German businesses in the Philippines are optimistic, with many planning to expand, despite facing challenges.

German businesses in the Philippines are showing strong optimism, with 54% planning to expand their workforce and 44% intent on increasing investments over the next year. Despite this positive outlook, challenges such as high energy costs, poor infrastructure, and supply chain issues pose risks to sustained growth. The survey also highlighted that sustainability practices are seen as a competitive advantage.

3 months ago
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