This is according to the Grant Thornton International Business report, which covered 2,400 businesses in the first quarter, asking for business insights, including optimism that the local economy would grow in the next 12 months.
The Philippines scored a net of 98 percent in the Jan. to March period, which is 18 points higher than the net recorded in the last quarter of 2016. This is also the highest quarterly score since at least the fourth quarter of 2010. The data did not detail quarterly ratings from anytime before that year.