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PH consumers, businessmen turn bullish for first half of 2019

MANILA, Philippines -- Filipino consumers and businessmen turned more upbeat in the first quarter of the year and expect the next three months to be even better for them due to improving income and more jobs for the former and expected improvement in sales for the latter due to election spending. Thus revealed the results of separate consumer and business confidence surveys released simultaneously on Thursday by the Bangko Sentral ng Pilipinas (BSP), which showed a broad improvement in economic sentiment after last year's high inflation-induced pessimism. "Consumer outlook improved for the first quarter of 2019, as the overall confidence index rose to -0.5 percent from -22.5 percen...

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Motorcyclist dead in Lucena collision

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