The Philippine central bank said that employment outlook for the coming quarter remains bullish.
In its latest Business Expectation Survey (BES) released on Friday, the Bangko Sentral ng Pilipinas (BSP) said that the employment outlook index for the next quarter increased to 23 percent.
The central bank said that firms in the services sector were the most optimistic in their employment outlook, consistent with their bullish outlook in second quarter 2013.
“Business sentiment across employment size improves in the quarter ahead. Large-sized firms’ business confidence for both the current and next quarters was the most buoyant, followed by those of medium- and small-sized firms,” the BSP said.
The number of firms with expansion plans is broadly steady, while average capacity utilization declines.
However, in line with the more optimistic business sentiment for the next quarter, firms in the industrial sector continued to have a bullish outlook on the economy.
The percentage of businesses with expansion plans for the next quarter stood at 29.6 percent, relatively steady compared to that of the previous quarter, the BSP noted.
“The average capacity utilization for the current quarter slightly decreased to 73 percent compared to 74.1 percent registered last quarter,” Rosabel Guerrero, director of the BSP-Department of Economic Statistics said.
The First Quarter 2013 BES was conducted during the January 3 to February 8 this year. There were 1,555 firms surveyed nationwide. Respondents were drawn from the Securities and Exchange Commission’s Top 7,000 Corporations. –Raadee S. Sausa Reporter, Manila Times
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
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September –
5 Sept – Intl Day of Charity
7 Sept – Intl Day of Clean Air for Blue Skies
8 Sept – International Literacy Day
12 Sept – United Nations Day for South-South Cooperation
15 Sept – International Day of Democracy
16 Sept – International Day for the Preservation of the Ozone Layer
17 Sept – World Patient Safety Day
18 Sept – International Equal Pay Day
21 Sept – International Day of Peace
26 Sept – International Day for the Total Elimination of Nuclear Weapons
27 Sept – World Tourism Day
28 Sept – International Day for Universal Access to Information
29 Sept – International Day of Awareness of Food Loss and Waste
30 Sept – World Maritime Day
Monthly Observances:
Health, Safety and Sanitation Month
National Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 4)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: National Family Week
Daily Observances:
Third Saturday:
International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
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