In its First Semester Executive Outlook Survey for 2017, the Makati Business Club members expressed a highly optimistic outlook for the Philippine economy expecting it to either surpass or sustain last year’s 6.8% GDP growth. This is despite anticipating an increase in inflation and interest rates this year, coupled with a critical outlook on trade.
The MBC survey received responses from 76 out of its 380 (20%) corporate members; majority of these responses were received from senior executives and top management representatives.