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32% of German biz in PH in good situation

Cover of the World Business Outlook Fall 2021 Survey of the German-Philippine Chamber of Commerce and Industry MANILA - There is an increase in the number of German companies operating in the Philippines saying their businesses are in a"good situation", the German-Philippines Chamber of Commerce and Industry's (GPCCI) World Business Outlooks (WBO) Fall 2021 Survey said. With a total of 74 respondents, the GPCCI conducted the WBO Fall 2021 Survey from September 21 to October 15 when restrictions due to threats of the Delta variant started to ease. The survey said 32 percent of German firms were in "good situation" during the said period, 47 percent said their situation is "satisfactory", and 20 percent are in "bad situation". This was an improvement from the Spring 2021 result, which was conducted between March 18 and April 19 when the government reimposed the restrictive enhanced community quarantine to manage the cases of coronavirus disease

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