German firms doing business in Philippines mostly optimistic – survey

INQUIRER FILE PHOTO

MANILA, Philippines — Optimism among German companies operating in the Philippines about their current business situation is steady, with 58 percent saying they are in a “better” situation, according to a recent survey.

This was based on the results of the Spring 2025 AHK World Business Outlook Survey conducted by the German-Philippine Chamber of Commerce and Industry (GPCCI) from March 17 to April 11.

“This continued confidence in the Philippine market reflects the deepening strength of German-Philippine business ties,” GPCCI Policy and Advocacy Chairperson Marian Majer said in a statement on Thursday.

“But with that optimism comes the clear need for policy consistency and regulatory stability to sustain momentum,” he added.

This figure remains unchanged from the previous survey, the Fall 2024 AHK World Business Outlook Survey, conducted from September 23 to October 16, 2024.

But compared with the Spring 2024 survey released in May last year, it marks a significant improvement.  The earlier survey showed only 47 percent of firms reporting better business situation.

Despite the steady optimistic outlook, the GPCCI flagged several emerging concerns, including the recent United States’ tariff policy, a potential global recession, ongoing trade tensions and the upcoming Philippine elections.

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