MANILA -- The Palace said it expects business confidence in the Philippines to continue in the coming years after a new survey found high expectations for the Philippines.

The survey shows a rosy picture of business confidence for the Philippines in the last quarter of 2014.

The survey was conducted by the Bangko Sentral ng Pilipinas, Deputy presidential spokesperson Abigail Valte said Saturday.

Valte said the Philippines also faired well in the recent anti-modern slavery index.

In the 2014 Global Slavery Index, the Philippines placed first in Asia and third in the Asia Pacific region. It is ranked 29th globally among 167 countries covered by the GSI, Valte said.

With the country's good standing, Valte said she expects the report to encourage the Inter-agency Council Against Trafficking to work harder.

The IACAT is under the Department of Justice and the Department of Social Welfare and Development and other government agencies.*PNA

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