The Philippines has made major achievements in women’s economic empowerment; with more than 40% of women enrolled in tertiary education, women holding 40% of senior management roles, and owning almost one quarter of small to medium enterprises. The Philippines is the gender equality leader in South East Asia and ranked 8th out of 149 countries in the 2018 global gender gap index.
While the Philippines has made strong progress, cultural and political barriers continue to restrict opportunities available to women. Taking into account women’s higher levels of education, employers in the Philippines pay women 23-30%2 less than men, and appoint fewer women to leadership positions with 30% of boards composed entirely of men.
Filipino cultural norms also place the burden of unpaid housework and childcare upon women, restricting opportunities to progress in the workplace and in business. Women’s workforce participation is just 46% in the Philippines compared to 76% for men.
In collaboration with corporations and business leaders, impact investors and entrepreneurs, governments and advocates in the Philippines, Investing in Women is building the business case and spearheading the campaign for women’s economic equality in South East Asia.
In this podcast, James Lette, Executive Director of Manila Angel Investors Network—a partner of Investing in Women in the Philippines—discusses the impact of the COVID-19 pandemic on the Philippines startup ecosystem and women founders, and outlines a blended finance approach to incentivise investors to back these founders.
This fact sheet provides findings around impacts of COVID-19 on employment, productivity, income, household responsibilities, and mental and physical health in the Philippines.
This baseline study validates the findings of previous studies that the STEM industries, particularly the fields of engineering, architecture and related fields as well as the life science fields continue to valorise and practice many male-centred norms and work practices.