Just last Nov. 2, the World Economic Forum (WEF) released their 2017 Global Gender Gap report where the Philippines fell three notches to 10th place this year.
While the Philippines maintained its status as the top-ranking country in Asia, we were nudged to second place in Asia-Pacific by New Zealand. The report attributed the slip in the Philippines’ ranking to the “worsening performance on the wage equality for similar work done” or more popularly known as the “gender pay gap.”
The slip in the country’s ranking shows the need for a stronger push and sustained efforts to achieve gender parity.
This is the mission of the recently formed Philippine Business Coalition for Women Empowerment (PBCWE)—a coalition formed under the Business Partnerships Component of the Australian Department of Foreign Affairs and Trade’s (DFAT) Investing in Women Program, in partnership with the Philippine Women’s Economic Network (Philwen).
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