Understand how the socio-demographics, growth resilience, and evolving financial literacy in the Philippines are shaping its diverse and resilient economic landscape. A research article titled “The Financial Life of Filipinos: Insights into Wealth Distribution and Financial Literacy in the Philippines” provides a comprehensive analysis of the financial landscape in the Philippines, focusing on wealth distribution, financial literacy, and the path towards inclusive financial services. This summary highlights the key findings, discusses the state of financial literacy, and outlines recommendations for creating a more inclusive financial environment in the country. Key Findings The article reveals a complex picture of wealth distribution…
Author: Urs Bolt, WealthTech Expert, Philippines
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As we delve into the transformative landscape of WealthTech and Wealth Management, a keen focus on the geopolitical dynamics and technological advancements is essential for investors and industry players alike. Let’s explore the key trends shaping the WealthTech industry in 2024, with a special focus on Southeast Asia. Geopolitical Dynamics In the Global South, including in some countries in Southeast Asia, a notable divergence from Western practices is observed. Geopolitical escalations can pose challenges within supply chains, introducing complexity to investment strategies. Investors must navigate this evolving landscape with a strategic approach, considering the impact of global events on their…