Filipina entrepreneurs, many of whom are mothers, are playing a dominant role in the Philippine economy, according to a report from Philstar Biz. Women own 66% of existing businesses and account for 62% of newly registered enterprises, highlighting their significant contribution to the country's economic landscape.
The data underscores the growing influence of women in both micro, small, and medium enterprises (MSMEs) and larger ventures. This trend reflects broader social shifts, with more Filipinas pursuing entrepreneurship as a means of financial independence and family support.
The report did not specify sectoral breakdowns but noted that women-led businesses are prevalent in retail, services, and online commerce. Policymakers and industry groups see this as a positive indicator for inclusive growth and are exploring further support mechanisms for women entrepreneurs.