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Phl ranks #1 for women advancement in workforce in global index
Favorable entrepreneurial framework and conditions characterized by high levels of support for SMEs, ease of doing business, and access to financial services and academic programs are typically the key factors for women advancement in business.
Favorable entrepreneurial framework and conditions characterized by high levels of support for SMEs, ease of doing business, and access to financial services and academic programs are typically the key factors for women advancement in business.
Such is reaffirmed in The Mastercard Index of Women Entrepreneurs 2019 through the findings for high-income countries like the U.S., New Zealand, and Canada. The Philippines, however, stood out as a promising market showing that women in less wealthy and developed economies can still thrive in entrepreneurial businesses.
Strong representation of women in the Philippine workplace
Ranking first out of 58 economies for the first component, “Women’s Advancement Outcomes,” the Philippines stood out in terms of women’s ability to thrive as business leaders, professional and technical workers, entrepreneurs, and labor force participants. Three other markets in Asia Pacific joined the Philippines in the top ten ranks: Thailand (rank 4), Vietnam (rank 7) and New Zealand (rank 10).
The index also highlighted that Filipino women are fairly represented in the workforce, with 52% of business leaders and 58.2% of professional workers being female. Filipino women were also found to be just as likely as their male counterparts to go into entrepreneurship.
Limited access to education and funding
Unlike the previous metric, the Philippines was not able to join other Asia Pacific markets in the top spots for “Knowledge Assets and Financial Access”. This component of the index gauges women’s progress and the degree of marginalization they face as financial customers and academically in terms of opportunities to enroll in tertiary institutions, women’s inclination to borrow or save for business, and support rendered for SMEs. Among all 58 countries evaluated, the Philippines at rank 20 lagged behind a mix of high income, upper middle income and similar lower middle-income markets across different regions including nine other markets from Asia Pacific. The index noted that in the country, financial support rendered for SMEs is quite weak. This is indicated by gender gap in access to financial services, perception on physical infrastructure, and accessibility, range and effectiveness of government programs. Nevertheless, the Philippines was noted for being one of the markets with the least gender divide when it comes to borrowing or saving for business.
Lack of enabling entrepreneurial conditions
Out of the three components of the index, “Supporting Entrepreneurial Conditions” saw the lowest evaluation of the Philippines at rank 38. This gauges how supporting entrepreneurial conditions are either enablers or constraints of women business ownership through four indicators: ease of doing business, cultural perceptions of women entrepreneurs, quality of governance, and entrepreneurial supporting factors. This part of the index was dominated by wealthy and developed countries in North America (U.S. and Canada) and Europe (Switzerland, Canada, Denmark, the U.K. and Ireland) where highly supportive entrepreneurial conditions appear to play a role in advancing women’s ability to thrive in business. These countries have business environments that generally encourage and support entrepreneurial success, risk taking, creativity and innovativeness, and individuality.
The Philippines: A promising outlier for women in business
To finally round up its ranking, the index compounded all components for each of the 58 markets. High-income, innovative and well-developed economies such as the U.S., New Zealand, Canada, Israel, Ireland, Taiwan, Switzerland, Singapore, the U.K., and Poland topped the overall ranks as these countries have also secured the better ranks for each component of the index. This then reaffirms that markets with highly favorable entrepreneurial frameworks and conditions tend to drive women towards entrepreneurship. However, the Philippines also proved that women in less wealthy economies are able to overcome infrastructural shortcomings as it broke the streak of high-income countries at rank 11.
While the Philippines was part of the lower rankings for “Supporting Entrepreneurial Conditions,” this was balanced out by having topped all 58 countries for “Women’s Advancement Outcomes”. The Philippines thus reached a high overall ranking as it was able to enter the upper half of rankings for “Knowledge Assets and Financial Access”.
While these evaluations give insight on how promising the entrepreneurial framework in the Philippines already is, the MIWE results also show how the balance of different factors can contribute to an even better environment for women in business. It shows the importance of designing policies and solutions with women in mind, and in such a way that allows for inclusive growth in business. By ensuring that all women in the country can access financial resources such as bank accounts, credit and insurance, and sufficient education, the Philippines will be able to foster a more supportive environment for entrepreneurship and empower women with the right tools and mindset to proactively pursue business.
Methodology
The Mastercard Index of Women Entrepreneurs 2019 is the third report profiling the progress and achievement of women entrepreneurs or business owners across 58 societies around the world. Based on data available publicly from international organizations including the International Labour Organization, UNESCO and the Global Entrepreneurship Monitor, the study represents nearly 80% of the world’s female labor force and highlights how the 58 markets differ at 3 levels: (i) Women’s Advancement Outcomes, (ii) Knowledge Assets & Financial Access, and (iii) Supporting Entrepreneurial Factors. The results also shed light on which factors and conditions are the most conducive in helping to narrow the gender gap among female entrepreneurs or business owners, or the most inhibitive and disabling, thereby weighing on women’s ability to thrive in business.
NewsMakers
The look and feel of your neighborhood may affect your sleep
Those living in neighborhoods rated as having a stronger sense of safety tended to sleep longer, and that this rating appeared to be shaped by the streetscape.
Your neighborhood’s “streetscape”—the physical environment of your street—is something that you have probably never consciously thought about, despite seeing it every day. But what if the streetscape was affecting you on a subconscious level and disrupting your sleep?
This intriguing question is posed by the findings of a study led by Professor Daisuke Matsushita of the Graduate School of Human Life and Ecology at Osaka Metropolitan University. The research team used AI to analyze more than 200,000 Google Street View images to identify visual neighborhood characteristics. They then linked these characteristics to the self-reported sleep of 1,089 working adults living on the lower floors of apartments in Tokyo, who were most likely to be affected by the streetscape.
They found that those living in neighborhoods rated as having a stronger sense of safety tended to sleep longer, and that this rating appeared to be shaped by the streetscape. Generally, people slept longer in areas with lots of greenery, such as leafy trees, on the street. Similarly, high “enclosure”—meaning many tall vertical buildings and few wide-open spaces—was also associated with longer sleep and fewer insomnia symptoms.
However, the study also made a surprising finding. The researchers found that highly walkable streetscapes, such as those with more sidewalks and traffic signs, were associated with a lowered sense of safety and shortened sleep duration.
This suggests that walkability does not always represent a reassuring environment. Instead, a possible explanation is that streets with extensive pedestrian infrastructure are often busier, more crowded, and used by more strangers, which may be perceived as less safe or less relaxing than quieter residential streets.
“This study demonstrates the potential for evaluating streetscape characteristics across large geographic areas in a cost-effective manner,” Dr. Matsushita said. “Based on the technique used in this study, cities could potentially measure perceived safety, beauty, liveliness, and enclosure as well as pollution and noise.”
“We hope that opening up this new perspective creates further possibilities for designing healthier neighborhoods,” he concludes.
The findings were published in Building and Environment.
NewsMakers
Workout or nap? Either can help your sleepless brain, study finds
People who either completed 20 minutes of moderate-to-vigorous exercise or took a 90-minute nap performed about 22 per cent better on memory tests after 30 hours without sleep than those who did neither.
A short workout or a nap can help protect memory after a sleepless night, a McGill University-led study has found.
Researchers found people who either completed 20 minutes of moderate-to-vigorous exercise or took a 90-minute nap performed about 22 per cent better on memory tests after 30 hours without sleep than those who did neither. The findings, published in Proceedings of the National Academy of Sciences (PNAS), point to practical ways to counter the effects of sleep deprivation.
“Sleep loss affects nearly every aspect of how we think and function, but many people can’t simply stop what they’re doing and get more sleep,” said senior author Marc Roig, Professor in McGill’s School of Physical and Occupational Therapy. “Our findings show that even a brief bout of exercise may help preserve one of our most important cognitive abilities.”
The study involved 54 healthy young adults who stayed awake for 30 consecutive hours under lab supervision. Participants were then assigned to one of three groups: a 20-minute cycling session, a 90-minute nap or a control condition. Three days later, researchers tested their memory for images they had viewed immediately after the intervention. Those who exercised or napped remembered significantly more images than participants who did neither.
Same result, different pathways
While the memory benefits were nearly identical, brain recordings revealed that exercise and napping helped in different ways.
Napping appeared to help the brain recharge, making it easier to take in and remember new information. Exercise, by contrast, helped the brain use its remaining resources more efficiently, without making participants feel more tired.
The findings could eventually inform fatigue-management strategies in workplaces where sleep loss is common and mistakes can have serious consequences, such as health care, transportation and emergency response.
“A nap isn’t always possible in the middle of a shift,” said first author Madhura Lotlikar, a doctoral candidate in McGill’s Department of Neurology and Neurosurgery. “Exercise is accessible, inexpensive and easy to implement. That makes it a promising tool to help people stay cognitively sharp when sleep is limited.”
The researchers emphasize that exercise cannot replace sleep, but it may help people function better when getting enough rest isn’t possible.
About the study
“Protecting episodic memory after sleep loss: Similar benefits of exercise and naps via distinct neural contributions” by Madhura Lotlikar and Marc Roig et al., was published in Proceedings of the National Academy of Sciences of the United States of America.
NewsMakers
Study links coffee consumption to metabolic health and sex hormones
Despite having a similar body mass index (BMI), individuals with higher coffee consumption had lower total and visceral fat and greater skeletal muscle mass than those who consumed less coffee.
Coffee is one of the world’s most widely consumed beverages, and previous research has linked its consumption to a lower risk of conditions such as type 2 diabetes and cardiovascular disease. However, the biological mechanisms behind these benefits remain unclear. A new Finnish study links habitual coffee consumption to healthier body composition and metabolic markers, while revealing distinct associations with sex hormones in men and women.
The study, conducted at the University of Oulu, analysed data from 2,264 participants aged 46 in the Northern Finland Birth Cohort 1966. Researchers examined how habitual coffee consumption was associated with circulating metabolites, cardiometabolic risk markers and sex hormones.
Despite having a similar body mass index (BMI), individuals with higher coffee consumption had lower total and visceral fat and greater skeletal muscle mass than those who consumed less coffee.
In both men and women, higher coffee consumption was correlated with lower circulating levels of branched-chain amino acids, biomarkers that have previously been linked to insulin resistance and an increased risk of type 2 diabetes when chronically elevated.
The strongest sex-specific associations were observed in men. Higher coffee consumption was linked to a more favourable glucose–insulin profile, higher concentrations of total and bioavailable testosterone, and increased levels of sex hormone-binding globulin (SHBG). At the same time, free testosterone and the free androgen index were modestly lower. In women, hormonal associations were more limited and were primarily characterised by higher SHBG and lower measures of free androgens.
“Coffee is consumed by millions of people every day, yet we still know surprisingly little about how it relates to our metabolism and hormones. What stood out in our findings was a distinct hormonal signature that didn’t disappear even after we took into account BMI and lifestyle factors, with several of these associations differing between men and women,” says Luca Verroest, lead author of the study and Doctoral Researcher at the University of Oulu.
The results suggest that hormonal pathways may partly explain the relationship between coffee consumption and metabolic health. However, as this was an observational study, the findings demonstrate associations rather than cause-and-effect relationships.
The study is particularly relevant in Finland, one of the world’s highest coffee-consuming countries, where annual consumption averages around 11.8 kilograms per person.
The researchers say the findings provide a foundation for future studies aimed at determining whether coffee itself drives these biological changes and identifying the compounds responsible. These questions are currently being investigated in animal models, with the long-term goal of progressing to human intervention studies. Further research will be needed before the findings could inform dietary recommendations.
The study, Associations of habitual coffee intake with testosterone and cardiometabolic markers: the Northern Finland Birth Cohort 1966 study, has been published in the European Journal of Nutrition.
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