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  • Writer: Ziggurat Realestatecorp
    Ziggurat Realestatecorp
  • Aug 2
  • 4 min read

I’ve always believed Filipinos feel things more deeply than most. We’re not just emotional. We’re the most emotional, according to a recent Gallup survey: 60 percent of us said we experienced strong emotions — good or bad — the day before the poll. That was the highest rate in the world, topping 140 other countries. That’s no small thing. It tells a story not just about how we live but why poverty and emotion remain intertwined in our national life.


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Poverty amplifies emotion. When resources are scarce, daily life gets raw. Joy is fierce. Grief is overwhelming. Hope can seem fragile. Emotion becomes louder because our circumstances demand it. In richer countries, daily distress is softened: you buy bottled water or go to the movies. But for many Filipinos stuck in poverty, every day is amplified: turning on the tap, filling up the jeep, paying for school — it’s emotional. You don’t just feel hunger. You feel desperation. You don’t just feel tired. You feel like you’re dying.


That emotional intensity shapes everything: business, politics, even our relationships. In business, it can be both a gift and a curse. On one hand, emotional engagement fuels creativity. Our advertising is powerful. Our service workers are warm. Filipino BPO centers are known for empathy and heartfelt communication. Emotion can close deals, build trust and make brands feel human. When a salesperson senses your mood, they respond in kind. That’s a skill. But there’s a downside. Our decisions are often too emotional. Investors get spooked easily. One bad headline robs us of millions. We ride the tide of sentiment instead of systems. We prize gut over analysis.


That’s why some foreign investors avoid long-term projects here — they worry about emotional instability: protests, lockdowns, fever pitch elections. They see emotion, not resilience. In politics, emotion is our stock-in trade. Campaigns here feel like telenovelas. Candidates cry. They hug families. They shout from balconies. It resonates.


But again, the same intensity can backfire. Emotional politics favors populism. Decisions come from rallies, not data. We react more than we plan. We celebrate passion but neglect policy. When leaders tap our hearts, they win. But when they neglect our problems, we suffer. This also shows up in how we treat poverty. We feed the hungry, clothe the cold, pray for the dying — and that’s good. But solutions are often emotional, not structural. We lobby with tears. We mourn with songs. But when responsibilities demand budgets, policies and regulations, we stall.


Emotion doesn’t build bridges. It doesn’t fix traffic. It doesn’t pass mental health laws. That takes consistency, not crying. In society, being so emotional means we connect easily. We’re warm, hospitable, generous. We help strangers. We cry at sad movies, rejoice at weddings, rage at injustice. The social bond is strong. It makes us resilient in calamity. Typhoon after typhoon, we rebuild — not just structures but communities.


Emotion binds us. It also burdens us. We cling to the past. We hold grudges. We gossip, and it hurts. We shame. We judge. We worry about what others think. Emotional experiences become collective memories — good and bad. We share trauma as much as joy, and both stick to our identity.


Being the world’s most emotional country, in many ways, is a blessing wrapped in a curse. It fuels our warmth, binds our communities and drives our creativity. It pushes campaigns to be passionate and brands to feel personal. But it also means we make decisions based on tears, not plans. We lead with sentiment, not sense. We treat symptoms, not causes. We celebrate emotion and forget discipline. If we want to thrive, we need to balance feeling with thinking. We need structures that harness emotion rather than be ruled by it. In business, that means systems that manage risk, not just charm clients.


In politics, that means policies grounded in data, not just tear-jerking speeches. In society, that means empathy that leads to action: fund housing, fund schools, fund mental health. We’re working on it.


The Mental Health Act got passed in 2018. It promised more care for those drowning in emotion — depression, anxiety, trauma — but it still needs funding, training and implementation. We’re seeing more nongovernmental organizations working on rehab after typhoons and the drug war. We’re more aware today of how poverty and disaster leave emotional scars. But awareness is the first step, not the finish line. We need to build systems that don’t just feel our pain but prevent it. We need to train kids not just to cry but to cope. We need to reward planning as much as passion. We must embrace emotion, yes, but channel it. Use it to motivate, not to mislead. Use it to heal, not to hijack. Use it to empathize, not just to entertain. I believe we can do that.


Our emotion is our power. It’s our heart. But a heart alone can’t win the world. It needs a mind that plans and a body that builds. We need the discipline to match our depth. We need to transform emotional energy into long-term action. Being the most emotional country isn’t a badge to hide under. It’s a responsibility. We feel the world more, yes. But feeling isn’t enough. We have to act. We must build. We must sustain. We need policies that outlast sympathy. We need leaders who feel and forge solutions. We need systems that honor our emotion by turning it into change. Until we do, we’ll remain emotional — and still poor. And we’ll ask ourselves, between tears and laughter, why so much feeling hasn’t led us any closer to real progress.


Source: Manila Times

 
 
 
  • Writer: Ziggurat Realestatecorp
    Ziggurat Realestatecorp
  • Jul 29
  • 2 min read

But ratio lower than 51.4% in 2021, the last time that WB published its triennial report


The proportion of Filipinos with financial accounts slightly fell in 2024 compared with three years ago, the World Bank (WB) Group reported, highlighting the challenges of onboarding the rest of the population to the formal financial system.


In its Global Findex 2025 report, the Washington-based institution found that 50.2 percent of Filipinos aged 15 years old and above owned an account with banks and other regulated entities such as credit union, microfinance institution or a mobile money service provider.


This was 1.2 percentage point lower compared with the previous share of 51.4 percent back in 2021—the last time that the WB Group published its triennial report.

The latest data on financial account ownership in the Philippines were based on the results of 1,000 interviews, with a margin of error of 3.5 percent.


Underperforming vs peers


As it is, the rate of financial account ownership in the Philippines was lower than the 83.3 percent average for the East Asia & Pacific and 70.4 percent for lower-middle-income economies.


The findings of the WB Group also fell short of the goal of the Bangko Sentral ng Pilipinas to include at least 70 percent of Filipino adults in the formal financial system by 2023.


The BSP has yet to release the results of its latest financial inclusion survey.

Notably, the decline in account ownership happened even as BSP data showed that 57.4 percent of total retail transactions in the country in 2024 were cashless. This surpassed the government’s 2024 goal to convert 52 to 54 percent of retail transactions to digital.



‘Concerning’ decline


John Paolo Rivera, a senior research fellow at state-run think tank Philippine Institute for Development Studies (PIDS), said the dip in financial account ownership was “concerning” as it ran counter to the “digital gains” that the country had seen recently.


“It suggests that economic hardship, job informality and limited digital access in rural areas may have offset earlier progress. The pandemic may have pushed people to open accounts for aid or transactions, but without sustained income or digital literacy, usage and retention likely fell,” Rivera said.


WB Group data showed that among the Filipinos who own accounts, 33.5 percent were maintained with banks “or similar financial institutions.” Meanwhile, 32.7 percent of them were “digitally enabled” accounts, and 28.8 percent were mobile wallets.

This is the first time that the report included data on personal mobile phone ownership and internet use.


Technology as enabler


The report added that 23.9 percent of Filipinos saved money using formal financial accounts in 2024, up from 20.8 percent in 2021.


Globally, the WB Group said mobile phone technology played a key role in the increase in formal saving.


“Financial inclusion needs more than just access. It needs meaningful use,” PIDS’ Rivera said.


“The government and private sector must invest in financial education, rural connectivity and trust-building to bring the remaining half of Filipino adults into the system,” he added.


Source: Inquirer

 
 
 
  • Writer: Ziggurat Realestatecorp
    Ziggurat Realestatecorp
  • Jul 13
  • 2 min read

The basic literacy rate among those five years old and older Filipinos was estimated at 90%, the Philippine Statistics Authority (PSA) reported, citing data from latest survey results.


According to the PSA’s 2024 Functional Literacy, Education, and Mass Media Survey (FLEMMS), about 93.1 million Filipinos out of 103.5 million of the total population are considered to be literate on a basic level.


The PSA defines “basic literacy” as the ability of a person to read and write a simple message in any language or dialect with understanding, and to compute or perform basic mathematical operations.


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On the other hand, functional literacy is classified as the ability of a person to read, write, compute and comprehend and includes higher level of comprehension skills, such as integrating two or more pieces of information and making inferences based on the given information.


Functional literacy rate was at 70.8% or about 60.2 million Filipinos out of 85 million aged 10 to 64, the PSA said.


Females recorded a basic literacy rate of 90.9% while males posted a basic literacy rate of 89%.


Those in the 20-24 age group were the most literate at the basic level with a 96.1% rate, while those aged 60 and over were the least at 76.2%.


Seven out of 18 regions posted higher basic literacy rates than the national average.

Central Luzon led with a basic literacy rate of 92.8%. It was followed by Cordillera Administrative Region (CAR, 92.7%), Calabarzon (92.6%), Central Visayas (92.1%),


National Capital Region (NCR, 92%), Northern Mindanao (90.8%), and Davao Region (90.2%).


Meanwhile, four regions surpassed the functional literacy rates at the national level. These were CAR (81.2%), NCR (79.9%), Calabarzon (77.3%), and Central Luzon (73%).


The FLEMMS is conducted every five years, and the latest edition is the seventh in the series of literacy surveys that started in 1989. The 2024 survey was conducted between September to October 2024.


 
 
 

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