8 Of 10 Pinoys Optimistic About PH Prospects

They have different opinions as to when it would be achieved, but 8 of 10 Filipinos are optimistic that the Philippines is or can become a developed country. This is according to a survey commissioned by Sun Life of Canada (Philippines), Inc. and conducted by Social Weather Stations to determine the public’s opinion regarding development.

Asked if they think that the Philippines is already a developed country, 3 of 10 Filipinos said yes. While 7 of 10 opined that this is not yet the case at the moment, majority did express that this could be achieved in the future. 3 of 10 said the Philippines will become a developed country in ten years, 1 of 10 say it can be done in five years, and another 1 in 10 thinks it’s possible in three years. Meanwhile, 2 of 10 believe that the Philippines will never be a developed country.

Asked about what they believe best indicates a developed country, 41% said that it is the accessibility of “affordable good education”. The other top answers were a developed economy (40%) and the accessibility of job opportunities (36%).

74% expect that the country’s development would have a positive impact on them and their families, but 26% believe otherwise. The top 3 responses of respondents when asked what they are doing to improve their own financial situation are saving money (54%), growing their current business (19%), and not doing anything (18%).

“The country’s economic progress has been all over the news lately, and Sun Life wanted to know the Filipinos’ sentiments regarding this. It would be great if the country’s economic progress can be enjoyed by all and not just a few. However there are still those who do not foresee that the country’s economic progress would have any positive impact to them and there are those who are not doing anything to help their financial situation improve” said Sun Life Chief Marketing Officer Mylene Lopa. “But this financial freedom can only be achieved if each of us would also take personal accountability for our finances and take specific actions today.”

8 Of 10 Pinoys Optimistic About PH Prospects

They have different opinions as to when it would be achieved, but 8 of 10 Filipinos are optimistic that the Philippines is or can become a developed country. This is according to a survey commissioned by Sun Life of Canada (Philippines), Inc. and conducted by Social Weather Stations to determine the public’s opinion regarding development.

Asked if they think that the Philippines is already a developed country, 3 of 10 Filipinos said yes. While 7 of 10 opined that this is not yet the case at the moment, majority did express that this could be achieved in the future. 3 of 10 said the Philippines will become a developed country in ten years, 1 of 10 say it can be done in five years, and another 1 in 10 thinks it’s possible in three years. Meanwhile, 2 of 10 believe that the Philippines will never be a developed country.

Asked about what they believe best indicates a developed country, 41% said that it is the accessibility of “affordable good education”. The other top answers were a developed economy (40%) and the accessibility of job opportunities (36%).

74% expect that the country’s development would have a positive impact on them and their families, but 26% believe otherwise. The top 3 responses of respondents when asked what they are doing to improve their own financial situation are saving money (54%), growing their current business (19%), and not doing anything (18%).

“The country’s economic progress has been all over the news lately, and Sun Life wanted to know the Filipinos’ sentiments regarding this. It would be great if the country’s economic progress can be enjoyed by all and not just a few. However there are still those who do not foresee that the country’s economic progress would have any positive impact to them and there are those who are not doing anything to help their financial situation improve” said Sun Life Chief Marketing Officer Mylene Lopa. “But this financial freedom can only be achieved if each of us would also take personal accountability for our finances and take specific actions today.”

8 Of 10 Pinoys Optimistic About PH Prospects

They have different opinions as to when it would be achieved, but 8 of 10 Filipinos are optimistic that the Philippines is or can become a developed country. This is according to a survey commissioned by Sun Life of Canada (Philippines), Inc. and conducted by Social Weather Stations to determine the public’s opinion regarding development.

Asked if they think that the Philippines is already a developed country, 3 of 10 Filipinos said yes. While 7 of 10 opined that this is not yet the case at the moment, majority did express that this could be achieved in the future. 3 of 10 said the Philippines will become a developed country in ten years, 1 of 10 say it can be done in five years, and another 1 in 10 thinks it’s possible in three years. Meanwhile, 2 of 10 believe that the Philippines will never be a developed country.

Asked about what they believe best indicates a developed country, 41% said that it is the accessibility of “affordable good education”. The other top answers were a developed economy (40%) and the accessibility of job opportunities (36%).

74% expect that the country’s development would have a positive impact on them and their families, but 26% believe otherwise. The top 3 responses of respondents when asked what they are doing to improve their own financial situation are saving money (54%), growing their current business (19%), and not doing anything (18%).

“The country’s economic progress has been all over the news lately, and Sun Life wanted to know the Filipinos’ sentiments regarding this. It would be great if the country’s economic progress can be enjoyed by all and not just a few. However there are still those who do not foresee that the country’s economic progress would have any positive impact to them and there are those who are not doing anything to help their financial situation improve” said Sun Life Chief Marketing Officer Mylene Lopa. “But this financial freedom can only be achieved if each of us would also take personal accountability for our finances and take specific actions today.”

8 Of 10 Pinoys Optimistic About PH Prospects

They have different opinions as to when it would be achieved, but 8 of 10 Filipinos are optimistic that the Philippines is or can become a developed country. This is according to a survey commissioned by Sun Life of Canada (Philippines), Inc. and conducted by Social Weather Stations to determine the public’s opinion regarding development.

Asked if they think that the Philippines is already a developed country, 3 of 10 Filipinos said yes. While 7 of 10 opined that this is not yet the case at the moment, majority did express that this could be achieved in the future. 3 of 10 said the Philippines will become a developed country in ten years, 1 of 10 say it can be done in five years, and another 1 in 10 thinks it’s possible in three years. Meanwhile, 2 of 10 believe that the Philippines will never be a developed country.

Asked about what they believe best indicates a developed country, 41% said that it is the accessibility of “affordable good education”. The other top answers were a developed economy (40%) and the accessibility of job opportunities (36%).

74% expect that the country’s development would have a positive impact on them and their families, but 26% believe otherwise. The top 3 responses of respondents when asked what they are doing to improve their own financial situation are saving money (54%), growing their current business (19%), and not doing anything (18%).

“The country’s economic progress has been all over the news lately, and Sun Life wanted to know the Filipinos’ sentiments regarding this. It would be great if the country’s economic progress can be enjoyed by all and not just a few. However there are still those who do not foresee that the country’s economic progress would have any positive impact to them and there are those who are not doing anything to help their financial situation improve” said Sun Life Chief Marketing Officer Mylene Lopa. “But this financial freedom can only be achieved if each of us would also take personal accountability for our finances and take specific actions today.”

BayaniJuan kids learn lessons on saving from Sun Life Foundation

Students of Sto. Tomas Elementary School in Calauan, Laguna with their coin banks
from Sun Life Foundation

Elementary students of Sto. Tomas Elementary School in the BayaniJuan community in Calauan, Laguna learned valuable lessons on saving for the future, after the Sun Life Foundation visited their school recently.

Sun Life Foundation Executive Director Joub Miradora graced the event and spoke to the children about the importance of being conscientious when it comes to handling money. After the short talk, he distributed over a thousand coin banks to the students, whose families were among those who were relocated to the BayaniJuan community from the Pasig River Rehabilitation program and after being displaced by Typhoon Ondoy in 2009.

“This is a part of our financial literacy advocacy because we believe in the importance of instilling in children the value of saving for the future,” Miradora shared. “Teaching them to save early on will help them understand how to handle their finances in the future.”

Sun Life Foundation aims to distribute 5,000 more coin banks to public school students in the coming months.

Sun Life Financial is represented in the Philippines by its life insurance arm, Sun Life of Canada (Philippines), Inc. (SLOCPI); its mutual fund manager, Sun Life Asset Management Company Inc. (SLAMCI); and its pre-need company, Sun Life Financial Plans Inc (SLFPI). Sun Life Financial Philippines – Foundation, Inc. is the philanthropy arm of SLOCPI.