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FIELD OF

BUSINESS
WHAT ARE THE HAPPENINGS INSIDE THE FIELD OF BUSINESS?

BUSINESS OWNERS

25
PERCENT
44%
Millennials
12%

Only 25% of adult Filipinos Gen X


44%

41%
are literate on the basics
of finance.

Baby Boomers
41%

Did you know that over

500,000 businesses open

12%
every month?

44% of small business owners

are between 39 and 54 years old


The Philippines’ headline

Gen X group (which is 39 to 54-year-olds)

inflation increased to 8.1% in


made about 44% of small business owners,

December 2022, from 8.0%


according to The Guidant Financial trends

index for 2021. Baby boomers (people born

in November 2022. between 1946 and 1964) own around 41% of

small businesses. Millennials currently make

up around 12% of small business owners, but

the number is growing.

SOCIAL MEDIA MARKETING

With 90% of users saying they


watch video online at least once a
month, it’s easy to see why
marketers see video as their most
valuable content marketing assets.

LEE THEA ANGELA CABIZARES • RAUFF U. ABDULKARIM • MONAWARA A. MAGUID • ABDULJABBAR K. SANGACALA
MOHAMMED KHALDOON NOORI F. MACAUYAG

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