Filipinos’ wallets fatter, but PH still among Asia’s poorest – report

Filipinos’ wealth rose in 2023—just not enough to pluck the Philippines out of the group of poorer economies in the region, insurer Allianz Global said in a new report. Allianz Global said net financial assets per capita in the Philippines grew by 13.2 percent year-on-year to 1,940 euros (P121,000 based on current foreign exchange rates)