WOMEN in the Philippines emerged as one of the most resilient entrepreneurs for the third year in a row, according to a study conducted by global technology payments company Mastercard.

The fifth edition of Mastercard's Index for Women Entrepreneurs (MIWE), which covered 65 economies and 82.4 percent of the worldwide female labor force, looked at women's development in the global entrepreneurship scene over the last two years. Despite global efforts to reduce the Covid-19 pandemic's effects, women have suffered significant economic and societal consequences, the report underscored.