Tag: Generation X

Philippines voting population almost 76 million, voters aged 18-44 form majority

Philippines voting population almost 76 million, voters aged 18-44 form majority

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When compared to the National and Local Elections of 2022, the voting population of the Philippines for this year is significantly higher with almost 76 million and voters aged 18 to 44-years-old combined for a majority, according to a GMA Network news report. It should be noted that the number of registered voters for 2025 is short of 70 million.

To put things in perspective, posted below is an excerpt from the GMA News report. Some parts in boldface…

Filipinos from the ages of 18 to 44 make up the majority of voters for Eleksyon 2025, data compiled by GMA Integrated News Research showed.

According to a report on 24 Oras Weekend, the Philippines’ voting population—or those who are of age to vote—increased by a little over 10 million to 75,940,535 for the 2025 national and local midterm elections, from 65,745,512 in 2022.

Of the 2025 total, Comelec data as of Jan. 23, 2025 shows that 69,673,655 are registered voters.

And of this number, the breakdown by generation is as follows, according to GMA Integrated News Research:

*    25.94 million are Millennials, born in the period from 1981 to 1996, making up 34.15% of the voting-age population

*    21.87 million are Gen Z, born in the period from 1997 to 2007, making up 28.79% of the voting-age population

*    17.64 million are Gen X, born in the period from 1965 to 1980, making up 23.22% of the voting-age population

*    10.50 million are from the Baby Boom and Silent Generations, born in the 1946–1964 and 1928–1945 periods respectively, making up 13.83% of the voting-age population

This means Millennials and Gen Z voters make up about 63% of the voting-age population and 68% of the registered voters for Eleksyon 2025.

In 2022, millennials were still the biggest group of voters, followed by Gen X-ers at 16.78 million. Gen Z-ers saw the biggest increase in voters, from 13.11 million in 2022 to 21.87 million three years later.

Let me end this post by asking you readers: What is your reaction to this recent development? Do Millennials and Gen Z voters of your local community form a majority of the local voting population? Are the registered voters of your local community willing to vote in this May’s national and local elections?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

To lure younger investors, BPI Wealth to launch new mutual fund

To lure younger investors, BPI Wealth to launch new mutual fund

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BPI Wealth – the wealth management arm of the Bank of the Philippine Islands (BPI) – will establish a new mutual fund to lure in young and tech-savvy investors, according to a Manila Bulletin business news report.

To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…

Amid favorable conditions for long-term investments, the wealth-management arm of Ayala-led Bank of the Philippine Islands (BPI) will roll out before this year ends a new mutual fund eyeing young and tech-savvy investors.

BPI Wealth personal wealth head Irene Ang told a press briefing on Friday, October 18, that the forthcoming BPI Wealth Builder Multi-Asset Mutual Fund Inc. is expected to be approved “soon” by the Securities and Exchange Commission (SEC), which regulates mutual funds, for it to be sold to the public.

This first-of-its-kind balanced, global-based and peso-subscription and -redemption fund aims to convince millennials and the Gen X generation in the country to invest and prepare for their retirement, Ang said.

Among the innovative and unique features of this mutual fund include availability for a minimum of only P1,000; accessibility on BPI’s online platforms and accredited channels to conveniently open an investment account, monitor investments, and receive cumulative rewards and benefits at no extra cost; as well as an automated and automatic top-up system allowing additional investments of at least P100 monthly.

Ang is optimistic that up to P1-billion investments in their upcoming newest mutual fund would be “easy.”

BPI Wealth president and chief executive officer (CEO) Maria Theresa D. Marcial noted that among their investors, those who onboarded via digital channels continued to engage more regularly than branch-opened accounts.

“We should push more into digital initiatives,” said Marcial, who is spearheading BPI’s “Wealth Wellness Month” this October to promote financial inclusion and literacy as well as opportunities for small investors.

Marcial disclosed that as of end-September, BPI Wealth’s assets under management (AUM) rose to a new high of P1.4 trillion, from P1.2 trillion in end-2023.

On top of the earlier goal of 20-percent AUM increase for this year, Marcial said a further 15-percent growth next year will be “reasonable.”

BPI Wealth targets P3 trillion in AUM by 2026.

Marcial cited that while mutual funds and other assets experienced a roller-coaster ride of ups and downs during the past three years due to global financial conditions, the clarity in the ongoing monetary policy easing here and abroad this year has improved prospects.

“We’re seeing markets becoming more buoyant, and fund managers are becoming more constructive across asset classes,” she said.

“Bonds are expected to do better, as interest rates go lower. And because interest rates are lower… so [in] equity we’re seeing some renewed interest,” she added.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think BPI Wealth’s newest move makes a lot of sense with today’s economic environment? Do you think a lot of millennials are willing to engage in investments?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco