MasterCard: Thai women top financial literacy
Sarun Saelee
BANGKOK, 5 March 2011 (NNT) – Thai women are found to have the highest literacy in financial management in the Asia-Pacific region, says the first survey on women and finance conducted by MasterCard.
According to MasterCard Thailand Vice President and Manager Eileen Wee, Thai women scored the highest aggregate score with 73.9 points, based on three indicators, including 87 points for financial plan, 69.3 points for investment and 67.9 points for basic financial management.
The survey indicated that Thai women give importance to financial management, and this can show that Thai women are accepted and trusted to play more roles or work in financial and investment related positions, which require knowledge, thorough understanding and financial awareness.
After Thai women, New Zealand and Australian women followed with 71.3 and 70.2 points respectively. Vietnamese women were at the fourth with 70.1 points, followed by Singaporean women with 69.4 points. The lowest in the chart are Chinese women with 60.1 points, Japanese women with 59.9 points and Korean women with 55.9 points.
Of the three components that make up the surveys, women across the region as a whole scored the best with 74.6 points in financial plan, 63.9 points in basic money management and 56.7 points in investment.
The survey was conducted for the first time from 13 September to 11 November 2010 with 5,094 women in 14 Asia-Pacific countries, including Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, the Philippines, Korea, Singapore, Taiwan, Vietnam and Thailand.
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