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Philippines Startup Growth Hindered by Funding Shortages

10/5/2025

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Summary

Story summary

In the Philippines, officials report growth of the startup ecosystem but cite funding shortages and fragmented coordination.
The Department of Information and Communications Technology (DICT) proposes a unified organization to represent startups and streamline policy and funding.
In South Korea, the biotech sector thrives with rising private investment but limited government support. Analysts warn reform is needed to sustain momentum.

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Story summary

In the Philippines, officials report growth of the startup ecosystem but cite funding shortages and fragmented coordination.
The Department of Information and Communications Technology (DICT) proposes a unified organization to represent startups and streamline policy and funding.
In South Korea, the biotech sector thrives with rising private investment but limited government support. Analysts warn reform is needed to sustain momentum.