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The Innovative Startup Act just needs presidential approval.
Philippine startups are lagging behind their Southeast Asian counterparts in terms of venture capital funding.
Grab Philippines was fined US$124,000 for sending incorrect data about its pricing.
Maria Health and Edukasyon.ph will fortify their operations.
OYO already has a presence in eight countries.
The partnership is expected to accelerate cashless payments in the Philippines
The Indonesian government will help Philippines’ unicorn to enter Indonesian market in exchange of Go-Jek expansion to the Philippines
The LTFRB said Go-Jek’s local unit Velox fails to meet the foreign ownership requirements.
Based on publicly available data, there were less than 20 VC deals reported in the Philippines from January to December.
The Philippine startup ecosystem is heating up, prompting the government to set up a five-year roadmap.
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