Funding in South-east Asia tech ecosystem falls to five-year low in Q3 2023: Traxcn

Janette BarraPress Releases

FUNDING continues to be challenging for startups in South-east Asia, as ecosystem funding falls to a five-year low for the third quarter of 2023 to US$835 million. According to a report by market intelligence platform Traxcn, this low comes after a spike in the second quarter of 2023, when funding hit US$3.2 billion. Year on year (yoy), Q3 funding fell …

Navigating Troubled Waters: The Scarborough Shoal Dispute

Melita BreenPress Releases

Ladies and gentlemen, esteemed panelists, and fellow citizens, today we find ourselves entangled in a tumultuous sea of international tensions, as we discuss China’s recent installation of a floating barrier in the southern portion of Scarborough Shoal, an area also known as Bajo de Masinloc. This barrier, an ominous presence in Philippine waters, has ignited a passionate debate about sovereignty, …

GDP growth seen slowing to 5.9% this year

Melita BreenPress Releases

“Philippines’ economic growth is projected to moderate to 5.9 percent due to high base effects and weaker external demand,” AMRO principal economist Runchana Pongsaparn said in a statement yesterday” MANILA, Philippines — The Association of Southeast Nations (ASEAN) +3 Macroeconomic Research Office (AMRO) expects the Philippines to post 5.9 percent growth this year, slower than the previous year, citing high …

The “Vietnam: A Global Engine of Growth”

Melita BreenPress Releases

The “Vietnam: A Global Engine of Growth” report offers a thorough examination of Vietnam’s investment landscape, designed to provide valuable insights to the international investment community. This report delves into Vietnam’s remarkable journey as one of Southeast Asia’s fastest-growing economies, highlighting both its prospects and the challenges it faces. Over recent decades, Vietnam has become a magnet for significant capital …

Incubators / Accelerations: sharing a 550+ Resource List.

Melita BreenPress Releases

But first, let’s do a quick Q&A on the topic. 𝐖𝐡𝐚𝐭’𝐬 𝐭𝐡𝐞 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 𝐈𝐧𝐜𝐮𝐛𝐚𝐭𝐨𝐫𝐬 𝐚𝐧𝐝 𝐀𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐨𝐫𝐬? Incubators provide resources and mentorship to help develop ideas into viable products. Top incubators include Y Combinator, Techstar, and 500 Startups. Accelerators work with startups that already have a product, aiming to rapidly scale and achieve market traction. Top accelerators include AngelPad, Seedcamp, …

Philippine Inflation Eases Amid Strategic Economic Measures

Melita BreenPress Releases

In the Philippines, there is a noticeable trend of easing inflation. According to official reports from the central bank, the initial headline inflation rate stood at 8.7 percent in January 2023. However, a significant decline has been observed since then, with the rate dropping to 4.7 percent by July 2023. Notably, the Philippines has been grappling with notable inflationary pressures …

Choosing the first Vietnamese proptech enterprise to cooperate, what commitment does the Singapore investment fund make?

Melita BreenPress Releases

(Chinhphu.vn) – On August 10, Meey Land Group Joint Stock Company and Alamat Capital Fund officially signed a strategic cooperation contract with items to support businesses to structure capital sources, attract investment and financial strategy advisors. Accordingly, Alamat Capital is committed to accompanying Meey Land on the path towards the goal of becoming a multinational corporation with a billion-dollar capitalization …

Specialisation key for fintechs in South-east Asia amid funding challenges

Janette BarraPress Releases

SOUTH-EAST Asia’s fintech models are now moving to specialisation over commoditisation, a report by venture capital firm January Capital indicated. This comes after the proliferation of fintech services, such as payment systems and lending applications, which has produced significant fragmentation for merchants. The firm noted that more companies in South-east Asia are embedding fintech in their services to meet user …

Revealing the portrait of the Foreign Investment Fund preparing to pour capital into Meey Land

Melita BreenPress Releases

‘In the process of developing the Proptech Ecosystem and attracting investment, Meey Land Group Joint Stock Company is having many advantages and prospects when it has just ”fallen into the eye” of Alamat Capital Fund from Singapore.’ According to information from Alamat Capital, in the coming time, this Fund will invest in the Vietnamese Proptech market. Revealing a huge investment …