The World Start-up Report, led by Ron Hose, a Silicon Valley Entrepreneur and Investor, shared an interesting quick report on the Philippines.
Conclusion:
The Philippine Startup ecosystem is still in its infancy - funding is scarce, experienced talent is hard to find, payment, delivery and internet infrastructure is poor.
But for all those challenges, opportunities are abound - the local market is big and competition is still very low.
Widely spoken English and a super-friendly culture makes the Philippines a great first base for startups aspiring to tackle Southeast Asia.
-Ron Hose, August 2013
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