Foxmont and BCG report: Philippine startups raised a record $1.12B in 2024, up 16.7% YoY, with foreign investment rising to 52.5%, but regulatory hurdles remain (Ramon Royandoyan/Nikkei Asia)

Ramon Royandoyan / Nikkei Asia:
Foxmont and BCG report: Philippine startups raised a record $1.12B in 2024, up 16.7% YoY, with foreign investment rising to 52.5%, but regulatory hurdles remain  —  MANILA — It was during the pandemic, when much economic activity had shut down, that Ibba Bernardo realized …

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