Southeast Asian Tech Hubs Race to Become the Next Silicon Valley (Nikkei Asian Review)
When people think about tech hubs in Asia, the cities most likely to come to mind are likely Shenzhen in China or Bangalore in India. Both are long-recognized as centers of innovation. But investors are now asking themselves, where is the next Shenzhen or Bangalore?
The answer may be in Southeast Asia, where startup scenes are starting to flourish as investment, government policy and entrepreneurial energy converge. In this issue of the Nikkei Asian Review, they look at five of the hottest tech hubs in the region — Singapore, Jakarta, Bangkok, Penang and Ho Chi Minh City — and how each is racing to become an innovation powerhouse. Their reporters met entrepreneurs, venture capitalists and government officials to produce an in-depth look at each city.
They also provide a breakdown of the criteria we used to select these five cities, ranging from number of startups to the cost of office rent and availability of funding. READ MORE
- Small But Mighty: Seizing Untapped Opportunities in Southeast Asia (Nielsen)
- Southeast Asia Bucks Trend of Sinking Global Foreign Investment (Nikkei Asian Review)
- The Spoils of Trade War: Asia’s Winners and Losers in US-China Clash (SCMP)
- Bloomberg’s Misery Index’s Least Miserable Emerging Markets
- Asia at a Crossroads: Demographics, Economics & Investment (State Street)
- Vietnam: In a Sweet Spot (AFC Asia Frontier Fund)
- Southeast Asia Set to Gain From Trade War Business Relocations (Nikkei Asian Review)
- Minimum Wage Politicking Stings Employers in Southeast Asia (Nikkei Asian Review)
- Are There Greater Opportunities In Asia’s Frontier Markets Than in China? (FT)
- 2017 Global Retail Development Index (ATKearney)