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
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