Read this in The Manila Times digital edition.
THE Philippine startup ecosystem has improved substantially in recent years but more can be done to foster innovation and grow the sector, a new Asian Development Bank (ADB) report said.
Released on Friday, the ADB's "The Philippines' Ecosystem for Technology Startups" report noted that the country currently had about 700 startups — defined as "a young company that innovates technologies or applies existing technologies in innovative ways to provide a new product or service" — from just 100 in 2015.
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