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Will Marcos make a mark on Philippine startups?

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Sun, May 22, 2022 11:31 PM

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More: WhatsApp’s new update for social commerce and Grab’s latest quarterly results. Daily

More: WhatsApp’s new update for social commerce and Grab’s latest quarterly results. [Read from your browser]( Daily Newsletter Hello {NAME} I just discovered that Imelda Marcos’s sandals lived better than I did. As I was reacquainting myself with the Philippines’ political history - with the opulence that she and her dictator husband, Ferdinand, indulged in until being expelled from the country in 1986 - I discovered that her hundreds of shoes took up [1,500 square feet]( of closet space. (This is larger than the apartment I called home until last December.) The duo swindled an estimated US$5 billion to US$10 billion from the country. Now their son, Ferdinand Marcos Jr., aka Bongbong, is set to become the Philippines’ next president. He scored a landslide victory in the national elections held on May 9. The newest patriarch of the Marcos dynasty is now tasked with improving investor perception while grappling with issues surrounding the country’s long-standing corruption and plodding internet connection. In today’s hot story, my colleague Jenina chalks out what Marcos’ win means for the Philippine startup community. Also, do fill out this CDP x Tech in Asia [questionnaire survey]( and be part of our campaign to help the startup ecosystem go green. -- Deepti --------------------------------------------------------------- THE BIG STORY [New Marcos admin has work cut out to support Filipino startups]( Investors want clear plans for the economy as the late dictator's son prepares to take the Philippines' highest post. --------------------------------------------------------------- IN PARTNERSHIP WITH Take your Python skills to the next level For many software developer teams, Python is the coding language of choice because of its versatility and wide range of uses in areas such as data science and web development. It’s also relatively easier to pick up than other languages like C++. While it’s considered simpler to learn, Python still has many advanced capabilities that those new to the language can pick up as well. 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Check out our speaker lineup and reserve your [free ticket here]( before it runs out. --------------------------------------------------------------- TRENDING NEWS [Zilingo CEO slams decision to fire her]( Bose said Zilingo had appointed Kroll to probe into her harassment claims, but she wasn’t given sufficient time to produce the required documents. [TikTok tests in-app gaming feature in Vietnam]( This feature is expected to launch in Southeast Asia by Q3 this year, reported Reuters. [Exclusive: NFT-backed crypto loan startup raises $1.5m in seed round]( Pine enables users to put their assets, represented on-chain via NFTs, as collateral to borrow cryptocurrencies from lenders in real time. [Ex-Careem, Dawaai execs’ e-pharmacy firm bags $11.5m]( Pakistan-based MedznMore said the round marks the largest investment in the country’s healthtech sector. [Indian used-car marketplace lets go of 600 workers]( The company said the exits were linked to performance and should not be labeled layoffs, Mint reported. [Zilliqa launches advisor network for potential Web3 investments]( Called the Web3 Alliance, the program will help Zilliqa spot ideas and opportunities across various channels. --------------------------------------------------------------- WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Center Manager]( at Center Manager Jakarta, Indonesia - [Database Administrator (Information Technology)]( at Database Administrator (Information Technology) Sidoarjo, Indonesia - [Business Analyst - Jr to Mid - Hybrid]( at Business Analyst - Jr to Mid - Hybrid Jakarta, Indonesia - [HR Business Analyst]( at HR Business Analyst Indonesia Bulk Terminal, Indonesia - [Senior SEO Consultant]( at Senior SEO Consultant Kuala Lumpur, Malaysia - [Senior Marketing Manager]( at GoWork Jakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. 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