About Manila

**Manila** represents the vibrant heart of the Philippines’ burgeoning technology and startup ecosystem, positioned as a key player in Southeast Asia’s digital economy. While "Manila" primarily refers to the capital city, in the context of business and technology, it encompasses a dynamic ecosystem of startups, government agencies, and tech enterprises driving innovation and economic growth. Over the past decade, Manila has seen remarkable growth in its tech sector, buoyed by a skilled workforce and supportive government policies. The Philippines’ Global Innovation Index ranking surged from 100th in 2014 to 53rd in 2024, reflecting Manila’s pivotal role in this progress[1]. The city hosts approximately 1,200 startups, supported by 65 incubators and accelerators, 55 venture capitalists, and over 200 coworking spaces. Between 2020 and 2024, Manila’s ecosystem attracted $2.4 billion in venture capital funding and generated $258 million in exit value, demonstrating resilience even during global VC downturns[1]. The government’s Innovative Startup Act and the establishment of agencies like the Department of Information and Communications Technology (DICT) have been instrumental in creating a robust environment for Filipino entrepreneurs. Key targets include doubling the number of startups, raising $10 billion in investments, and nurturing Filipino startups to unicorn status by 2030[1]. Manila’s tech scene is particularly strong in **artificial intelligence (AI)**, **cybersecurity**, and **fintech**, sectors expected to grow significantly in the coming years. The city’s expanding infrastructure—such as new data centers—and investments in internet connectivity, including rural areas, further enhance its appeal for tech talent and businesses[2]. The Manila Tech Summit 2025, a major fintech and governance event, underscores the ecosystem’s ambition to shape the future of digital finance and Web3 innovations in the country[5]. Notable aspects of Manila’s tech ecosystem include strong regulatory support, a rapidly growing digital economy

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Politics

Chaos Erupts in Philippine Protests

22 Sep 2025 34 views

#protests #corruption #police

Dozens were arrested and injured as clashes broke out between police and protesters in response to a corruption scandal.