Our tech news coverage of The Philippines was admittedly light in June 2023, consisting of items covering Filipino digital identity news, a Google-owned subsea cable operation’s moves into the country, and the Filipino contingent selected for Accelerating Asia’s latest cohort.
Hit the links below to read about each Filipino tech news item in full.
Plus: Daily updates & weekly newsletters >
BCG, Foxmont VC: Philippines Venture Capital Report 2023
“Introduced in 2018, the Philippine Identification System Act (PhilSys) aims to provide a single digital ID system for transactions and access to social services.”
“May data from PhilSys shows that the country has completed 78.5 million registrations with demographic and biometric data, around 85 percent of the 92-million target.”
“A combined total of 61.54 million physical and digital ID cards, known as ePhilIDs, has been delivered so far.”
“Google’s TPU subsea cable system, designed to connect the United States with Taiwan, the Philippines, and Guam, could play a pivotal role amidst rising geopolitical tensions between the U.S. and China.”
“Each landing point, strategically placed within a region of escalating conflict, stands to ensure continuous connectivity and coordination, potentially securing American interests in the face of potential Chinese aggression over Taiwan.”
“On Demand Deals (Philippines): Empowers entrepreneurs to earn extra income from empty spaces by franchising ODD Stores, omnichannel convenience stores that can deliver in minutes.”
“Accelerating Asia launched Fund II in 2021, Cohort 8 is the fourth batch of investments for Fund II which will deploy capital across Southeast and South Asia pre-Series A startups.”
CSIS: Mapping semiconductor supply chains – Indo-Pacific’s importance
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