Saturday, December 1, 2018

Right Time for Korean Startups to Ride on Digital Fever in Southeast Asia(6)

Right Time for Korean Startups to Ride on Digital Fever in Southeast Asia

There are yet pending issues to tackle in startup fever in Southeast Asia. Poor IT infrastructures in non-urban areas, shortage of high-skilled workforces and widespread financial illiteracy have chronically taken roots in most parts of Southeast Asia. 


With the exception of Singapore, capital markets and legal and institutional systems for startups in the region aren’t well devised and developed as well. However, venture capitals, symbols of adventurous money would remain indifferent unless they feel confident of more gains than losses by stepping into the digital frenzy in Southeast Asia.


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