Thursday, December 13, 2018

Startup boom in Southeast Asia and its implication for India to improve indispensable public services(5)

Startup boom in Southeast Asia and its implication for India to improve indispensable public services

This could explain why global investment experts have been paying close attention to this area where youngsters covering around half of the overall population are jumping on the brand new era of digital economy. 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. 


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