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Philippine, Vietnam investors say ‘shake ‘em off’ to taxes and tariffs in 2025
Published Fri, Dec 27, 2024 · 09:36 AM
SOUTH-EAST Asia’s startup scene is bound for a shake-up.
Last week, the bombshell news that eFishery – the Jakarta-based unicorn and startup darling – is undergoing an investigation due to alleged financial irregularities has the industry wondering what is next for the region’s largest market.
The news came as Indonesian consumer startup brands adapt to a new economic reality at home: a dwindling middle class that is squeezing their margins.
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