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Philippine, Vietnam investors say ‘shake ‘em off’ to taxes and tariffs in 2025

    • Long dubbed as the region’s “next Indonesia”, the Philippines and Vietnam may finally get the investor attention long enjoyed by their more popular neighbour in 2025.
    • Long dubbed as the region’s “next Indonesia”, the Philippines and Vietnam may finally get the investor attention long enjoyed by their more popular neighbour in 2025. PHOTO: TECH IN ASIA
    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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