Myanmar unrest a risk to capital flow from Singapore to young startups there

Singapore

THE military coup in Myanmar has fanned fears that the country's nascent startup ecosystem could see its recent progress undone, industry players told The Business Times (BT). They added that South-east Asian venture investors, many of whom are based in Singapore, may take a pause in investing in the country's budding startups.

Singapore and other foreign tech firms operating there are also taking a cautious approach, as restrictions on Internet and social media access threaten the entire digital economy.