Philippines, Malaysia emerge as startup hot spots, says investor

500 Global doubles down on regional tech investment as valuations cool

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The Philippines and Malaysia's startup ecosystems are emerging as lesser-known hot spots in Southeast Asia for investors seeking solid returns from young tech companies. (Source photos by Akira Kodaka and AP)

TSUBASA SURUGA, Nikkei staff writer

SINGAPORE -- The Philippines and Malaysia's startup ecosystems are emerging as lesser-known hot spots in Southeast Asia for investors seeking solid returns from young tech companies, according to a senior executive with a leading venture capital firm in the region.

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