Indonesia, Philippines-focused impact fund Meloy Fund I makes final close at US$22M

Dutch development bank FMO has invested US$5M in Meloy Fund I, which is dedicated to supporting sustainable coastal fisheries 

We need to tap more into culture in determining our product strategy

What kind of product is less reliant on country-by-country-style scaling and more dependent on cultural lines that transcend national borders? 

Local vs. international: Here is a look at the Philippine e-commerce scene's popular players

It comes as a surprise that only a few international players have taken over the country's e-commerce marketplace traffic activity 

Philippines increasingly likely to legalise cryptocurrency exchanges

The Philippines SEC is also expected to release a set of rules for launching an ICO in the country 

Meet the Southeast Asian startups at the MIT Inclusive Innovation Challenge final round

India and Bangladesh will represent Asia at the MIT Inclusive Innovation Challenge, but Southeast Asia has a significant presence in the competition 

Filipino foodtech company BigDish acquires restaurant and travel discovery platform Looloo

Through its online reservation platform, BigDish offer its users up to 50 per cent discounts at restaurants in Manila, Hong Kong and Jakarta 

[Updated] Indonesian photography startup SweetEscape bags US$1M to support Philippine expansion

SweetEscape is an on-demand photographer service for customers who want professional photos taken of their holidays 

Carousell now has official meet-up spots in the Philippines for users to conduct deals

It will offer 350 meet-up spots as part of a tie-up with Philippine-based logistics company Xend 

This Philippine-based startup is going head-to-head with Eatigo; raises US$2.3M via IPO

Yield management for restaurants is still a nascent space, and BigDish believes it can get a slice of the pie 

Philippines government is planning to build a US$100M crypto hub in the country

It is developing the hub, called Crypto Valley of Asia (CVA), along with private developer Northern Star Gaming & Resorts Inc.