The World Bank Group (WBG) has specified at least “six challenges” or investment risks to investors participating in the targeted 40,000-megawatt offshore wind farm capacity in the Philippines. The hurdles include energy costs; transmission or wheeling of generated electricity; environmental and so
BusinessWorld
August 5, 2021 | 12:00 am
The Global Startup Ecosystem Index by research center StartupBlink assesses the startup ecosystems of 1000 cities and 100 countries based on the quantity and quality of startups and other supporting organizations, as well as the prevailing business environment . In the report, StartupBlink said the index is used annually by startups and other stakeholders to “support critical decisions about strategy, relocation, and investment.” Moreover, StartupBlink is using the index and related datasets in their analyses and policy advising projects related to the development of startup ecosystems for governments and international organizations. Results of the 2021 index show the Philippines ranking 52nd out of 100 countries, up one spot from the previous year. The report noted the Philippines is making strides toward becoming a “formidable startup ecosystem” in the Asia-Pacific region, and that it has a promising future in ter