Manila

The Philippines has the second largest population in Southeast Asia. It’s capital city Manila - reputed to the world’s densest city – is known to be the home of creative and innovative minds. In recent years, the government has taken initiative to improve the state of the startup economy and to encourage entrepreneurial success.

STARTUP ECOSYSTEM

Manila’s ecosystem growth comes from support from the government through the Youth Entrepreneurship Act, which promotes finance and startup skills. Collective efforts to help change the state of the ecosystem means we can expect Manila’s startup community to grow rapidly in size.

TOP INDUSTRY VERTICALS

Digital currencies
E-Commerce
FinTech
Transport and Logistics

ESTIMATED LIVING COSTS

SGD $460

Accommodation

Monthly rent for Studio apartment

SGD $15

Meal

Basic combo meal in a casual restaurant

SGD $4

Utilities

For one person in studio apartment

SGD $18

Internet

Internet package for one month

SGD $42

Transport

Avg. of public transport ticket per month

SGD $1000

Development Cost

Personal development cost per student

SOME OF OUR INTERNSHIP COMPANIES

Coins.ph

https://coins.ph

Coins is a Southeast Asian fintech company that enables anyone, including those without a bank account, to easily access financial services directly from their phone. Founded in 2014 in the Philippines and serving over 5 million customers, Coins.ph is one of the first blockchain-backed platforms to reach significant mainstream consumer adoption. The company’s mobile app provides consumers with direct access to banking and digital payment services, including local and international remittances, mobile air-time, bill payments, game credits, and online shopping.