1、31PHILIPPINEVENTURECAPITALREPORT 2023TABLE OF CONTENTSTABLE OF CONTENTSTHE PHILIPPINE INVESTMENT LANDSCAPEPHILIPPINE 2022 DEAL ACTIVITYEMERGING TRENDS AND THEMESDEVELOPMENTS IN THE PHILIPPINESTHE PHILIPPINE STARTUP ECOSYSTEM THROUGH THE EYES OF FOXMONTTHE PROGRESSION OF IMPACT INVESTINGTHE GROWING D
2、EPTH AND BREADTH OF PHILIPPINE FOUNDERS 16918222426HIGH RATES OF DIGITAL PENETRATION DESPITE A RAPIDLY INCREASING POPULATIONMEDIAN AGE PhilippinesGlobalMalaysiaIndonesiaVietnamThailandSingaporeChinaHong Kong253030293239424538Source:World Economics The Philippine population has consistently ranked th
3、e lowest in median age across the region.The government continues its efforts to promote sustainable population growth through various policies such as the Responsible Parenthood and Reproductive Health Act of 2012,and the Philippine Population Management Program.The government also continues to cra
4、ft economic policies such as the Philippine Development Plan to improve poverty and unemployment rates.Between 1985 and 2018,poverty rates declined by two-thirds.106.7in millions108109.6111113+1.02%On average,the PH population increases by over 1M per year20202018201920212022PHILIPPINES POPULATIONSo
5、urce:Worldometer NUMBER OF INTERNET USERS AND INTERNET PENETRATION RATESFilipinos use social media to source purchases more than most neighboring countries.Internet penetration rates have increased by 5%in the last 3 years alone.The Philippines has a 12%higher internet penetration rate than the glob
6、al average.INTERNET USERSINTERNET USERSGLOBALGLOBALINTERNET USERSINTERNET USERS80.7 M85.1 M77.4 M20202021202270%72%75%63%Facebook remains to be the most popular social media app in the Philippines since its debut in 2004.MOST USED SOCIAL MEDIA APPSIN THE PHILIPPINES96.294.475.767.959.2%FacebookFaceb