Singapore takes two-thirds of ASEAN-6 venture value

On the Enterprise Singapore 2024 Landscape (PitchBook), Singapore took 67% of ASEAN-6 deal value and 58.8% of deals: US$4,800 million and 464 deals out of US$7,200 million and 789. The Philippines is the dual-story case: 18% of value from 5.0% of deals (US$1,296 million, 39 deals). A separate FY2025 series (do not average with Landscape) shows ASEAN-6 down from US$16,500 million / 1,754 deals in 2022 to US$6,300 million / 717 in 2025; PH value share 2.0%. BRN/KHM/LAO/MMR/TLS have no country VC cells.