The InvestHK initiative seeks to increase Hong Kong-registered fintech firms’ presence in Philippines , as only 1.9% currently operate there — the lowest among ASEAN peers. Speaking at Hong Kong FinTech Week 2025, officials said stronger promotion and confidence-building are needed for Manila amid low FDI levels from Hong Kong. Singapore hosts 37% of regional fintechs, followed by Malaysia (20.4%), Thailand (11.1%), Indonesia (7.4%) and Vietnam (6.5%). InvestHK praised the Ph