Manila, June 2 -- This city has emerged as the Philippines' 3rd Best Startup Ecosystem and the leading hub in the region, as ranked by StartupBlink's 2025 Global Startup Ecosystem Report.

Startups are defined as businesses that leverage innovative, technology-enabled solutions with significant potential for expansion or scalability.

In a statement on Monday, Christian Cambaya, head of the Davao City Investment Promotion Center's (DCIPC) investor assistance servicing unit, highlighted the city's significant advancement from fourth to third place nationally.

Davao City is the only city in the country to have improved its national ranking.

The city logged a remarkable over 97 percent national ecosystem growth rate, the highest in the Phi...