"One cause of this problem is an outdated curriculum that doesn’t correspond to the needs of the industry. The academic sector has not been agile enough to meet

"One cause of this problem is an outdated curriculum that doesn’t correspond to the needs of the industry. The academic sector has not been agile enough to meet the human resource needs of tech startups" ...or the top developers were already pirated by big corporations in Singapore and other countries. For example, there's a shortage of senior .Net developers in the Philippines because most of them are working abroad.