On March 18, 2025, Indonesia's tech scene faced challenges as the stock exchange index dropped significantly and the rupiah fell to its lowest since the 1998 crisis. - 📉 The Indonesia Stock Exchange (IDX)'s sharp decline and a weak rupiah indicate economic instability, affecting investor confidence and tech startups. - 📊 Some experts regard challenges as temporary, while institutional investor absence could spell long-term impact for tech firms on IDX. - 💱 Investors face currency pressures, but structural strengths remain, making it a favorable time for serious investments and business building. Putra Muskita spoke with independent economist Gundy Cahyadi; Intudo's founding partner Eddy Chan; AC Ventures' founder and managing partner Adrian Li; and Vertex Ventures SE Asia & India's partner Gary Khoeng for this story. Want full insights? Subscribe to Tech in Asia to read the entire article.
