Indonesian economy suffers heavy losses from riots
Retailers have suffered an estimated Rp 500 billion (US$33 million) in lost sales over five days of unrest, while small businesses saw revenue plunge by up to 90 percent as demonstrations disrupted operations and supply chains.
<Indonesian economy suffers heavy losses from riots - Economy - The Jakarta Post>
Recent startup boom across Southeast Asia
With the exception of Singapore, capital markets and legal and institutional systems for startups in the region aren't well devised and developed as well.
However, venture capitals, symbols of adventurous money would remain indifferent unless they feel confident of more gains than losses by stepping into the digital frenzy in Southeast Asia. In this sense, a rosy outlook on the startup fad in Southeast Asia is likely to be maintained for the time being.
