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Deputy parliament speaker Cucun Ahmad Syamsurijal said the reduced commissions were proof that Prabowo’s administration “is genuinely committed to standing by all ride-hailing drivers.”

Transport & Logistics

GoTo, Grab to cut driver commissions to 8% in Indonesia

The companies will begin applying the 8% commission rate on July 1

Senior Minister of State for Trade and Industry Low Yen Ling (in pink jacket) and Grab Singapore's managing director Alejandro Osorio (to the immediate right of the sign) at the launch of the “Grab Full House Mission” on Tuesday (Jun 9).

Grab, EnterpriseSG launch scheme to help small F&B businesses grow customer demand and capabilities

The programme aims to raise these merchants’ visibility through promotional deals and business guidance

Grab chief technology officer Suthen Thomas argues that artificial intelligence makes writing code cheap while making checking code rare.

Companies & Markets

How Grab is rebuilding its engineering culture around AI speed

This change forces leaders to rebuild management, hiring and physical operations in South-east Asia before speed causes problems

Grab's co-founder and CEO Anthony Tan is BT's Singapore Business Awards' Businessman of the Year for 2026.

Singapore Business Awards

Grab hitches a ride on the AI wave as CEO Anthony Tan steers company into next phase of growth

The South-east Asian superapp has long invested in technology, believing it to be essential for growth

Winners at the 41st SBA (from left) Old Chang Kee CEO William Lim; Trip.com CEO Jane Sun; Grab group CEO Anthony Tan; Sats CEO Kerry Mok; and Mlion CEO Eric Leong.

Singapore Business Awards

SINGAPORE BUSINESS AWARDS 2026

Grab group CEO Anthony Tan takes top prize at 41st Singapore Business Awards

Other winners at the annual event include Sats’ Kerry Mok and Trip.com’s Jane Sun

Superbank serves more than six million customers across Indonesia, with over a million transactions daily.

Grab folds Indonesia’s Superbank into financial services segment; Singtel transfers stake to GXS Bank

The Indonesian digital lender has a market capitalisation of US$1.6 billion

Grab says its focus on affordability will prop up demand despite uncertainties.

Companies & Markets

Grab, Sea lean on affordability, subscriptions to defend growth amid macroeconomic headwinds

Even as consumer spending comes under pressure, both companies have maintained their 2026 guidance

While Grab has captured a significant chunk of South-east Asian consumers’ everyday lives, that involvement is unlikely to be appreciated by its US investors.

HOCK LOCK SIEW

Grab should consider a Singapore dual listing on SGX

Beyond an uplift to investor recognition, the company could also benefit from EQDP funds

Grab chief technology officer Suthen Thomas says: “We maintain a strict boundary between casual prototyping and actual production to ensure our engineering standards remain uncompromising."

Startups & Tech

Grab seeks AI edge in product development using agentic engineering, vibe coding

Company aims to become a ‘cyborganisation’, where humans and artificial intelligence agents work together

The recent directive from Indonesia’s President Prabowo to cap ride-hailing commissions for 2W services at 8%, down from 20%, is a point of contention for brokers.

Companies & Markets

BROKERS’ TAKE

‘Clear leader’ in S-E Asia: Analysts bullish on Grab despite regulatory headwinds

Brokerages present a mixed outlook on target prices

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