Ride-hailing
Grab to retool in Indonesia after abrupt cut in ride-hailing commissions
Indonesia is South-east Asia’s biggest ride-hailing market, with millions of drivers relying on app-based transport and delivery services
Grab’s Q1 2026 earnings surge more than 4 times to US$136 million
Revenue for the quarter is higher at US$955 million, from US$773 million a year prior
Indonesia’s fee cap threatens ride-hailing profits, clouds outlook for Grab, GoTo
Analysts say the policy could dampen investor sentiment – just as ride-hailing firms are beginning to turn a profit
Indonesia to cut ride-hailing companies’ maximum commission taken from drivers to 8%
[JAKARTA] Indonesia will cut the caps on the commissions that ride-hailing companies take from drivers for each trip to 8 per cent from 20 per cent, President Prabowo Subianto said on Friday in Jakart...
Singapore rolls out S$1 billion support package as energy costs rise, expands corporate tax rebates and payouts
Government will not cut fuel duties, describing such measures as too blunt and potentially regressive
Grab’s new acquisition in Taiwan could further delay a deal for Indonesia’s GoTo
All attention is likely on issues related to the recent purchase plans
Grab, Strides raise fares, unveil driver support measures amid rising fuel costs
Grab’s fuel surcharge will be adjusted to S$0.90 per trip, while Strides’ street-hail fares will rise S$0.01 per distance and time-based unit
Mobility, delivery firms take different tacks in helping riders, drivers tackle fuel spikes in South-east Asia
Petrol prices have spiked since the start of the Iran conflict
How involution turned China’s ride-hailing drivers into part-time mahjong pros
Chinese-style involution is no longer just a domestic issue, it has become a structural risk in the era of globalisations
Indonesia rolls out larger Eid stimulus to lift consumption, targets civil servants and gig workers
The 55 trillion rupiah package marks a 10% increase from 2025
