Ride-hailing

Indonesia is South-east Asia’s biggest ride-hailing market, with millions of drivers relying on app-based transport and delivery services

Revenue for the quarter is higher at US$955 million, from US$773 million a year prior

Analysts say the policy could dampen investor sentiment – just as ride-hailing firms are beginning to turn a profit

[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...

Government will not cut fuel duties, describing such measures as too blunt and potentially regressive

All attention is likely on issues related to the recent purchase plans

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

Petrol prices have spiked since the start of the Iran conflict

Chinese-style involution is no longer just a domestic issue, it has become a structural risk in the era of globalisations