Indonesian Ride-Hailing Industry Set for Shake-Up Under Draft Presidential Decree

TRANSPORTATION BUSINESS - JAKARTA. Millions of Indonesian ride-hailing drivers would receive major increases to financial and social benefits under a draft decree being considered by President Prabowo Subianto, two sources said, threatening profitability of ride-sharing platforms in their largest market in Southeast Asia.

Prabowo is under pressure to respond to drivers' demands for better pay and conditions, particularly after their involvement in widespread student-led protests in August demonstrated the political clout of the sector's workforce.