Indonesian Political, Business & Finance News

Yesterday: Prabowo's Labour Policies to Ride-Hailing App Shares

| Source: ANTARA_ID Translated from Indonesian | Social Policy
Yesterday: Prabowo's Labour Policies to Ride-Hailing App Shares
Image: ANTARA_ID

Jakarta (ANTARA) - Several strategic policies coloured the political channel on Friday (1/5), ranging from the government’s move through Danantara entering the shares of ride-hailing app operators to press down commission cuts to various labour policies announced by President Prabowo Subianto during the International Labour Day commemoration at Monas. Among them, the ratification of international conventions for worker protection, cuts to ride-hailing cuts, and the establishment of a task force for layoff mitigation. This series of policies reflects a new direction in worker protection that has caught readers’ attention and is worth exploring further. Deputy Speaker of the Indonesian House of Representatives Sufmi Dasco Ahmad stated that the Investment Management Agency Daya Anagata Nusantara (BPI Danantara) has purchased a portion of shares in a ride-hailing app company as an effort to lower commission cuts for drivers from around 10-20 per cent to approximately eight per cent, while gradually adjusting the company’s system and policies. President Prabowo Subianto announced a series of the latest labour policies during the International Labour Day commemoration at Monas in Jakarta, including the signing of Presidential Regulation Number 25 of 2026 on the ratification of ILO Convention 188, which regulates the protection and welfare of fishery vessel crew. President Prabowo Subianto attended the International Labour Day celebration centred at the National Monument area in Jakarta on Friday morning, arriving around 08:35 WIB wearing a brown safari outfit and escorted by a security convoy. President Prabowo Subianto enacted Presidential Regulation Number 27 of 2026, which slashes the income deduction for online motorcycle taxi drivers by app companies to eight per cent, in line with his statement that the cut must be below 10 per cent. President Prabowo Subianto announced the establishment of the Layoff Mitigation and Labour Welfare Task Force through Presidential Decree Number 10 of 2026 as a government step to strengthen worker protection.

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