Stories from Jakarta · Indonesia

Indonesia's financial services sector grew by 7.92 percent, marking its highest growth rate since 2021. The expansion contributed significantly to the national economy, supported by loan disbursements from entities like Kredit Pintar totaling Rp 9.5 trillion.

Indonesian President Prabowo Subianto signed a presidential regulation reducing the maximum commission rate ride-hailing firms can take from drivers to 8% from a previous 20%. The new rule requires companies to provide accident and health insurance as part of driver benefits. This regulation affects major firms including tech company GoTo and its competitor Grab. The change aims to address driver compensation concerns, according to the report. Indonesian President Prado Subhiyanto signed a presidential regulation capping ride-hailing commissions at 8 percent. Subianto stated it is not right for platforms to make the money while drivers do the hard work. The timeline for implementation of these changes remains unclear. President Prabowo Subianto aims to reduce commission rates for online application workers from 40 percent to 10 percent.

Police in the Kebon Jeruk district of Jakarta conducted an enforcement operation to clear sidewalks of illegal parking and street vendors. The action followed community reports regarding the misuse of pedestrian walkways.

President Subianto has said his commitment to fighting for the interests of the common people.

President Prabowo announced plans to develop industrial zones featuring worker cities with schools, hospitals, daycare, and transportation.

Thailand and Indonesia have agreed to renew their partnership focused on the creative economy sector.

Indonesia's central bank announced on April 30 that the Indonesian QRIS payment system will achieve interconnectivity with China's QR code payment system. Indonesia's payment system association chairman, Santo Solim, noted the positive development. This initiative is expected to benefit Thai and Indonesian workers and travelers between the two countries. Thailand is considered a strong economic and digital partner for Indonesia. Indonesia's payment systems are making positive progress in cross-border transactions with Thailand, according to Santo Solim, chairman of the Indonesian Payment Systems Association. The implementation is seen as a step for cross-border financial transactions. Staff working in both Thailand and Indonesia will benefit from this cross-border payment implementation. Both countries have strong economies and tourism exchange.

Approximately 5,000 tons of imported rice have arrived at the Tanjung Priok port in North Jakarta. The Indonesian National Police will be involved in the process, according to the report. The arrival is intended to assist with local supply needs. The shipment is part of a larger logistics operation involving 102,000 Polri personnel. The arrival follows recent discussions regarding government fiscal policies and construction quality.

President Prabowo Subianto joined approximately 200,000 workers at a May Day event in Jakarta. Thousands of additional workers are expected to rally across 38 provinces nationwide. The protesters are calling for new labor laws and stronger protections for workers. President Prabowo Subianto pledged to build daycare centers for workers' children and accelerate the construction of at least one million homes. He made these remarks during May Day celebrations at the National Monument in Jakarta. Indonesian lawmakers also met with labor groups who were protesting outside parliament earlier today. The President stated the plans reflect the needs of the current workforce. President Prabowo Subianto attended a Labor Day commemoration in Indonesia. Subianto reaffirmed his commitment to fighting for the interests of the common people, according to reporter Penta Maidita.

Police confirmed that a fire at the Mediterrania Apartment Tower C in the Tanjung Duren area of West Jakarta did not burn any residential units. The incident occurred on Thursday in the Gerogell Petamburan area.