Minister invites ride-hailing apps to discuss change of status
The Jakarta Post
Transportation Minister Budi Karya Sumadi said on Monday he would summon representatives of ride-hailing apps Grab and GO-Jek after the two companies ignored the deadline set by the ministry for them to change their company status to transportation operators.
"There are technical difficulties related to regulations such as percentage of [foreign ownership of the companies]. So, I’ve still given them time and we will discuss it," he said at the State Palace in Jakarta.
Under Government Regulation (PP) No 44/2016 on the negative investment list (DNI), foreign ownership of non-route transportation companies is limited to only 49 percent, while most of the ride-hailing apps are financed by foreign investors.
Budi said he would discuss the issue with the two companies this week.
Initially, the ministry set April 13 as the deadline for Go-Jek and Grab to change their company status to transportation operators, but the companies ignored the deadline.
“It would be better to ask the minister [about the deadline],” Grab Indonesia spokeswoman Dewi Nuraini said last week. (bbn)
- North Sumatra's regent nabbed in antigraft operation
- 'Waria' told to leave their home in Jakarta amid anti-LGBT campaign
- 22 migrants missing off Morocco after boat capsizes
- Indonesia's latest economic stimulus package: What you need to know
- 'Moral panic' targets Indonesia's LGBT community
- Boeing ‘confident’ in 737 MAX safety despite aircraft flaw
- Christian school rumor leads to closure of vocational academy in Batam
- Trump says doesn't want to hear 'suffering' Khashoggi tape
- Republican urges conservatives to run against Trump in 2020
- Govt looks to private employees to fill public jobs after 90 percent of applican...