Jakarta, May 1 -- The government, through Indonesia's sovereign wealth fund Danantara, has acquired shares in certain ride-hailing companies with the aim of limiting their commission fees to 8 percent of drivers' per-trip earnings, a lawmaker has revealed.

House of Representatives (DPR) Deputy Speaker Sufmi Dasco Ahmad explained that the government intends the move to push online taxi platforms to gradually adjust their commissioning policies, eventually better serving drivers' interests.

"The primary objective is to lower the fees levied by application operators, from the current rates ranging between 20 and 10 percent to only 8 percent," he remarked when receiving a workers alliance at the parliamentary complex in Jakarta on Friday. ...