Jakarta, July 1 -- The government has no plans to issue a regulation encouraging a rise in ride-hailing fares following a policy capping companies' commission fees at 8 percent, Transportation Minister Dudy Purwagandhi has stated.

Speaking in Jakarta on Tuesday (June 30), he noted that increasing fares is unnecessary because the new policy also requires ride-hailing companies to fully cover drivers' insurance, a cost that is typically factored into fare calculations.

Purwagandhi added that a fare hike could instead prove counterproductive for both companies and drivers, as it would make services seem more costly and less attractive for consumers.

Bearing that in mind, he said the government had decided to endorse the current fare level...