
SEA Weekly Episode 11: The Corridor and the Cap
Indonesia's 8% ride-hailing commission cap, one week on, has produced a governance picture most coverage missed: Danantara's shareholding in Gojek is confirmed, golden-share language remains active in Grab-GoTo merger talks, and an entity controlling roughly 90% of Indonesia's ride-hailing market is being structured with state veto rights. The same week, Indonesia and the Philippines signed a nickel corridor MoU covering 73.6% of global production — applying the Pertamina model to critical minerals. The 48th ASEAN Summit in Cebu produced three policy instruments (DEFA trade architecture…
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