Taxi & Bus Transportation Operators in Indonesia Under Pressure
Taxi and bus operators in Indonesia are having a tough time. Due to rising competition in the nation's land transportation services sector, corporate earnings of the traditional players are on the decline, while new players are seeing improving earnings. Indonesia's traditional transportation services operators (particularly taxi and bus operators) are plagued by the presence of app-based transportation services (such as Grab, Uber and Gojek) as well as new railways and airports that are being developed as part of the government's grand infrastructure development ambition.