Yuanta Indonesia Morning Journal - 02 Dec 2024
INDUSTRY
• Government to increase minimum wage by 6.5%
• Government to explore a new tax collection body
• Banks' syndicated loans fall YoY
• Faster growth in top tier deposits
• Central Bank expects 11-13% YoY loan growth in 2025
• Free Lunch Program cuts portion budget to IDR 10,000 per Day
CORPORATE
• JSMR to target toll revenue growth of 6-8%
• ADRO to provide some clarity on PUPS
• MBMA to raise fund via private placement
• VICI concentrates on product innovation
