Yuanta Indonesia Morning Journal - 11 March 2025

INDUSTRY
• The government plans to revise royalty rates
• 4W sales hiked by 2.2% YoY in 2M25
• The government provides clarity on holiday bonuses for online drivers
• State banks to participate in government’s village cooperative program

CORPORATE
• CMRY sees moderate target of 10-15% in FY2025
• KLBF to introduce milk drink for free lunch program
• DSSA to develop data center