Yuanta Indonesia Morning Journal - 02 July 2025

INDUSTRY
• Ministry of Finance to downgrade its budget targets
• XPeng Begins First Overseas EV Production in Indonesia
• Potential ride-hailing fare hike sparks criticism

CORPORATE
• FILM to issue rights
• BMRI disburses IDR20tn of KUR in 5M25
• MAPB Targets 40 New Starbucks Despite Boycott Challenges
• ACES Opens 252nd Store in South Sumatra to Boost Regional Reach
• NCKL to extend ownership in ONC to 40%
• BNGA offers to buyback shares