INDUSTRY
• Government to target coal production at 710mn tonne
• Hike in alcohol excise tariff prompt companies to consider higher ASP
• Government targets KUR disbursement of IDR300tn in 2024
CORPORATE
• PTPP to divest subsidiary of hydro power
• Telkomsel sees traffic growth of 14.1% during festive seasons
• ASSA added new fleets of up to 5,000 units this year
• ASLC to inject IDR2.5bn into its pawnshop segment
