Yuanta Indonesia Morning Journal - 07 January 2025
INDUSTRY
• State budget experienced shortfall in tax revenue
• MoT sees decline in traveling during festive seasons
• Daihatsu and Toyota to increase ASP this year
• Banks expect minimal impact from the rise in VAT for luxury homes
CORPORATE
• PGEO to allocate capex USD300mn in FY25
• Patrick Sugito Walujo to remain GOTO CEO till 2029
• Pemberton Asian Opportunities Fund acquire more of PZZA stake
• WINS to strengthen its fleets this year
