Yuanta Indonesia Morning Journal - 09 Aug 2023
INDUSTRY
• Concern over sluggish consumption at begining of 2H23
• Lackluster demand of heavy equipment in 1H23
CORPORATE
• TOTL to secure new contract of IDR2.1tn
• WSBP to restructure its liability into equity
• DRMA targets top-line growth of 28% this year
• PPRI plans to use IPO proceeds as working capital
• BBTN to acquire a syariah bank