Yuanta Indonesia Morning Journal - 18 Aug 2023

INDUSTRY
• Government to propose state budget 2024

CORPORATE
• PGEO to aim at 1GW power generation
• PGAS get push back on price increase plans
• Pressured by coal price, ITMG’s performance diminished in 1H23
• ASII’s soft growth of 4W sales in Jul 23
• KAEF to open 100 outlets by FY23
• PRDA used 50% of capex budget
• Bank Muamalat to list shares on IDX