Yuanta Indonesia Morning Journal - 18 Sep 2026

INDUSTRY
• Weakening purchasing power and El Nino to weigh on MSMEs
• Government plans to implement e-commerce tax rate on October 1

CORPORATE
• Jhonlin to acquire BYAN
• INET to acquire 60% in SGI
• HEXA to target sales growth of 14%
• Green SM releases 2-wheels ride product
• HRTA maintains guidance of strong double-digit performance on FY26