Yuanta Indonesia Morning Journal - 19 Nov 2020

INDUSTRY
• Government spending shy of target
• The increase in cigarette excise rates in process

CORPORATE
• ASII to finalize Astra Aviva acquisition
• HMSP's QoQ sales improved
• HEAL will sell new shares if there is an acquisition target
• Alfamart develops new concept outlets
• BBRI’s restructured loans reached IDR193tn
• BNGA to maintain selective loan expansion in 2021