Yuanta Indonesia Morning Journal - 21 Nov 2025

INDUSTRY
• MoF to report state budget realization up to Oct25
• Danantara plans to invest in Inalum’s aluminum project
• Loan growth decelerated in October

CORPORATE
• Sampoerna to divest entire stake of SGRO to Posco
• ACES projected to see moderate performance through 2025 amid soft demand
• PZZA targets strong 2026 performance backed by expansion and renovation strategy