Yuanta Indonesia Morning Journal - 25 Aug 2023

INDUSTRY
• Bank Indonesia to maintain benchmark rate at 5.75%
• Surging demand of buses led to significant growth of 130% YoY

CORPORATE
• ENRG to operate in Mozambique
• TOTL to aim at bottom line growth of 27%
• BBNI injects IDR400bn to financing unit
• BIRD to expand Cititrans fleets
• SCMA remains hopeful for digital business