Yuanta Indonesia Morning Journal - 26 Jan 2026

INDUSTRY
• Fines for several CPO players arising from strict forestry zoning

CORPORATE
• SMBR to aim at double digit growth
• ERAA Share Buyback to Support Capital Structure
• ERAL Growth Optimism into 2026
• BJBR aims to double profit in 2026
• Glencore to reduce ownership in Harita Group
• EMAS reportedly plans to list in Hong Kong