INDUSTRY
• Budget deficit 0.44% of GDP up to Apr 2020
• Toll road traffic down 80% during Eid Mubarak

CORPORATE
• Indofood CBP (ICBP IJ) takeover sets stage for Middle East expansion
• Adaro Energy (ADRO IJ) sets 62% dividend payout ratio
• Bangkok Bank completes acquisition of Bank Permata (BNLI IJ)
• Garuda Indonesia (GIAA IJ) grounds 70% of its fleet