Yuanta Indonesia Morning Journal - 27 Jan 2021
INDUSTRY
• Government to increase funds for economic recovery
• Indonesian banking sector profit expected to contract 33.08% YoY in 2020
CORPORATE
• TLKM to allocate capex of 25% of revenue
• FREN to issue rights at IDR100
• AKRA to expand into engine lubricant
• CTRA to issue SGD100mn global bond
