Yuanta Indonesia Morning Journal - 29 Sep 2023

INDUSTRY
• Government to offer alternative selection method for spectrum
• Banks strengthen capital structure
• The e-commerce market place is facing dilemma

CORPORATE
• MTEL to acquire 105 towers from three companies
• GIAA merger with Pelita Air to be completed in FY23
• PRDA to focus on digital business
• TINS aims top-line at IDR12tn in FY23
• SGER’s subsidiary to list in IDX, aiming to fetch IDR200mn
• TPMA to navigate high demand via fleet expansion
• TAYS partner with MIXIO Holdings Incorporated to expand into Japanese market