TGIF Monthly Wrap: October 2025
- ICMSS
- 11 hours ago
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Indonesia Issues Patriot Bonds, US Additional Tariff Escalates Tensions, WIFI secures 1.4 GHz spectrum, NVIDIA and Palantir partners
By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra
October 31, 2025 at 16:30 GMT+7
The headquarters of Danantara Indonesia | Source: KATADATA
Danantara Indonesia issued Rp50 trillion Patriot Bonds to finance Indonesia’s strategic national projects under the government’s long-term infrastructure roadmap for waste-to-energy projects with PLN as the electricity off-taker. The offering was divided into two Series of Rp25 trillion each, with maturities of five and ten years, respectively. Prominent business figures have reportedly participated in the bond purchase; notable investors include Anthoni Salim, Prajogo Pangestu, Franky Widjaja, Garibaldi “Boy” Thohir, and Low Tuck Kwong. Danantara emphasized that participation in the program remains voluntary and grounded in the spirit of patriotism.
U.S. President Donald Trump attends a bilateral meeting with China's President Xi Jinping during the G20 leaders summit in Osaka, Japan, June 29, 2019. | Source : Reuters
The US is set to implement an additional 100% tariff on Chinese imports starting Saturday (11/01). The decision sparked volatility in financial markets, heightening investor fears of an escalating US–China trade conflict. The S&P 500 recorded its steepest decline since April as investors reacted to China’s new export restrictions and growing geopolitical uncertainty. Despite the mounting tensions between the two nations, both sides are still expected to meet at the upcoming APEC Summit in Seoul, signaling a cautious step toward renewed diplomatic engagement.
PT Solusi Sinergi Digital Tbk (WIFI), also known as Surge, will partner with PT Tower Bersama Infrastructure Tbk (TBIG) and PT Centratama Menara Indonesia Tbk (CENT) to develop Broadband Wireless Access (BWA) services | Source: Kontan
PT Solusi Sinergi Digital Tbk (WIFI) won the 1.4 GHz spectrum for Regional I (Java, Papua, and Maluku) for Rp403.76 billion to develop Broadband Wireless Access (BWA) and Fixed Wireless Access (FWA) to intensify speeds and expand internet network. Collaborating with TBIG and CENT, WIFI will leverage 50,000 towers to accelerate expansion. WIFI aims to deliver 100 Mbps FWA-based home internet to rural households, targeting 5 million users by 2026 through collaborating with global partners, including Nokia, Huawei, Orex SAI, Baicells, Fiberhome, and Qualcomm.
NVIDIA and Palantir | Source: NVIDIA Newsroom
NVIDIA and Palantir Partner to Build AI-driven Enterprise Optimization
NVIDIA and Palantir announced a partnership to integrate NVIDIA’s AI infrastructure with Palantir’s Artificial Intelligence Platform (AIP) to enhance enterprise decision-making. Their partnership is based on real-time AI simulation of logistics and supply chain optimization, enabling companies to boost operational efficiency and optimize the use of resources. The partnership reinforces NVIDIA’s position as a key player in the enterprise AI market and broadens Palantir's business in the industrial sector. Justin Boitano, vice president of enterprise AI at NVIDIA, considers the collaboration to be a strategic move towards using AI-based enterprise deliverables more widely, which strengthens the leadership of both companies in the emerging market of intelligent business infrastructure.
Sources:
BBC
CNBC
CNN
New York Times
NVIDIA
Reuters
Tempo
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