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Thank God Investing is Fun (#TGIF) is a weekly article discussing relevant capital market events to educate and keep our audience up to date with capital market happenings. #TGIF is available on our website and socials every Friday at 5 pm.
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S&P Global Maintains Indonesia Investment Grade Rating
S&P affirmed Indonesia's BBB rating, pinning the slowdown on temporary external factors. Recovery depends on commodity prices, spending efficiency, and maintaining the 3% deficit ceiling. By Aathirra Noortyanisa Noersamjah, Keisha Auryn Rasindrea Gantari, Mochamad Gibran Ramadhan, Haidar Zeeka Fachrezi July 17, 2026 at 16:30 GMT+7 S&P Global Ratings affirmed Indonesia’s long-term sovereign credit rating at BBB with a stable outlook and its short-term sovereign credit rating
3 days ago


Apple to Invest US$30 Billion in Broadcom Chips
The US$30 billion agreement delivers 15 billion US-made chips by funding a US$1.5 billion upgrade to Broadcom's Colorado manufacturing facility. Securing custom silicon through 2031 protects Broadcom's largest revenue source and boosted both companies' stocks upon announcement. By Benjamin Benneth Arfianto, Gabriel Valerian Abednego, Miracle Golda Koleangan, Sophia Christine Santoso July 10, 2026 at 16:30 GMT+7 Apple and Broadcom announced a multiyear agreement on Wednesday
Jul 10


Danantara Merged 7 State-Owned Logistics Firms
Danantara merged seven state-owned logistics firms to build an integrated national logistics ecosystem. The merger aims to cut overlaps, improve efficiency, and lower Indonesia’s logistics costs. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra July 03 2026, at 16:30 GMT+7 Danantara has finalized the merger of seven state-owned logistics firms, completed through the signing of a Shareholders Agreement and Deed of Merger on
Jul 3


TGIF Monthly Wrap: June 2026
Grab to Acquire Superbank, Google signs deal with SpaceX, Spacex to Acquire Cursor, P2SK Law Enables IDX Ownership. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra June 26, 2026 at 16:30 GMT+7 Grab Logo | Source: Gizmologi.id Grab to Acquire 2.44 Billion Superbank Shares through GXS Bank Grab Holdings has secured majority control of PT Super Bank Indonesia Tbk (SUPA) following Singtel Alpha's divestiture of approximately 2.
Jun 26


SpaceX to Acquire Cursor for US$60 Billion
SpaceX agreed to acquire AI coding startup Cursor in a US$60 billion all-stock transaction. The acquisition expands SpaceX’s AI software business and strengthens its position in enterprise AI tools. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra June 19 2026, at 16:30 GMT+7 SpaceX announced an agreement to acquire artificial intelligence (AI) coding startup Cursor in a US$60 billion all-stock transaction, marking one of th
Jun 19


Google Signs US$30 Billion Compute Deal with SpaceX
Google signed a US$30 billion deal with SpaceX for AI computing capacity through 2029. The deal secures approximately 110,000 Nvidia GPUs for Google. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra June 12 2026, at 16:30 GMT+7 Google signed an agreement to purchase artificial intelligence computing capacity from SpaceX in a deal valued at around US$920 million per month. The contract is scheduled to run from October 2026 th
Jun 12


Grab to Acquire 2.44 Billion Superbank Shares through GXS Bank
Grab acquired Singtel's 2.44 billion SUPA shares worth Rp800.4 billion. Grab deepens regional coordination between Superbank and GXS Bank operations. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra June 5 2026, at 16:30 GMT+7 Grab Holdings Limited declared that it will merge PT Super Bank Indonesia Tbk (SUPA) after the transfer of Singtel Alpha Investments' stake in Superbank to GXS Bank, which is Grab's digital banking arm
Jun 5


Canada Signs LNG Deal with Germany's State-Owned SEFE
Canada and Germany signed a landmark 20-year LNG supply deal, diversifying Canadian exports away from the US. The Ksi Lisims project faces mounting legal, environmental, and political opposition despite government backing. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra May 29 2026, at 16:30 GMT+7 Canada has reached a historic energy agreement with Germany, marking the first-ever long-term shipment of liquefied natural gas
May 29


Haji Isam Acquires PACK as Company Expands Into Nickel
Haji Isam acquired a 21.12% stake in PACK worth Rp936.65 billion as the company expands into nickel mining. PACK plans US$75.91 million mining acquisitions to accelerate its transformation into a nickel holding company By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra May 22 2026, at 16:30 GMT+7 H. Samsudin Andi Arsyad, widely known as Haji Isam, officially became a strategic shareholder in PT Abadi Nusantara Hijau Investama
May 22


GOTO Announces Rp3.5 Trillion Buyback to Boost Shareholder Value
GOTO plans a Rp3.5 trillion buyback to strengthen capital management and shareholder value. GOTO’s buyback will not exceed 10% of its issued and paid-up capital, supported by sufficient financial resources. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra May 15 2026, at 16:30 GMT+7 GOTO announced a Rp3.5 trillion share buyback funded entirely by internal cash reserves. The company will seek shareholder approval during its E
May 15


OpenAI and Anthropic Launch US$5.5B Ventures
OpenAI and Anthropic launched major ventures to scale enterprise AI via acquisitions. Both are expanding into new industries, with OpenAI ahead in deployment. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra May 1 2026, at 16:30 GMT+7 OpenAI and Anthropic have separately moved to establish joint ventures, backed by major financial institutions. Read More: BUMI to Fully Acquire Loyal Metals for AU$79.1 Million OpenAI has secu
May 8


BUMI to Fully Acquire Loyal Metals for AU$79.1 Million
AU$79.1M deal at AU$0.45/share, bolstering Australian mining foothold. Highway Reward produced 3.65 Mt of copper with new reserves By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra May 1 2026, at 16:30 GMT+7 PT Bumi Resources Tbk (BUMI) has formally entered into a Scheme Implementation Deed (SID) to acquire 100% shares of Australia’s Loyal Metals Ltd, with the total transaction valued at approximately AU$79.1 million. Read M
May 1
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