Claire Jiao Bloomberg
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Indonesia Calls Apple’s $100-Million Investment Offer Unfair
Apple’s proposal to invest $100 million in Indonesia hasn’t met “fairness” principles, a top government official said. The latest comments indicate more hurdles ahead for Apple as it seeks to lift a ban on selling its flagship iPhone 16 in Southeast Asia’s largest economy.
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iPhone 16 Series Sales in Indonesia Blocked Over Unmet Investment Requirements
Apple has been blocked from selling its latest iPhones in Indonesia, as the company is yet to meet local investment requirements. The iPhone 16, can't be sold in the country as PT Apple Indonesia hasn't fulfilled the country's 40 percent domestic content requirements for smartphones and tablets, according to Indonesia's Ministry of Industry.
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Global Recession Looms On Broadest Rate Hikes in 5 Decades: World Bank
The global economy may face a recession next year caused by an aggressive wave of policy tightening that could yet prove inadequate to temper inflation, the World Bank said in a new report.
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Man From India Triggered New Cluster Of Cases Of New Strain Of Coronavirus
Southeast Asia is facing a strain of the new coronavirus that the Philippines, which faces the region's largest outbreak, is studying to see whether the mutation makes it more infectious.
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Indonesia Calls Apple’s $100-Million Investment Offer Unfair
Apple’s proposal to invest $100 million in Indonesia hasn’t met “fairness” principles, a top government official said. The latest comments indicate more hurdles ahead for Apple as it seeks to lift a ban on selling its flagship iPhone 16 in Southeast Asia’s largest economy.
-
iPhone 16 Series Sales in Indonesia Blocked Over Unmet Investment Requirements
Apple has been blocked from selling its latest iPhones in Indonesia, as the company is yet to meet local investment requirements. The iPhone 16, can't be sold in the country as PT Apple Indonesia hasn't fulfilled the country's 40 percent domestic content requirements for smartphones and tablets, according to Indonesia's Ministry of Industry.
-
Global Recession Looms On Broadest Rate Hikes in 5 Decades: World Bank
The global economy may face a recession next year caused by an aggressive wave of policy tightening that could yet prove inadequate to temper inflation, the World Bank said in a new report.
-
Man From India Triggered New Cluster Of Cases Of New Strain Of Coronavirus
Southeast Asia is facing a strain of the new coronavirus that the Philippines, which faces the region's largest outbreak, is studying to see whether the mutation makes it more infectious.
