Indonesia lifts barrier for iPhone 16 with telecom permits

News Image

MG News | March 14, 2025 at 11:06 AM GMT+05:00

March 14, 2025 (MLN): Indonesia has issued telecommunications permits for five different models of Apple's iPhone 16, the communications ministry said on Friday, a step towards allowing sales after a domestic ban.

The permit issue came a week after Indonesia issued local content certificates for 20 Apple products including iPhone 16.

Apple still needs an import permit from the trade ministry to be able to sell the iPhones locally, the industry ministry has said.

The Southeast Asian country of about 280 million people banned iPhone 16 sales last year as the company failed to meet composition requirements regarding locally-made parts.

Analysts have said the rules could hurt investor confidence and trigger protectionism concerns, as Reuters reported.

The five telecommunication certificates were for iPhone 16e, iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max.

The issuance of the permits follows last month's announcement of more than $300m investments by Apple in Indonesia, including in plants making components for its products, and a research and development centre.

Apple did not immediately respond to requests for comment. Dwi Handoko, a senior communications ministry official, said five permits were issued as requested by Apple.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 178,262.34
385.16M
4.23%
7241.13
ALLSHR 107,837.44
1,028.26M
3.85%
4001.05
KSE30 53,347.67
160.21M
4.70%
2395.68
KMI30 251,510.37
142.71M
4.52%
10876.50
KMIALLSHR 69,173.86
484.44M
3.91%
2601.11
BKTi 51,064.73
51.74M
4.91%
2391.50
OGTi 35,248.42
10.48M
4.59%
1546.17
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,150.00 64,810.00
63,035.00
-1815.00
-2.79%
BRENT CRUDE 87.65 88.06
87.40
-0.71
-0.80%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-1.55
-1.44%
ROTTERDAM COAL MONTHLY 120.00 120.00
120.00
-0.25
-0.21%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 81.75 82.24
81.43
-0.86
-1.04%
SUGAR #11 WORLD 14.56 14.75
14.54
-0.21
-1.42%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg