Indonesia rejects Apple’s RM446.5m investment offer over fairness concerns

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JAKARTA, Nov 26 — Indonesia has rejected an Apple US$100 million (RM446.5 million) investment proposal aimed at lifting a ban on iPhone 16 sales, saying it lacks the...

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Over half a million Malaysian households owe TNB RM1b, Selangor tops list of defaulters, KL follows, financial struggles among reasons cited, Parliament told Following the ban, Apple offered to increase its investments in Indonesia by US$100 million to allow the new phone to be sold domestically.

 

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Apple Offers to Increase Investment in Indonesia Tenfold to RM446 Million to Lift Country's iPhone 16 Series BanPreviously, we shared how the Apple iPhone 16 Series is banned from being sold in Indonesia until the tech giant fulfils a few requirements, including
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