Summarize this content to 2000 words in 6 paragraphs in Arabic Unlock the Editor\u2019s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Indonesia is maintaining its ban on the sale of Apple\u2019s iPhone 16, saying the US tech giant\u2019s proposal to invest $1bn in local manufacturing is still not enough to meet the country\u2019s local content requirements.President Prabowo Subianto\u2019s government banned the sale of the latest iPhone in October due to Apple\u2019s failure to meet a regulation that requires 40 per cent of content in handsets and tablets to be sourced locally. Google\u2019s Pixel phones were also banned for not meeting the rule.\u00a0Apple had proposed setting up a $1bn plant to produce its AirTag tracking device with the help of a local partner, but government officials said this week that the facility would not contribute towards the local content requirement for iPhones.\u201cAs of this afternoon, the Ministry of Industry does not have the basis to issue the local content certificate for Apple products, especially the iPhone 16,\u201d Agus Gumiwang Kartasasmita, Indonesia\u2019s industry minister, said on Wednesday, according to local media. He added that Apple\u2019s investment proposal was \u201cnot enough\u201d.\u00a0On Tuesday, investment minister Rosan Roeslani said Apple had \u201ccommitted for the first stage of development\u201d of an AirTag facility costing $1bn and the plant would be operational by early 2026.\u00a0\u00a0Apple did not respond to a request for comment.\u00a0Apple initially proposed investing just $10mn last year and then upped this to $100mn, with the industry ministry saying the offers were insufficient. Officials say those figures were small compared with the company\u2019s sales in Indonesia.\u00a0Indonesia has repeatedly called for more investment from Apple, which has four developer academies in the country to train students and engineers to develop apps, but no manufacturing facility.Jakarta\u2019s demands highlight how the world\u2019s fourth-most populous country is leveraging its large consumer market to attract foreign investment. The number of active mobile phones in Indonesia totals 354mn \u2014 exceeding the population of about 280mn, the industry ministry has said.\u00a0\u00a0Indonesia has long used trade regulations to attract foreign investment and onshore manufacturing, and to protect its domestic industries.\u00a0However, some businesses have criticised the rules as protectionist and the local content requirement \u2014 which is different across industries and calls for a certain percentage of goods to be sourced locally \u2014 has deterred some investors.\u00a0\u00a0The American Chamber of Commerce in Indonesia has said it is \u201cvery challenging\u201d for foreign companies to meet local content thresholds because domestically made products are not available for some sectors such as electronics.Bans on Apple and Google products could also dent Indonesia\u2019s investor appeal, businesses and economists have warned, with regional peers such as Vietnam or Malaysia having more investment-friendly policies.Apple executives are in Jakarta this week to discuss the proposed investments with the government.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
Summarize this content to 2000 words in 6 paragraphs in Arabic Unlock the Editor\u2019s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Indonesia is maintaining its ban on the sale of Apple\u2019s iPhone 16, saying the US tech giant\u2019s proposal to invest $1bn in local manufacturing is still<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[],"class_list":{"0":"post-157763","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-tech"},"_links":{"self":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/157763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/comments?post=157763"}],"version-history":[{"count":0,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/157763\/revisions"}],"wp:attachment":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/media?parent=157763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/categories?post=157763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/tags?post=157763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}