OPINION
NEWS
REGIONS
WORLD
BUSINESS
SPORTS
ENTERTAINMENT
LIFESTYLE
THE SUNDAY TIMES
SPECIAL FEATURES
SPECIAL SECTIONS
TMT NEWSWIRE
FAST TIMES
LEGAL ADVICE
CAMPUS PRESS
VIDEOS
EXPATS & DIPLOMATS
PHOTOS
BUSINESS FORUM
PODCASTS
RESOURCES
WEATHER
MARKET OVERVIEW
CLASSIFIEDS
EXAM RESULTS
TMT DIGITAL EDITION
TMT CSI
TMT 126TH ANNIVERSARY
QUIZZES
GAMES
Business > Foreign Business
Indonesia blocks Apple iPhone 16 sales
By Agence France-Presse
Oct 30, 2024 12:24 am

JAKARTA — Indonesia has prohibited the marketing and sale of the iPhone 16 model over Apple's failure to meet local investment regulations, according to its industry ministry.

Southeast Asia's biggest economy has a young, tech-savvy population with more than 100 million people under the age of 30, but Apple still does not have an official store in the country, forcing those who want its products to buy from resale platforms.

An employee of an authorized dealer selling Apple products opens a shop in Jakarta on October 29, 2024. Indonesia banned sale of the iPhone 16 because of the tech giant’s failure to meet local investment regulations. AFP PHOTO

Related Articles

US inflation got worse with rising groceries and gasoline prices

Coca-Cola reverses sales volume slide

China exporters unfazed by Trump's tariffs

Global EV sales up 18% in January

Disney tweaks DEI programs

AIG's profit exceeds estimates

Gucci owner's annual profit plunges