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Indonesia Approves Permits for Five Apple iPhone 16 Models

/in /tarafından

Indonesia’s communications ministry has granted telecommunications permits for five models of Apple’s upcoming iPhone 16, marking a significant step towards lifting a previous domestic sales ban. This move follows the issuance of local content certificates for 20 Apple products, including the iPhone 16, last week. However, Apple still requires an import permit from the trade ministry to begin selling the devices locally, according to Indonesia’s industry ministry.

The Indonesian government had previously banned iPhone 16 sales last year, citing Apple’s failure to meet local content requirements, which mandate that products contain a certain percentage of locally manufactured parts. This decision had raised concerns about potential protectionism and its impact on investor confidence in the country.

The five telecommunications certificates cover the following iPhone 16 models: iPhone 16e, iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max. The issuance of these permits comes shortly after Apple announced more than $300 million in investments in Indonesia, which will fund the construction of plants for manufacturing components and the development of a research and development center.

Apple has not yet responded to requests for comment regarding the permits. However, Dwi Handoko, a senior official from Indonesia’s communications ministry, confirmed that the five permits were issued at Apple’s request.

Oracle Explores Data Center Investment in Indonesia’s Batam Island

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Oracle Corp is in talks with the Indonesian government to establish a new cloud services center on Batam Island, according to Bloomberg News. The company is considering Nongsa Digital Park, a location that benefits from free trade zone status and its strategic proximity to Singapore and Malaysia. Oracle has ongoing cloud service initiatives in both countries, further fueling its interest in the region.

Earlier in October, Oracle revealed plans to invest over $6.5 billion to create its first public cloud region in Malaysia. Oracle’s expansion in Southeast Asia is part of a broader effort to grow its global infrastructure, which spans Asia from Japan to New Zealand and extends to India, as stated by Garrett Ilg, Oracle’s Executive Vice President for Japan and Asia Pacific.

The company’s cloud infrastructure in Singapore already includes two data centers, and Oracle operates 50 public cloud regions across 24 countries, underscoring its expanding global presence. As Oracle continues to broaden its reach, it is expected that Batam Island will play a key role in its ambitious regional strategy.

Oracle, Indonesia’s Investment Ministry, and Communication Ministry did not immediately respond to requests for comment.

GoTo Achieves First Full-Year Profit, Targets Strong Growth in 2025

/in /tarafından

Indonesia’s largest tech conglomerate, PT GoTo Gojek Tokopedia (GoTo), has reported its first-ever full-year underlying profit and forecasted significant growth for 2025. The company, which operates in ride-hailing, food delivery, logistics, and financial services, expects a sharp increase in its core earnings (adjusted EBITDA) next year.

Financial Milestones

  • 2024 underlying profit: 327 billion rupiah (~$20 million), reversing a 3.67 trillion rupiah loss from the previous year.
  • 2025 adjusted EBITDA forecast: 1.4 trillion to 1.6 trillion rupiah (~$85-97 million), signaling a sharp profitability surge.
  • Financial technology segment: Earnings soared 70% in 2024, driven by GoPay’s expanding user base and growing loan book.

CEO’s Outlook

GoTo Group CEO Patrick Walujo attributed the strong performance to rising user numbers and growing demand across its digital services. “We saw a significant increase in our user numbers throughout the year and expect this to continue into 2025,” he stated.

Merger Speculation

Amid industry consolidation rumors, GoTo was linked to a potential merger with Southeast Asian rival Grab. While the company denied any active talks, Walujo signaled openness to deals that enhance shareholder returns in the long term.

Backed by SoftBank Group and Singapore’s GIC, GoTo continues to solidify its position as a dominant player in Southeast Asia’s digital economy, with a strong focus on profitability and expansion in 2025.