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View all search resultsThe company poured Rp 500 billion (US$30.7 million) in investment for a facility that will produce various models of Mercedes-Benz Axor trucks and specially designed Mercedes-Benz bus chassis tailored for the Indonesian market.
Textile associations have urged provincial Trade Ministry offices, which are authorized to issue certificates of origin (SKA), to tighten the issuance procedures and verify whether export goods are genuinely produced in Indonesia.
Indonesia in October prohibited the marketing and sale of the iPhone 16 model over Apple's failure to meet local investment regulations requiring that 40 percent of phones be made from local parts as the country seeks to boost investments from giant tech companies.
The Industry Ministry is set to meet with an Apple executive on Jan. 7-8 to hash out a new deal so the US tech giant can sell the iPhone 16 to Indonesian consumers by complying with local content rules, with a possibility for the investment ministry to take the lead if it opts to set up a local production factory instead.
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