Tag: EXPORTS

Apple’s $1 Billion Investment: A Short-Lived Victory for Indonesia

Dec 22, 2024

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by

Oliver Henderson

in general invests

Indonesia has secured a $1 billion investment commitment from Apple to lift a sales ban on iPhone 16s, but experts warn this may be a fleeting achievement. The country’s stringent domestic content requirements could alienate potential investors, especially as neighbors like Vietnam provide more favorable conditions. Despite the hype, Indonesia’s protectionist policies may hinder its…
Surge in Luxury Sales as Affluent Indians Indulge

Dec 2, 2024

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by

Amir El-Sayed

in general invests

Sales of luxury brands such as Louis Vuitton, Christian Dior, and Hermes soared as affluent Indians increased their spending on high-end products, amassing ₹1,400 crore in sales for the fiscal year ending March 2024. Despite lower frequency of purchases, consumers are opting for more expensive items. Overall, the outlook for India’s luxury goods market remains…