After Indonesian President's approval of the government's acceptance of Apple's $10 billion investment, the company is set to secure Indonesian approval to lift the ban on selling iPhone 16. The ban was imposed due to concerns over the impact of iPhone 16 on the local smartphone market. Apple's significant investment is expected to boost the country's economy and create jobs. However, critics have expressed concerns over the potential negative impact on local smartphone manufacturers. The decision is seen as a win for Apple, which has been working to expand its presence in the Southeast Asian market. The country's economy is expected to benefit from the investment, which is seen as a significant boost to the country's GDP. The ban on iPhone 16 was imposed in an effort to protect the local smartphone industry, but some argue that it has had a negative impact on consumers. The decision to lift the ban is seen as a pragmatic move by the government, which is eager to attract foreign investment and boost economic growth. As the Indonesian economy continues to grow, it is likely that foreign companies like Apple will continue to play a significant role in the country's development.