Jakarta, Feb. 19 -- Minister of Industry Agus Gumiwang Kartasasmita announced that Apple, the U.S.-based technology giant, has settled a US$10 million debt owed to the Indonesian government.

This payment represents the remaining balance of Apple's investment commitment required to obtain a domestic component level certificate (TKDN) for the 2020-2023 period.

"The debt has been paid, and we had received the payment," he stated when met in Jakarta on Wednesday.

The Ministry of Industry explained that during this period, Apple's investments did not fully comply with the requirements outlined in Minister of Industry Regulation No. 29 of 2017, which permits Apple to market its products in Indonesia.

According to the ministry, Apple has ack...