More stick, less carrot = great industry policy

Indonesia’s Industry minister, on RIM’s decision to set up a factory in neighbouring Malaysia instead of Blackberry-crazy Indonesia:

“I suggest we impose an additional value-added tax, or luxury tax, for such goods, so that people would choose to invest here instead,”

Way to go, minister. Exactly what’ll make Indonesia *really* attractive.

(via Penn-Olson)

This entry was posted in Uncategorized. Bookmark the permalink.
  • Rahul V Panakkal

    If the Blackberry market in Indonesia is so big, doesn’t ministers comment make sense. I think the minister meant, additional tax for items not manufactured in Indonesia.