Thursday, October 6, 2011

RIM cancels investment in RI due to misleading info: Govt

BlackBerry producer Research in Motion (RIM) has canceled its investment plan in Indonesia due to misleading information that says it will have to pay tax in both Indonesia and Canada.

“That’s wrong. There is cooperation between Indonesia and Canada so that Canadian firms will not be taxed twice,” Edy Putra Irawady, deputy coordinating economic minister for trade and industry, said as quoted by on Thursday.

“I asked RIM, why didn’t you ask the Indonesian government about this? That was your fatal mistake.”
RIM has reportedly decided to invest in Malaysia.

However, RIM East Asia Head of PR Oliver Pilgerstorfer said that "RIM remains fully committed to Indonesia where we enjoy strong partnerships and tremendous positive enthusiasm for our BlackBerry products".

"We look forward to working together with the government and our carrier partners to achieve our shared goal of ensuring Indonesia is one of the best places in the world for companies like RIM to grow, serve customers and continue to further expand our strong local network of applications developers,” he said in a statement provided to The Jakarta Post.