QUOTE(ViktorJ @ Jan 23 2020, 01:49 PM)
By deregulate, do you mean reduce tax? Most businesses here focus more on improving margins by reducing cost i.e. hiring monkeys. If this is the route, I am unsure if dropping tax will incentivize local skilled labour vs cheaper foreign ones.
By NS do you mean PLKN or like a hardcore version like in SG, KR and ISR? I dunno man, the programme itself was just a giant money making scheme for a couple of vendors.
Would love to hear more details on your infrastructure ideas.
Deregulate means make it simpler to do business without sacrificing efficiency. It may or may not include reducing taxes.
Example, AP system, it's prone to abuse and only benefits cronies, and brings minimal benefit to govt, so scrap the AP system. "How to potek potong like that?" Some red shirts will ask. Simple, have potong give a projection of what sales will be for the year, then give them a target. If hit target, they get tax breaks, if no hit target then tax as per normal. Only applicable for GLCs.
As for foreign cheap labor, first important thing to ask here is are these monkey cheap labors legal or illegal workers? If illegal then just enforce existing laws (point 8), if legal foreign workers then conduct feasibility study of what it takes to replace them with local workers.
By NS I mean PLKN, but instead gradually ramp it up over say.... three years, to some more serious training like in SG, so those who complete the course will be tougher stronger more disciplined individuals, with skills necessary to in the corporate world, rather than the wusses youngster are these days. Eventually people will WANT to join the service, like West Point.