Event Reports

On 17 November 2021, the Finance, Tax, and Investment Working Group hosted a webinar on Highlights of the Law on Harmonization of Tax Regulation. The webinar invited as the main speaker Sophia Rengganis (Senior Tax Manager of PwC) to share updates related to the main changes introduced by the new law. The event highlighted the six main points of the new law including changes in the General Provisions and Taxation Procedures, Income Tax, Value Added Tax, Carbon Tax, Excise, and Voluntary Disclosure Program. Participated by around 40 representatives of member companies from various sectors, the Meeting provided attendees the opportunity to engage in an open discussion as well as share views related to the challenges on the implementation of the new law. The overall discussion was moderated by the Head of the EuroCham Finance, Tax and Investment Working Group, Omar Abdulkadir.

EuroCham Cosmetic Working Group participated as an observer on the 34th ASEAN Cosmetic Committee (ACC) Meeting that was held virtually on 15-16 November 2021. This meeting was chaired by Mr. Lok Saphy from the Cambodian Government (as Chairperson) and Drs. Hary Wahyu (as Vice Chairperson) from the Indonesian National Agency for Drug and Food Control (BPOM).

The 34th ACC meeting shared updates from the ASEAN Secretariat related to ASEAN economic integration, especially related to the ASEAN Comprehensive Recovery Framework (ACRF), implementation of the ASEAN Cosmetic Directive (ACD), resolution of Country Specific Requirements (CSR) issues in several ASEAN countries, as well as Post Market reporting.