Event Reports

On 2 July 2019, the EuroCham Finance, Tax and Investment Working Group held its regular meeting. The meeting was hosted by PwC at their office. Mr. Omar Abdulkadir (Taxation Service Advisor of PwC) as Head of Working Group opened the meeting and shared latest updates on advocacy activities on the past months with relevant stakeholders, as well as few draft regulations on the pipe line. The meeting continued with the presentation by Mr. Ico Jalink (Senior Associate Allen & Overy) as the Deputy Head of the Working Group with the main theme of “offshore loan obligations for Indonesian non-bank borrowers”. The presentation and discussion offer an overview of the rules that apply to Indonesian residents that receive loans from offshore lenders and what implications these rules have for Indonesian borrowers.

The Group held the dinner meeting on 9 July 2019 as part of regular activities by one of the largest and active working group in EuroCham, as an avenue of coordination and consolidation to discuss working group issues and activities. The discussion covers practices on solar rooftop installation to support the renewable energy in Indonesia, the urgency of information on tariff policy for electricity and the cooperation procedures between supplier and the State-Owned Electricity Compay PLN. The dinner this time also becomes the opportunity to bid a farewell to Christophe Comte of Engie, one of Deputy Head for Power Generation, who soon will leave Indonesia and relocate to France. The dinner was closed with handover of token appreciation for the contribution all these times.