iadvisory Seminar Series: Doing Business in Indonesia.

International Enterprise (IE) Singapore is pleased to present as part of the iadvisory Seminar Series: "Doing Business in Indonesia"

The full-day seminar will provide insights on Indonesia's economy and the country's business environment; it will also provide participants with an overview of the country's tax and legal systems as well as financing options when doing business in Indonesia.

Indonesia is Southeast Asia's largest economy with a nominal GDP of US$450bn, and is the world's fourth-most populous country with almost 240 million people. Indonesia's wealth has largely been derived from the export of agriculture produce and mineral resources from its rural areas.

However, with the onset of industrialisation in and around the larger cities, the main drivers of the country's wealth shifted to manufacturing, infrastructure projects, and the services sector. A country where free enterprise is encouraged, its attractiveness as an investment destination has been enhanced by its wealth of natural resources, oil, minerals and metals, hence offering investors a vast market in which to do business.

Seminar Details

Date	30 July 2008, Wednesday
Time	8.30am – 5.00pm
Venue	IE Singapore, Little Red Dot Seminar Room 230 Victoria Street #10-00 Bugis Junction Office Tower Singapore 188024
Fees Include seminar materials, 1-to-1 business clinic & lunch	S$60

Programme⁺

0830	Registration
0900	Welcome Address By Ms Chung Lai Thoe, Deputy Director, IE Singapore
0910	Opening Address By Mr Davy Goh, Senior Vice President, DBS Enterprise Banking
0920	Business and Investment Opportunities in Indonesia By Mr Nurul Ichwan - Chairman, Investment Coordinating Board Republic of Indonesia, Singapore Representative office
0945	Financing Options in Indonesia By Mr Ian Teo, Senior Vice President, DBS Enterprise Banking
1030	Tea Break
1100	Building Financial Strength for Internationalisation By Ms Esther Xu, Assistant Manager, IE Singapore
1115	Legal Framework for Investments in Indonesia By Ms Angeline Suparto, Lawyer, Angeline Suparto & Company
1200	Efficient Profit Repatriation and Update regarding Tax By Mr Nick Graham, Technical Advisor, RSM AAJ Associate
1245	Networking Lunch
1345	Logistics, freight & customs Issues in Indonesia By Mr Sunny Chia, Director, International Trade Services, United Parcel Services Asia Pacific Region
1415	Human Resource Issues in Indonesia By Ms Wong Su-Yen, Managing Director, ASEAN, Mercer
1445	Tea Break
1515	Tapping on the ASEAN Free Trade Agreement By Mr Frank Debets, Partner, PricewaterhouseCoopers WMS Pte Ltd & IE Singapore's FTA Panel of Advisors
1545	www.iadvisory.com.sg - Connecting Global Experts with Singapore-Based Companies By Ms Joey Chua, Consultant, IE Singapore
1600	Case study: Experiences in Indonesia
1630	1-to-1 business clinics**

⁺ Programme is correct at time of print but subjected to change without notice.
**Registration for 1-to-1 business clinic with speakers will be conducted onsite on 30 July 2008 and each company is entitled to a 15-minute clinic session with each of the speakers. Slots are limited and on a first-come-first-served basis.

Registration and Enquiry
If you are interested to attend this event, please register online at the registration link above by 25 July 2008, Friday. For enquiries, please contact us at 1800-IESPORE (437 7673).

Terms & Conditions

1. All prices are inclusive of 7% GST.
2. Payment is required with registration and must be received prior to the event to guarantee your seat. IE Singapore reserves the right to refuse entry if payment is not received prior to the event.
3. As seats are limited, applications will be accepted on a first-come-first-served basis.
4. Full refund is applicable to unsuccessful applicants and for cancellation in which IE Singapore is informed at least 2 working days before the event date.
5. An administrative charge of S$50 is applicable for any late cancellation or "no-show".

Mr Ichwan will present the macro-economic conditions & various investment opportunities in Indonesia. In his presentation, he will cover issues on investment incentives, the new rules for investments, latest progress of the Free-Trade zone of BBK (Batam, Bintan, Karimun) and other provinces.

Ms Angeline Suparto
Lawyer
Angeline Suparto & Company
Ms. Angeline Suparto has practised law for more than 24 years, firstly with Messrs Baker & McKenzie in Hong Kong and subsequently with Messrs Wendy Wong Koh & Suparto and Messrs White & Case, Colin Ng & Partners in Singapore. Throughout these 24 years, Angeline specialized in Indonesian commercial/corporate and property matters. Angeline has also been invited on a regular basis to speak on topics of Indonesian Law in seminars and forums organised by government agencies, chambers of commerce and business associations in Singapore. She also established ANGELINE SUPARTO & COMPANY and its Jakarta associated office.

Mr Nick Graham
Technical Advisor
RSM AAJ Associate
Mr Nick Graham is a Technical Advisor in the Business & Management Advisory Group of RSM AAJ Associates, Indonesia. With more than 14 years of consulting experience in Indonesia, Nick has been involved in assignments covering Business Advisory, Due Diligence, Accounting and Tax Advisory.

Nick obtained his Bachelor of Business degree from the University of Technology, Sydney, Australia and Diploma of Applied Finance from the Securities Institute of Australia. In addition to being a Fellow of the Financial Services Institute of Australasia (FinSIA) and is also a qualified accountant, completing the Professional Year program of the Institute of Chartered Accountants of Australia. Prior to working in Indonesia, Nick was employed by Touche Ross and Arthur Andersen in Australia.

Efficient Profit Repatriation and Update regarding Tax
Taxes are a cost of doing business in any country and should be approached from this perspective. Therefore the early establishment of a plan to efficiently and compliantly repatriate profits can significantly impact on a Company's Return on Investment into Indonesia.
This topic will review the process/methods for repatriation of profits and potential pitfalls in execution of these plans. In addition an update will be provided regarding taxation in Indonesia and the revisions being proposed for the 2009 Tax Year.

Mr Sunny Chia
Director, International Trade Services
United Parcel Services Asia Pacific Region
Mr Sunny Chia is Director, International Trade Services, based in the UPS Asia Pacific Region Office in Singapore, and is responsible for all global trade facilitation matters, and international customs operations activities in the Asia Pacific Region. He is actively involved in working with both APEC and ASEAN Customs Administrations within the Asia Pacific region in facilitating Global Trade across international borders.

The world's largest Muslim nation, Indonesia has achieved remarkable economic development success over the past decades and, until the 1997-1998 Asian economic crisis, was considered to be among the best performing East Asian economies. Significant progress has been made in Customs reforms and modernisation, communications and transportation over the years to facilitate trade.

Ms Wong Su-Yen
Managing Director, ASEAN
Mercer
Ms Wong Su-Yen is the Worldwide Partner and Managing Director of Mercer, ASEAN. She has over fifteen years' experience helping companies develop business and organization strategies, improve operations, manage risk, and effectively implement change. Prior to this role she was a Director at Mercer Management Consulting where she worked with leading companies across North America and Asia in the high-tech, financial services, oil and gas, retail, and consumer goods industries. She has advised clients across Asia since 1995, and has previously been based in Boston, Bangkok, Seoul, and Hong Kong.

Ms. Wong is a frequent speaker at conferences in Asia, including events organized by the Economist and Business Week. Ms. Wong is co-author of the Asian edition of How Digital is Your Business? (Crown Business, 2000). She has published articles and is often quoted in journals including the Economist, Wall Street Journal, Far Eastern Economic Review, Global Executive, Human Capital Asia, The Straits Times and Business Times. She is also a regular commentator on various news media such as CNBC and Bloomberg.

Su-Yen's presentation will cover human resource practices and issues in Indonesia, set within the context of growing competition in the ASEAN region. Her presentation will emphasize pivotal trends in the Indonesia labour market, as well as their significance and implications for companies operating in the country.

Mr Frank Debets
Partner, PricewaterhouseCoopers WMS Pte Ltd
& IE Singapore's FTA Panel of Advisors

Mr Frank Debets leads the WMS team in Singapore. He is the project and client relationship manager for some of the largest WMS clients, globally and in Asia-Pacific. Frank advises companies on all aspects of the cross border movement of products, from a tax regulatory as well as logistics perspective. With a background in supply chain management he views clients and situations from a holistic angle, covering tax, transfer pricing and customs regulations, as well as logistical considerations. His current focus is on valuation and preferential trading rules.

Frank received a Masters Degree in Econometrics (Operations Management) from Erasmus University in Rotterdam, and is a member of the UK Institute of Export.

The Agreement on the Common Effective Preferential Tariff (CEPT) Scheme for the ASEAN Free Trade Area (AFTA) was implemented in January 1993. Over the years, the ASEAN Member States have continuously reviewed and improved the conditions and scope of the agreement with a view to further facilitate intra-ASEAN trade. This presentation will focus on the latest developments under AFTA, its Rules of Origin and the Business Models it supports.

Date:
30/07/2008

For more information, please contact:
Organiser: IE Singapore
Contact Person: Customer Service
Telephone no: 1800-IESPORE (437 7673)