Invitation. We look forward to meeting you in Bali Indonesia Society of Appraisers (MAPPI) Hamid Yusuf President
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2 Invitation It brings great honor for us to be appointed as the Host of the 25 th Pan Pacific Congress of appraisers, valuers and counselors, which will be held in Bali, on September This remarkable event is made possible by join efforts of the Indonesian Society of Appraisers (MAPPI) as organizer and supported by Ministry of Finance of the Republic of Indonesia as the respective regulating body. PPC is always seen as a significant forum that brings together appraisers, valuers, property counselors and all related professionals as well as stakeholders in the Pacific Basin to share and discuss the current and contemporary issues in the world of valuation and property development. A wide array of topics of interest in its latest development will be discussed in the 3 days of the congress, under the main theme of the Congress : Financial Crisis, Global Uncertainty and Borderless Competition. On behalf of the Indonesian Society of Appraisers (MAPPI) and Organizing Committee of 25 th Pan Pacific Congress, we invite all the delegates to bring along the spouse and family with the intention that both professional development and leisure can be done simultaneously while enjoying Bali s unique culture and natural beauty, also known as Island of Paradise. We look forward to meeting you in Bali Indonesia Society of Appraisers (MAPPI) Hamid Yusuf President
3 Welcome to 25th PPC,Bali We are pleased to invite you to be a part of 25th Pan Pacific Congress, which will be held in Bali September Highlighting the reality of today s global economy, the main theme of the Congress is Financial Crisis, Global Uncertainty and Borderless Competition. This biennial international event will highlight a 50 year tradition of cross border relations among 500+ professionals surrounding the Pacific Rim which consists of 14 countries and growing in numbers of participating countries. The congress will be opened by the Vice President of the Republic of Indonesia* and followed by Opening Speech from our Minister of Finance*. The Chair of International Valuation Standards Council (IVSC) Board of Trustee is invited to give the keynote address, during which he will speak about The Professions Challenges in the Next Decade Lessons learned from the financial crisis. Delegates will also learn from the specially invited international speakers, speakers from member association and representatives of the Central Bank, the Stock Market Supervisory Agency and the Indonesian Capital Market. See you in 25th Pan Pacific Congress 2010 in Bali. 25 th PPC Organizing Committee Rengganis Kartomo Chair
4 Date and Congress Venue The event will be held on Monday to Thursday, September It will take place in Bali International Convention Center (BICC) The Westin Resort Nusa Dua, Bali. Congress Theme Financial Crisis, Global Uncertainty and Borderless Competition The Professions Challenges in The Next Decade. Opening Ceremony By the Vice President of the Republic of Indonesia, Prof. Dr. Boediono, M.Ec.* Opening Speech By the Minister of Finance of the Republic of Indonesia, Dr. Sri Mulyani Indrawati* Keynote Speech The Professions Challenges in the Next Decade By Chairman of IVSC Board of Trustee. Plenary Session Examining the Current State of the Global Property Market Property Valuation in Uncertain Economic Condition Valuation Needs, Trends and Issues in the aftermath of the Crisis Concurrent Session Hot Topics Valuation for IFRS Compliance Purchase Price Allocation Financial Instrument Valuation Valuation for Financing Purpose Intangible Asset Valuation Detrimental Asset Valuation Land Compensation Valuation Green Building Valuation & Consulting Best Practice Discounted Cash Flow Model Public Sector Asset & Infrastructure Valuation Valuation of Agriculture & Forestry Assets Mining Asset / Extractive Industries Valuation Fairness Opinion * waiting for confirmation
5 Forums: Indonesian Capital Market Indonesia Capital Market and Financial Institution Supervisory Agency (Bapepam LK), Indonesia Stock Exchange (BEI), Indonesian Institute of Accountants (Perbanas), Indonesian Public Listed Companies Association (AEI) Indonesian Banking Sector Bank Indonesia (BI), Indonesian Bank Association (Perbanas), Indonesian Risk Professional Association (IRPA) Public Sector Asset Management Directorate General of State Assets Management (DJKN), Department of Home Affairs (Departemen Dalam Negeri), Association of City/Regional Governments of Indonesia, The Indonesian Governmental Accounting Standards Committee (KSAP) Total of 40 papers will be discussed during the3 day congress. Participating Member Associations Indonesian Society of Appraisers Korea Association of Property Appraisers Korea Appraisal Board Japanese Association of Real Estate Appraisal Japan Association of Real Estate Counselors Australian Property Institute Appraisal Institute of Canada Appraisal Institute (US) China Institute of Land Appraisers Federation of Colleges, Institutes and Societies of Valuation in Mexico Counselors of Real Estate Property Institute of New Zealand Singapore Institute of Surveyors and Valuers (SISV) The Institution of Surveyors, Malaysia (ISM)
6 Program at Glance
7 Technical Tour Tour A Nusa Dua Tourism Resort and Tanjung Benoa Area BTDC Lying on 300 hectares land, this area owns the most complete tourism facilities in Bali and Indonesia like five star hotels, luxury accommodations, villas, convention hall, shopping center 18 hole international golf course and beautiful beaches. Tanjung Benoa Tanjung Benoa over the years has developed into a major player in the tourism sector with the development of marina and some popular resort hotels. Cruise Dinner* As the sun goes down we set off on a relaxing cruise around the harbour. Entertained by live music, savour a delicious international buffet dinner, then dance the night away or enjoy the live cabaret show. *optional tour Tour B Garuda Wisnu Kencana and Pecatu Indah Resort GWK A cultural park sets on 260 hectares of land with magnificent backdrop of Garuda Wisnu Kencana crafted in the rocky hill on the southern tip of Bali. Pecatu Indah Resort Sets on 400 hectares on Bali s famed south western coast, Pecatu Indah Resort is Indonesia s largest fully integrated resort development, completed with an 18 hole championship golf course.
8 Tour C Ubud Green School One of the most amazing schools on earth which is striving to have the lowest carbon footprint through use of bamboo and rammed earth for its buildings, growing its own food in its gardens, and plans to generate its own power from the river. Bambu Indah Bambu Indah or beautiful bamboo is known as among the view of luxury hotel with green sustainable concept and comprised of seven unique Javanese houses. These Javanese houses come from more than a century ago and preserved as part of the national heritage. Tour D Tanah Lot, Tabanan Tanah Lot Tanah Lot means "Land in the Sea" in Balinese dialect. On the western coast of Bali, the temple sits on a large offshore rock which has been shaped continuously over the years by the ocean tide. Bali Nirwana Resort A 110 hectares integrated resort development comprised of 5 star hotel, 18 hole golf course, resort villas and timeshare resorts. Subak Irrigation System Subak is a local cultural asset which have meritorious in developing and improving agricultural rice field production, especially rice and traditional irrigation system. Gala Dinner Will be held at D Klapa Club Dreamland beach, one of the most beautiful and sought after beach by the surfers. Enjoying the beautiful sunset, cool breezes and the exquisite ocean view on the cliff while seeing Kecak Dance and live performance.
9 Registration Fee Delegate Category Before June 27, 2010 Before or On August 27, 2010 After August 27, 2010 International US$ 500 US$ 550 US$ 600 Indonesia MAPPI member Rp 3,000,000 Rp 3,500,000 Rp 4,000,000 Non MAPPI member Rp 4,000,000 Rp 4,500,000 Rp 5,000,000 Accompanying Delegate International US$ 250 US$ 275 US$ 300 Indonesia Rp 1,500,000 Rp 1,750,000 Rp 2,000,000 Registration fees for delegates include welcome reception, lunches, coffee breaks, technical tour, farewell dinner, closing ceremony and congress kit. Registration fees for accompanying person include welcome reception, technical tour, and farewell dinner. *details will be informed further Organized by Supported by MAPPI Indonesian Society of Appraisers Ministry of Finance of the Republic of Indonesia For further information: Indonesian Society of Appraisers (MAPPI) Wisma Penilai Jl. Kalibata Raya Kav E Jakarta, Indonesia p f Contact persons: Dewi Sri Umi ( sriumi_dewi@ppc2010bali.com ) Vivien Heriyanthi ( vivien@ppc2010bali.com ) Shamira ( secretariat@ppc2010bali.com ) Call at
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