The 14th Edition of the ICCS Business Awards in Singapore celebrates three exceptional winners in 2023
The Italian Chamber of Commerce in Singapore (ICCS) has announced the winners of the 14th Edition of the ICCS Business Awards. The 2023 winners have excelled in their respective fields and championed the essence of “Made in Italy.” They are: MerMec (www.mermecgroup.com): has demonstrated its prowess by securing and successfully operating three Infrastructure Diagnostic Railcars and various systems installed on […]
Algebra joins the Italian Chamber of Commerce in the Philippines and the Italian Chamber of Commerce and Industry in Australia.
We proudly announce our membership in two business chambers, the Italian Chamber of Commerce in the Philippines and the Italian Chamber of Commerce and Industry in Australia. These two steps are part of Algebra’s commitment to enhancing its presence in the Asia Pacific region and strengthening ties with the Italian business community. With a deep understanding of business dynamics and a strong track […]
Fiera Milano’s second edition of FIND
Following the first edition’s success, Fiera Milano will organize in Singapore for the second edition of FIND – Design Fair Asia, the leading event in Asia for the design and furniture industry. The fair will showcase the latest innovations in contemporary design from September 21 to 23, 2023, at the Marina Bay Sands Expo and Convention Centre in Singapore, featuring innovative and […]
Algebra at Go International Exhibition in Milan
We are happy to announce that we will participate in the upcoming Go International exhibition from October 11th to 12th, 2023, at the Allianz Mico in Milan. The event, organized in collaboration with Aice, the Italian Foreign Trade Association, is a prime opportunity for Italian businesses seeking to expand their international reach. The Go International exhibition aims to […]
Get ready for the GST Changes from 1st January 2024
As we approach 2024, companies should prepare for the upcoming change in the GST rate starting January 1, 2024. The rate will increase from 8% to 9%, which is the final step of the dual rate increment mentioned in the 2022 budget. Just like last year, we’re here again to explain the main changes and […]
Breaking Boundaries Italian Embassy’s Success in Resuming Pork Imports to Singapore
The recent development regarding importing made-in-Italy pork-based products into Singapore marks a significant achievement for the Italian Embassy. Through collaborative efforts, the Embassy has successfully contributed to lifting the ban on these products, opening up new opportunities for Italian food products in the Singaporean market. This positive outcome not only underscores the diligent work of […]
Celebrating Promoitalia Group Spa’s Grand Opening of Their First Asian Office
Algebra is delighted to extend our heartfelt congratulations to Promoitalia Group Spa, the global leader in the medical-aesthetic sector, on the grand opening of their first Asian office in Singapore on July 3rd. This remarkable accomplishment signifies Promoitalia’s commitment to innovation and dedication to expanding the reach of Italian excellence. Their new office, nestled within […]
Exploring the Singapore Fintech Regulatory Sandbox
In the ever-evolving financial technology landscape, Singapore has emerged as a global frontrunner in fostering innovation while upholding regulatory integrity. At the heart of this paradigm shift lies the Monetary Authority of Singapore (MAS), the country’s central bank and financial regulatory authority. We’re excited to delve into Singapore’s trailblazing approach with a focus on its […]
Taxation of dividends from blacklisted countries to individual residents in Italy
The taxation of dividends from companies resident in blacklisted countries in Italy is regulated by Article 47-bis of the Italian Tax Consolidation Act (TUIR) and various legislative decrees and circulars issued by the Italian Revenue Agency. Two situations are considered: when the foreign company is controlled by an Italian participant and its effective taxation is […]
IEG Asia successfully organized the International Coffee & Tea Asia Expo and Café Asia 2023
After acquiring CEMS and establishing its Singapore office, IEG Asia successfully organized its first event, the International Coffee & Tea Asia Expo and Café Asia 2023. This trade show took place from May 25 to 27, 2023, at the Sands Expo and Convention Centre in Singapore, attracting over 10,500 visitors and featuring over 200 exhibitors from around 30 countries. Attendees had the opportunity to explore […]
