The Italian Chamber of Commerce in Hong Kong and Macao is pleased to present: TRUE ITALIAN TASTE – A sensory journey: The Olive Oil Experience, a dedicated event within the project TRUE ITALIAN TASTE, organized as part of the campaign “The Extraordinary Italian Taste”. The campaign is promoted and financed by the Ministry of Foreign Affairs and International Cooperation and implemented by Assocamerestero in collaboration with Italian Chambers of Commerce abroad.

TRUE ITALIAN TASTE is an initiative that aims to raise awareness on the benefits derived from the use of authentic Italian DOP (PDO – Protected Designation of Origin) and IGP (PGI – Protected Geographical Indication) agri-food products. In doing so, the project hopes to support makers of certified Italian products while showcasing the healthy qualities of Italian food.

Olive oil is one of the healthiest and oldest oils, pillar of the Italian and Mediterranean cuisine, and it is an omnipresent ingredient in every kitchen. There is so much that can be said, and yet so little is known about it.

How is olive oil made and how many varieties are there? How should you taste and use olive oil? 

During the Masterclass, an olive oil expert will present and take our guests on an extraordinary journey discovering 2 different Italian Olive Oils from 2 different regions, respectively from Sicily and  Apulia. 

Participants will learn through this exclusive online Masterclass the secrets behind this superb ingredient – including its health-giving properties and the importance of recognizing the authenticity of the Italian Olive Oil.

SMEs operating in the APAC region, and particularly in south-east Asia, are witnessing an increased gap between unmet demand and inaccessible trade finance.

According to the Asian Development Bank, the current trade finance gap, or the amount of requested trade finance that is rejected, is estimated at $1.5 trillion globally.

New Economy businesses operating in Asia – especially during the pandemic – face long credit terms between production and shipment to customers, and have too few options for financing their sales cycle through the banking system.

Our Chamber is pleased to present you this webinar, in collaboration with Fidinam and Currenxie, on Wednesday, September 30th. Our speakers will provide a presentation on how APAC based Fintech startups are trying to bridge this gap, providing a wide range of trade finance services ranging from invoice factoring & discounting to eCommerce loans and revolving credit line.

Register now to learn the different solutions for SMEs seeking methods to finance their operations.

ABOUT THE SPEAKERS

Filippo Buzzi, Head of Italian Desk, Head of Blockchain Desk at Fidinam (Hong Kong) Limited

During his career, Filippo has worked in Switzerland, United Kingdom, Mainland China and finally Hong Kong. After graduating at University of Trieste in Italy, he studied in both London (University of London) and Amsterdam (IBFD) where he has built his competence in international taxation. Filippo is bilingual in Italian and English.

Pierre Garnier, Head of Trade Finance at Currenxie Limited  

Pierre oversees eCommerce financing at Currenxie. An experienced trade finance executive and trained banking auditor, he has spent 15 years in Asia, 9 of which were in Guangzhou advising MNCs on their Foreign Direct Investment strategies into China. He moved to Hong Kong in 2012 as Chief Representative for CIC, a major French Banking Group. He holds a Masters degree in Finance from University Paris – Sorbonne.

The concept of permanent establishment (“PE”), first introduced in the 1940s, has not been mentioned frequently in Hong Kong as the taxability of profits has relied on the question of the source of profits. After the launch of Base Erosion and Profit Shifting (BEPS), a project by the Organization for Economic Co-operation and Development, the definition of PE has a new chapter internationally. The enactment of Inland Revenue (Amendment) (No.6) Ordinance 2018 has also brought the international standard to life in Hong Kong.

Would this change of definition of PE bring more controversy or settlement of tax issues?

The Italian Chamber of Commerce, in collaboration with Ernst & Young, is glad to present this webinar that will provide insights on the change of meaning of PE in Hong Kong and its tax implications. Our experts will deepen the impact of the new definition to Hong Kong resident and non-resident companies, comparing the PE and enforcement in the Asia Pacific region.

ABOUT THE SPEAKERS

Wilson Cheng, Partner, Greater China Tax Controversy Co-Leader Hong Kong Tax Controversy Leader, EY

Wilson is a Tax Partner in Hong Kong, with more than 20 years of Hong Kong corporate tax and transaction tax experiences.  He provides tax advisory and compliance services to conglomerates, listed companies as well as US and European-based multinational corporations.

His tax experiences include group structure rationalization, tax due diligence review, pre-acquisition tax structuring advice, cross-border transaction planning and compliance, IPO review and restructuring as well as tax accounting advice.  He has extensive experience in dealing with Hong Kong tax authorities, for example assisting corporations in settling pro-longed tax disputes on contentious tax issues.  More recently, he advised his clients on tax-efficient procurement model and structure, withholding tax planning as well as the application of tax resident certificate for tax treaties between Hong Kong and overseas jurisdictions.

Sangeeth Aiyappa, Director, Transfer Pricing, Greater China, EY

Sangeeth has over 14 years of transfer pricing experience with Ernst & Young, with significant experience in Greater China, OECD and other Asian based transfer pricing documentation and planning.

Sangeeth has been involved in a wide range of transfer pricing projects covering tangible, intangible and service transactions. Her project experience includes the evaluation of inter-company pricing policies for planning and compliance purposes, defence documentation, documentation for advance pricing arrangements and setting up systems for accurate service cost allocations.

She has extensive experience with tax planning and cross-border tax structuring projects with respect to the restructuring of principal structures, evaluating alternative operating models and redesigning transfer pricing policies/models.

LA PERLA is delighted to invite The Italian Chamber of Commerce Members to celebrate the Maison 25th Anniversary!

On Wednesday, October 21st, join us at LA PERLA store in Harbour City and discover the MAISON, LA PERLA’s most treasured and timeless collection made with Italian silk satin, a true expression of revolutionary craftsmanship and luxurious quality.

End you week with the best lingerie shopping and receive an exclusive voucher of *HKD500 upon every HKD5,000 purchase and a complimentary gift, a LA PERLA silk-made eye mask. (**The image is for reference only)

RSVP now to secure your spot. 

Terms & conditions

• Voucher is valid at LA PERLA Hong Kong boutiques only.
• Voucher is applicable for regular-priced products only.
• Voucher can only be used ONCE per customer.
• Voucher is not exchangeable for cash.
• The complimentary gift can redeem upon any purchase 
• In case of any dispute, the decision of LA PERLA Far East Ltd shall be final.

The Honourable Mrs Carrie Lam Cheng Yuet-ngor, the Chief Executive of the Hong Kong Special Administrative Region, will deliver her Policy Address to the Legislative Council in October.

Every year, the Hong Kong business community hosts a luncheon for over 1 000 executives to hear the Chief Executive elaborate on the Policy Address. Unfortunately, due to COVID-19, this is not possible this year. However, we are deeply honoured that Mrs Lam has accepted our invitation to speak to the Hong Kong business community via Zoom on 9 November. Attendees will be able to hear Mrs Lam explain the priorities of her latest Policy Address, and learn more about her initiatives to support the economy and people’s livelihoods during this challenging time.