600 Exhibitors Attend MIFF in Malaysia

March 19, 2019

Malaysian International Furniture Fair (MIFF), Malaysia’s largest furniture fair, celebrated its 25th anniversary this year. Some 600 exhibitors from 14 countries and regions attended the exhibition this year.

 

Running from 8th to 11th March, MIFF was held at two separate venues in Kuala Lumpur, Malaysia International Trade and Exhibition Centre (MITEC) and Putra World Trade Centre (PWTC). According to the organiser, UBM Malaysia (a subsidiary of Informa Global Exhibitions), pre-registered international buyers increased by 10% at this edition with strong numbers from North America, Africa and Eastern Europe.

 

Datuk Dr Tan Chin Huat, MIFF Founder and Chairman, commented, “MIFF will build on its strong legacy as a partner to the local industry to expand exports and drive growth and prosperity for all. We will increase our engagement with exhibitors and partners to ensure MIFF sustains its position as a unique trade show. We must work closer than ever because our future success depends on how well we can create new opportunities, new customers and new ways to bring innovative products to the market.”

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MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.    Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.    Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.   The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.    MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.     MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.