News
Aug 26, 2014
NASDAQ-listed Global Sources released its financial results for the quarter ended June 30 2014. Revenues in the quarter were US$58.3 million, a year-on-year decrease of 5%.
Net profit attributable to shareholders was US$7 million in the period, a drop of 58% from 2013.
Global Sources’ revenues from exhibitions were US$32.4 million, down 2.7% compared with last year, and accounted for 56% of total revenues.
Online business accounted for 36% of total revenues, which amounted to US$20.8 million. Online revenues were down 8% vs. last year. Revenues from print services were down 14% to US$3.0… more
Aug 26, 2014
In step the rising interest in China for high-end home textile products, a greater focus is placed on design-related events and exhibitors at this year’s Intertextile Shanghai Home Textiles.
Taking place Aug. 27-29 at the Shanghai New International Expo Centre, around 1,350 exhibitors from 31 countries and regions will fill 13 halls and 150,400 square meters.
Looking to take advantage of the demand in China for premium products at the fair is a number of the industry’s top editors, including Designers Guild, JAB and LaCanTouch, which represents the CASADECO, Flordelis, Jean… more
Aug 26, 2014
Kuala Lumpur will chalk up another notch of “firsts” with the upcoming 2014 Toastmasters International Convention, set to be held Aug. 20-23 at the Kuala Lumpur Convention Centre.
For the first time in its 90-year history, Toastmasters is holding its International Convention outside of North America and across the globe in Kuala Lumpur, Malaysia.
This convention, which targets 2,000 participants from around the world, is estimated to generate RM32.4 million in economic impact for Malaysia.
According to Zulkefli Haji Sharif, CEO of Malaysia Convention & Exhibition Bureau (MyCEB), “The… more
Aug 26, 2014
UBM Sinoexpo, a joint venture subsidiary of UBM in China, recently concluded six co-located shows occupying all 17 halls at the Shanghai New International Expo Centre (SNIEC). The shows included Healthplex & Nutraceutical China (HNC) and Fi Asia-China, a food ingredients show. UBM Asia reported a total of more than 3,000 exhibitors participated in the shows which were held from 26th to 28th June 2014.
According to UBM, the co-located shows drew more than 63,300 visitors from 131 countries and regions, up 10% compared with 2013. The food-themed shows together featured more than 900… more
Aug 26, 2014
German exhibition organiser, Messe Friedrichshafen, will partner with the organiser of Airshow China, Zhuhai Airshow Co., Ltd., to launch a general aviation trade show – AERO Asia. The inaugural edition of AERO Asia will be held from 28th October to 1st November 2015 on the fairgrounds of Zhuhai Airport.
AERO Asia will be held biennially in alternate years to Airshow China, which is in its 10th edition this year and organised on every even-number year. Messe Friedrichshafenhe, organiser of AERO Friedrichshafen in southern Germany, also organises a number of other events in China including the… more
Aug 26, 2014
The Malaysian Convention and Exhibition Bureau (MyCEB) is targeting to attract more MICE events and visitors to the country and aims to generate 8% of Malaysia’s business tourists by 2020 – up from the 5% or 80,000 visitors recorded by the bureau in the past year.
MyCEB was established in 2010 by the Malaysian Ministry of Tourism. The bureau is tasked with assisting local and international meetings and event planners to bid for, secure and stage their events in Malaysia. According to MyCEB, the bureau has secured 92 bids for MICE events from January to June this year. MyCEB estimates the… more
Aug 26, 2014
Last week, Dalian Northern International Exhibition Co., Limited (DFB Expo) began trading on the National Equities Exchange and Quotations (NEEQC), an “over-the-counter” board based in Beijing. DFB’s ticker is 831023.
The NEEQC acts as an alternative “third board” to the Shenzhen and Shanghai Stocks Exchanges. The NEEQC offers over-the-counter (OTC) trading - an alternative means for small- and medium-sized enterprises (SMEs) to gain financial backing. The minimum threshold for listing on the OTC is lower than those required on China’s two main stock exchanges.
Headquartered in Dalian, DFB… more
Aug 25, 2014
Recent labor changes at the Pennsylvania Convention Center already are paying off, with the Philadelphia-based American Association for Cancer Research selecting its hometown for its 2015, 2019 and 2024 Annual Meetings.
The AACR Annual Meeting will take place April 18–22, 2015, at the SMG-managed center and will be the largest meeting held in the city next year.
“Philadelphia was a natural choice for our 2015 Annual Meeting,” said the AACR’s CEO Margaret Foti, PhD, MD (hc). “The city is not only our hometown, but it is also an epicenter for groundbreaking cancer… more
Aug 25, 2014
MEDICAL WORLD AMERICAS (MWA) will pair up with two collocation partners for the upcoming 2015 conference and expo April 27-29 at the George R. Brown Convention Center in Houston.
The American College of Healthcare Executives Southeast Texas Chapter (ACHE-SETC) will hold its annual educational meeting at MWA and will integrate into the overall conference programming by offering valuable CEU’s to attendees.
Vendome Group’s Healthcare Design Academy also will collaborate with MWA and offering business intersections between attendees through this collocation.
“We are thrilled that… more
Aug 25, 2014
The District of Columbia Dental Society (DCDS) selected SmithBucklin to provide full-service association management.
Founded in 1866, DCDS is the professional dental association of the nation's capital, representing more than 600 dentists, oral surgeons and dental professionals.
DCDS promotes the growth of the dental profession through educational programming, advocacy for its members and raising the oral health literacy of the D.C. community. The society is a chapter of the American Dental Association.
Doug Fesler, who works for SmithBucklin in the Healthcare + Scientific Industry Practice,… more
Partner Voices
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.