News
Feb 05, 2012
Despite a tough global economic climate, Pico Far East Holdings had a successful year, reporting earnings results for year-end Oct. 31 of not only turnover that increased 14.1percent to a record HK$3.5 million, but also profit attributable to owners of the company that increased 29.2 percent to a record HK$248 million.
In addition, gross profit jumped from HK$880,352 to $HK1.04 million.
“The improvements in our results are due to our entrepreneurial and creative culture that enables our people to pursue initiatives swiftly and develop them into business opportunities and revenue,… more
Feb 05, 2012
Exhibitions in Hong Kong continue to draw significant numbers of attendees – the latest being the Hong Kong Trade Development Council and Messe Frankfurt’s Hong Kong International Stationary Fair.
The exhibition, which ran Jan. 9-12 at the Hong Kong Convention and Exhibition Centre, drew 15,000 visitors, up 4 percent, compared with last year.
Domestic visitors numbered 7,441, a rise of 10 percent, and more than 8,100 international visitors from 117 countries and regions came, mainly from Australia, the Chinese mainland, India, Japan, Korea, Malaysia, the Philippines,… more
Feb 05, 2012
Phoenix-based Viad, the parent company of Las Vegas-based Global Experience Specialists, recently posted fourth-quarter and year-end earnings results, with full-year revenues of $942.4 million, an 11.6-percent increase from the same period during 2010.
Fourth-quarter company revenues also saw upticks from $186,965 in 2010 to $197,407 in 2011, a 5.6-percent increase.
Viad also closed out 2011 with net income from continued operations of $8.8 million.
The company’s marketing and events group, which has been impacted in the past few years by the global recession and GES is a part of,… more
Feb 05, 2012
Thailand will be the home for yet another internationally branded exhibition, with Mack Brooks Exhibitions bringing its global Fastener Fair brand Sept. 6-8 to the Bangkok International Convention & Exhibition Centre.
Fastener Fair Thailand 2012will feature the latest technological innovations and cost-effective solutions for the automotive, electronics, infrastructure, airport and general manufacturing industries, with 120 international and local exhibitors, several international pavilions and an estimated 5,000 trade visitors.
One of the pillars of Thai industry is automobile… more
Feb 05, 2012
Trade Show News Network wants to know if you think you’re show could make the prestigious TSNN Top 250 Trade Show List for U.S.-based shows?
Please submit at http://www.tsnn.com/top250 - the deadline is Feb. 28.
TSNN is proud to present valuable data to the industry, which is based on in-depth information provided by show organizers about their events.
This online resource is the culmination of years of compiling and analyzing data, and allows TSNN to provide real-time information on key metrics and benchmarks for the exhibition industry.
The lists ask for the 2011 show’s name… more
Feb 05, 2012
The 2012 edition of OFFSHORE WIND CHINA will reportedly cover 25,000 square meters of exhibition space, double the size of last year’s edition. OFFSHORE WIND CHINA 2012 is jointly organised by the Chinese Renewable Energy Industries Association, Chinese Renewable Energy Industries Committee and Shanghai International Exhibition Co, and will run from May 30 to June 1 at the Shanghai New International Expo Center (SNIEC) and Kerry Hotel Pudong of Shangri-La.
According to organisers, the three-day trade show ranks first and second in Asia and worldwide respectively in the offshore wind… more
Feb 05, 2012
The U.S. government is finally taking steps to simplify the U.S. visa application process. On Jan. 19, President Obama signed an executive order with the aim of the reducing paperwork and time required to process visas. The executive order specifically sets out to reduce the waiting time of applicants from China and Brazil. It also eliminates the need for Taiwanese to apply for U.S. visas.
The move will provide a clear benefit to the U.S. economy as it will be easier for millions of tourists and business travellers to enter the U.S. This also has wide ranging benefits for the U.S. exhibition… more
Feb 05, 2012
The Hong Kong Trade Development Council (HKTDC) welcomed the latest budget from the Hong Kong government which features several measures aimed at bolstering the city’s small- and medium-sized enterprises (SMEs). The 2012 budget warned of an uncertain global economic outlook and included promises to: waive business registration fees, reduce charges for import and export declarations and profits taxes.
According to the HKTDC’s economists, the total value of the territory’s exports will be limited to 1 percent growth this year. The HKTDC will increase its efforts in promoting… more
Feb 05, 2012
The Brisbane Convention & Exhibition Centre (BCEC) has officially unveiled its latest US$149 million expansion. Managed by international venue management group, AEG Ogden, the venue was expanded by 25,000 square meters and will provide more than 50 percent of additional convention space. Management are expecting a minimum of 300 additional events will be held annually, in addition to the 1,000 existing events held at BCEC each year.
Located in the central business district on Grey Street, the expanded BCEC now consists of 44 meeting rooms, which includes three stand-alone tiered… more
Feb 01, 2012
In an effort to streamline operations and save costs, Chicago Mayor Rahm Emanuel announced a plan to combine the Chicago Convention & Tourism Bureau and Chicago Office of Tourism and Culture, naming current CVB head Don Welsh president and CEO of the new entity.
Joining the two organizations not only is meant to save $1.3 million in administrative costs that will be reinvested in national and international marketing campaigns, but also sets a goal of attracting 50 million visitors per year by 2020, resulting in nearly $4 billion a year in additional annual revenues for Chicago’s… 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.