News
May 18, 2011
MCH Swiss Exhibition (Basel) Ltd., a MCH Group subsidiary, announced it will acquire a 60-percent stake in Asian Art Fairs Limited, the organizer of the Hong Kong International Art Fair (ART HK). The deal will be completed July 1, and the MCH Group has the option of acquiring the remaining 40 percent shares in Asian Art Fairs Limited in 2014. No financial details were disclosed.
ART HK, an annual event launched in 2008, has grown into one of the largest art fairs in Asia, attracting international galleries, collectors, curators and museum directors. ART HK 2011 will be held May 26-29 at… more
May 18, 2011
NASDAQ-listed Global Sources recently released its results for the quarter ended 31st March 2011. Revenues were $37.5 million, up 5.6 percent, compared with the $35.5 million recorded in the same quarter in 2010. Net income in the period was $3.5 million – a year-on-year decrease of 4.3 percent from $3.7 million in 2010. Diluted earnings per share in the quarter were $0.10.
The Hong Kong-based company generated revenues of $27.2 million from its online business – 73 percent of total revenues – that is a 17-percent jump, compared with the $23.2 million recorded… more
May 18, 2011
The biannual China Import and Export Fair (Canton Fair), organized by the China Foreign Trade Centre and Ministry of Commerce (MOFCOM), concluded with a reported 207,000 international visitors - a 5.8-percent increase, compared with more than 2010, setting a new record high. According to the organiser, the fair reportedly facilitated $36.8 billion worth of trade deals.
Organisers claimed trade with the Middle East dropped 11 percent in terms of volume due to the political unrest in that region.
Visitor numbers from Libya plummeted 80 percent and numbers from Egypt and Tunisia also were… more
May 10, 2011
In April, nine exhibitions focusing on various industries were held and thousands of exhibitors and visitors gathered for business and networking at China’s Zhengzhou International Convention & Exhibition Centre.
Among the nine exhibitions held last month, three of them were new exhibitions held at the ZZICEC for the first time.
The new shows were the China Zhengzhou Baking Exhibition, China Zhengzhou Food Ingredient, Additive and Equipment Expo and China Zhengzhou Food Preservation, Freezing Technique Exhibition.
“Our strategy is to expand our event portfolio by… more
May 09, 2011
When the 9th edition of Glasstech Asia opens its doors Nov. 23-25 at Indonesia’s Jakarta International Expo, the show is poised to continue the growth streak it’s been on for the past few years.
The event is jointly organized by Conference & Exhibition Management Services Singapore, the Singapore Glass Association and the Indonesia Flat & Safety Glass Association and has the support of glass associations from Malaysia, Vietnam, Thailand, the Philippines, the United Kingdom, U.S. and Italy.
“Glasstech Asia has seen increasing number of exhibitors and visitors… more
May 09, 2011
CommunicAsia2011, an exhibition for the global infocomm industry in the Asia-Pacific region, still is a few months away, but there are a lot of first-time exhibitors willing to place their bets on the event on tap June 21-24 at the Marina Bay Sands.
“CommunicAsia provides exhibitors a golden opportunity annually to display their innovative technologies and solutions, in addition to offering visitors from around the world a platform to keep track of the latest technologies and market development trends,” said Jason Wang, vice president of FiberHome international technology,… more
May 09, 2011
It’s a busy time at South Korea’s BEXCO, the Busan Exhibition and Convention Center, with visits by international inspection teams of large conventions that are scheduled to be held there.
The inspection teams consist of not only the working-level staff, but also high-level officials, such as the presidents of world federations and the presidents of the organizing committees.
There are several large convention teams who have had recent site inspections at BEXCO, including the 95th Lions Club International Conference in 2012; the 27th IUSSP International Population… more
May 09, 2011
UBM India will launch a new event next month - the inaugural IFSEC South India will take place June 1-3 at the Bangalore International Exhibition Centre. The event will showcase new developments, products and technologies in the fire and security equipment industry, and it is supported by the Indian chapter of the Asian professional Security Association (APSA).
A variety of product categories will be on show, including access control, intruder alarms and CCTVs. The company reports that more than 120 exhibitors will participate in the trade show, including a significant number from… more
May 09, 2011
The Thailand Convention and Exhibition Bureau (TCEB) has announced plans to promote five events in key industries to boost the country’s MICE status in the region. The events will be promoted under a new marketing campaign “Better the Best.” TCEB officials said VIV Asia, BIG & BIH, Renewable Energy Asia, ProPak Asia and Metalex were ranked as top five shows in 2010 in terms of highest visitor count or other key metrics.
TCEB’s latest campaign will focus on Thailand’s core industries of gifts & decorative items, renewable energy, machine tools… more
May 09, 2011
Shanghai-based NürnbergMesse China, a subsidiary of NürnbergMesse Group in Germany, has announced the launch of a new automotive trade show in partnership with the Society of Automotive Engineers of China (SAE-China). The exhibition, the International Exhibition for Automotive Engineering and Manufacturing (FISITA 2012 Exhibition), will be a three day event and will take place from the Nov. 27-29, 2012, in Beijing.
The biennial event will be held alongside the FISITA 2012 World Automotive Congress, which is organized by the Fédération Internationale des Soci… 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.