Space sold at Asian trade fairs in 2017 grows faster than forecast

Paris/Hong Kong, 9th August: UFI, The Global Association of the Exhibition Industry, released the 14th edition of its Trade Fair Industry in Asia annual report, covering 17 markets including Greater China and Southeast Asian markets, Japan, Korea, India, Pakistan, Australia, Cambodia and Myanmar. The report provides complete data on these regions up to 31st December 2017, with additional figures and commentary on likely trends for the following year.

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First Asian MICE Cruise Conference to be held at IT&CMA

Bangkok, 3rd August: The first Asian MICE Cruise Conference will be held as part of IT&CMA 2018 on 18th September. Industry leaders are expected to gather at the conference. It will include a panel discussion led by cruise CEOs as well as an exchange on the case for forecast growth of MICE cruises. The conference will address a wide variety of other topics and it will offer networking opportunities at hosted breakfasts, coffee breaks and luncheons.

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BOL’s revenues up 14% in Q2

Bangkok, 6th August: Earlier this week, Business Online (BOL), a leading online information service provider in Thailand, reported its financial results for the quarter ended 30th June 2018. Revenues in the quarter grew 14%, reaching US$3.7 million. The company posted net income of US$945,000, an increase of 12% year-on-year. The company attributed the increase in revenues to the strong performance of its information services business as well as revenues from special one-off projects.

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Sino Splendid reduces loss in first half

Hong Kong, 8th August: Hong Kong-listed Sino Splendid (formerly China.com) has recently released its results for the six-month period ended 30th June 2018. Revenues in the first half were US$5.3 million, a year-on-year decrease of 2.2%. The company attributed the slight decline to weaker performance from its Travel Media Business and Financial Magazine Business. The company reduced its loss to US$1.9 million compared with a loss of US$22 million in the same period in 2017.

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CCID’s revenues up 25% in first half

Beijing, 2nd August: CCID Consulting, an IT research and information service provider in China, posted revenue growth of 25% in the first half of 2018 amounting to US$9.3 million. Profit in the six-month period was US$317,000, compared with a loss of US$1.3 million recorded in the same period in 2017. Earnings per share in the period were RMB 0.0035 (US$0.0005).

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