IEG Asia acquires F&B events from Montgomery Asia

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Singapore, 26th December: International exhibition organiser, the Italian Exhibition Group Asia (IEG Asia) has announced the acquisition of several food and beverage (F&B) events from Montgomery Asia. Financial details were not released.

The acquired F&B events are the Speciality Food & Drinks Asia, Speciality Coffee & Tea Asia and Food2Go. The three events will be held from 26th to 28th June 2024 at the Sands Expo & Convention Centre in Singapore, and will be co-located with the inaugural edition of SIGEP Asia – the International Trade Show of Artisan Gelato, Pastry, Bakery, Coffee & Tea, and also with the 5th Restaurant Asia – the International Restaurant Kitchen and Culinary Equipment & Supplies Exhibition.

KLCC hosts 1,724 events in 2023

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Kuala Lumpur, 19th December: The Kuala Lumpur Convention Centre (KLCC) concluded 2023 announcing that the venue hosted a total of 1,724 events during the year, which is its highest figure since 2014.

During the year, a total of over 1,340,000 delegates visited KLCC, including both international and Malaysian visitors. This activity reportedly generated an estimated US$142 million in economic impact for Malaysia, which is more than double of the figure in 2022. In terms of KLCC’s revenues, conventions contributed 26% of the total figure in 2023, exhibitions were 28% and corporate events (including banquets and functions; meetings and events) accounted for 46%.

SIGGRAPH Asia 2023 concludes in Sydney

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Sydney, 20th December: Organised by Koelnmesse Pte Ltd and ACM SIGGRAPH, SIGGRAPH Asia 2023 attracted 5,690 attendees from more than 40 countries and featured 30 exhibiting brands.

The conference and exhibition was held at the International Convention Centre Sydney (ICC Syndey), with the conference running from 12th to 15th December 2023, and the exhibition from 13th to 15th December 2023, presenting the latest developments in the computer graphics (CG) industry.

DMO Osaka Umeda aims to attract more events

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Osaka, 2nd January: Businesses in Osaka agreed to establish DMO Osaka Umeda with the aim of attracting more business events to Osaka’s Umeda area.

A total of 34 different businesses, including hotels, commercial facilities, and event halls joined together to form DMO, promoting itself as an attractive destination for incentives tours to the Kyoto-Osaka-Kobe region. DMO is targeting markets in East Asia and Southeast Asia. In the medium- to long term, DMO plans to attract large-scale business events of about 100,000 attendees.

Quick takes

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Jack Ma officially relinquishes control of ANT

ANT Financial has restructured is shareholding which has reduced Jack Ma’s stake from 54% to 6%. This is seen as a necessary step to clear the way for ANT’s IPO which was cancelled after Jack criticised Chinese regulators in a 2020 speech.

Trip.com’s key trends for 2024

Interestingly, the trends include: China’s border reopening sparks global travel surge, AI takes centrestage in predictive planning for 2024, Music festivals and theme parks lead the way, and the rise of sustainable travel and event tourism in 2024.

Asian governments continue to remove visa hurdles

In order to smooth the way for more business and leisure visitors, many governments in Asia are dropping visa requirements. This week announcements from Malaysia, China and Indonesia.