Düsseldorf, 15th May: International exhibition organiser, Messe Düsseldorf, has appointed a new COO. Wolfram Diener will join Messe Düsseldorf from UBM Asia. Diener will take up his new role on 1st October 2018. Messe Düsseldorf’s current managing director, Joachim Schäfer, will retire in late August.

Singapore, 10th May: The Singapore Tourism Board (STB) has announced its chief executive, Lionel Yeo, will step down from his post on 31st May to join an unnamed company in the private sector.

Share price movement.

Netherlands, 7th May: According to the International Congress and Convention Association (ICCA), there were a record number of 12,558 rotating international association events in 2017. That is 346 more than the figure recorded in 2016.

Kuala Lumpur, 7th May: The Kuala Lumpur Convention Centre (KLCC) is currently expanding and the construction work is scheduled to be completed by mid-2019.

Hong Kong, 3rd May: The week, Hong Kong International Medical Devices and Supplies Fair (Medical Fair) concluded at Hong Kong Convention and Exhibition Centre (HKCEC). The exhibition attracted over 11,500 buyers from 70 countries and regions. That represents a 6.7% increase over last year.

Hangzhou, 4th May: Last week, China’s largest e-commerce company, the Alibaba Group, announced its financial results for the most recent quarter as well as for the year ended 31st March 2018. For the quarter ended 31st March, the company recorded revenues of US$9.9 billion, up 61% year-on-year. However, net income in the period fell 33%, down to US$1.1 billion. The company attributed the decrease to non-recurring disposal gains arising from sale of investments in the same quarter in 2017.

Bangkok, 7th May: Earlier this week, Bangkok-based business information provider, Business Online (BOL), announced its financial results for the first quarter of 2018. Revenues in the quarter were US$3.3 million, down 4.9% year-on-year.

Pakistan, 8th May: China’s largest e-commerce company, the Alibaba Group, announced it has acquired the Daraz Group, which claims it is South Asia’s largest e-commerce platform. The terms of the deal were not disclosed.

Share price movement.

Japan, 24th April: Clarion Defence & Security and Crisis Intelligence will jointly launch and operate a defence exhibition and conference in Japan. The event will be named, DSEI Japan, and it will be held next year in Tokyo.

Hong Kong, 27th April: Last month, the Hong Kong Trade Development Council (HKTDC) concluded its Hong Kong Gifts & Premium Fair and Hong Kong International Printing & Packaging Fair, attracting more than 64,000 buyers from 14 countries and regions. That represents a 3.5% increase over previous edition in 2017.

Hong Kong, 27th April: Global Sources opened its Global Sources Fashion show in Hong Kong at AsiaWorld-Expo (AWE) on 27th April. The event ran until 30th April. There were over 1,800 booths at the show showcasing a wide range of fashion products, including accessories, sportswear, footwear, bags, fabrics and apparel.

Paris/Verona, 2nd May: UFI, The Global Association of the Exhibition Industry, has elected its President for the 2019/2020 term. Mary Larkin, from Diversified Communications, which is headquartered in Portland, Maine, will be the first female president of UFI and the first president of the association to be based in the U.S.A..

Beijing, 26th April: Last week, Baidu, the leading Chinese language Internet search provider, announced its financial results for the quarter ended 31st March 2018. Total revenues in the quarter were US$3.3 billion, which represents a 31% increase over the same period in 2017. Net income in the quarter jumped 277% year-on-year, reaching US$1.1 billion. Diluted earnings per share in the period were RMB 18.68 (US$2.98).

Hangzhou, 27th April: Recently, Shenzhen-listed Zhejiang Netsun released its year-end financial results for 2017. Revenues in the year were US$55 million, up 12% compared with 2016. Meanwhile, net profit grew 52% year-on-year, reaching US$2.9 million. Diluted earnings per share in the year were RMB 0.08 (US$0.012).

Share price movement.

Nanjing, 24th April: Focus Technology, the holding company that owns and operates Made-in-China.com, has reported its financial results for the quarter ended 31st March 2018. Total revenues were US$30 million in the quarter. That represents a year-on-year decrease of 12%.

Shanghai, 24th April: Chinaplas 2018, a leading international trade show serving the plastics and rubber industry, opened with a record-breaking size of 340,000 m2, featuring a total of 3,948 exhibitors from 40 countries and regions.

Singapore, 24th April: International exhibition organiser, UBM plc, opened its Food & Hotel Asia (FHA) and ProWine Asia (PWA) (Singapore) on 24th April at two venues: Singapore Expo and Suntec Singapore. The concurrent events were spread across four days closing today, on 27th April.