Malaysia’s business events to resume with up to 250 participants

Malaysia, 18th June: The Malaysian government has allowed business events with up to 250 participants to restart. However, the events can only be held in Malaysia’s so-called “green zones” – i.e. districts with no active COVID-19 cases. As a result of this, the Kuala Lumpur Convention Centre (KLCC) will recommence operations and take bookings for events to be held after 1st July 2020.

According to the government, the “new normal” approach for business events will need to be applied recognising the critical role health, safety and hygiene in events going forward.

Pico Far East’s revenues drop 24%

Hong Kong, 22nd June: Last week, Hong Kong-listed Pico Far East Holdings announced its interim results for the six months ended 30th April 2020. Revenues were US$241 million, a 24% decrease year-on-year. Profits from core operations in the six-month period dropped 56%, down to US$11 million. Diluted earnings per share in the first half of the financial year were HK$0.0195 (US$0.0025).

According to Pico, the company’s operational results were on target before the COVID-19 outbreak in January 2020. However, due to the outbreak, operations in essentially all of the company’s key markets ceased.

HKTDC will go ahead Hong Kong Book Fair in July

Hong Kong, 23rd June: In some positive news, the Hong Kong Trade Development Council (HKTDC) announced the 31st HKTDC Hong Kong Book Fair will be held from 15th to 21st July 2020 at the Hong Kong Convention and Exhibition Centre (HKCEC).

This year’s theme is “Inspirational and Motivational Reading,” with the tagline “Reading the World – Inspiring the Mind and Refreshing the Soul.” More than 730 exhibitors will participate in the Book Fair – and the co-located Hong Kong Sports and Leisure Expo. According to the HKTDC, during the fair and the citywide “Cultural July” campaign, over 600 online and offline cultural events will be organised including thematic exhibitions at the Art Gallery at the HKCEC.

Quick takes

Japan may ease travel restrictions

There is a lot of talk from several Asian countries, but nothing concrete yet. Japan is reportedly looking at Australia, New Zealand, Thailand and Vietnam.

Singapore to allow some transit passengers

Singapore is set to permit travellers transiting from selected cities in Australia, China, Korea, Japan, and New Zealand.

Europe inching towards normality

Most German trade fairs to resume by September.

Measures for safer events?

Eddie Choi looks at possible measures to be put in place at future events.

UFI announces results of chapter leadership elections

Paris, 18th June: UFI, the Global Association of the Exhibition Industry, has announced the results of the leadership elections in its four regional chapters: Asia-Pacific, Europe, Latin America and Middle East/Africa. The elected industry leaders will begin their three-year mandate in November 2020.

In Asia-Pacific, David Zhong (VNU Exhibitions Asia, China) was re-elected as Chapter Chair and the three Vice Chairs will be Rita Chu (1st Vice Chair, Adsale Exhibition Services, Hong Kong), Panittha Buri (BITEC, Thailand), Emilia Shih (TAITRA, Taiwan).

Some countries consider establishing “travel bubbles”

Asia, 9th June: As the number of active COVID-19 infections continues to drop in Asia, some countries in the region plan to allow international flights and to establish “travel bubbles.”

In Vietnam, international flights have been suspended since 25th March with a few exceptions and foreign nationals have been banned entry since 22nd March. The Vietnamese government now plans to resume the flights to and from countries that have had no new cases of COVID-19 for 30 days – although that is likely to be a short list of countries.

Singapore and China have created a “fast lane” for essential business and official travel between the two countries, allowing travel between Singapore and six provinces and municipalities in China (Chongqing, Guangdong, Jiangsu, Shanghai, Tianjin and Zhejiang).

Quick takes

More on Informa – NuOrder partnership

Informa Markets is partnering with e-commerce technology provider NuOrder to launch a digital show this fall for the fashion apparel industry. It could take the world’s largest commercial organiser in an interesting direction.

Online Canton Fair is underway

We can expect mixed results as China’s largest trade show takes an unplanned run at a purely digital edition. It may have to do it all over again for the autumn edition.

TAITRA cancels Computex

This large and important event was delayed from June to September and now finally it has been cancelled. This is not a good sign for large international B2B exhibitions planned in the region for September and October. Taiwan has long had COVID-19 under control, but the same cannot be said for the 170+ countries that send visitors and exhibitors to Computex each year.

Quick takes

LinkedIn targets virtual events

It is difficult to tell where all of this is headed, but there is certainly a lot of action and change in the virtual events space.

Coywolf article

HK travel trade show going ahead

Local Hong Kong exhibition organiser, TKS Exhibitions, is pushing ahead with its travel trade show, ITE Hong Kong 2020, in August. Hopefully that is a sign of good things to come for both the events industry and the travel industry.

Mix Meetings article

Reed’s BookExpo was virtually successful

The New York Times reports that the “publishing industry’s annual event, normally staged at the cavernous Javits Center, moved some programming online and reached a big digital crowd.” But does a big digital crowd equal a real success for the exhibitors?

New York Times article

Cathay Pacific gets US$5b from government

The Hong Kong government will put US$5 billion into ailing Cathay Pacific. After the transaction, the government will own about 6% of the airline. Hopefully, this will be enough to get Cathay back in the air. The Swire Group currently owns 45%. Air China owns 30% and Qatar Airways owns 10%.

Business Traveller article and Bloomberg article 

Border restrictions in Asia are easing

Last week, Hong Kong announced that it would remove quarantine requirements for visitors from Mainland China on 7th July and other international destinations on 18th September. This week Singapore is considering opening it borders to China and Malaysia.

Mix Meetings article and Mix Meetings article