Australia secures 366 international business events

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Australia, 25th March: According to the Australian Business Events Association (ABEA), Australia has secured 366 international business events for the future, which will generate an estimated A$743.5 million (US$512 million) in delegate spend.

The association also claimed Australia has a strong pipeline of high-value international events, however there is also a growing risk to the future competitiveness as major global destinations ramp up financial support to win business events. It is also shown that international delegates spending 59% more than leisure visitors. During 2018 and 2025, 205 events generated A$1.38 billion (US$951 million) in economic value.

Melissa Brown, CEO, Australian Business Events Association, said, “Business events deliver high-value visitors, global connections and long-term economic impact. This is not just about filling hotel rooms. It is about attracting international decision-makers, investment, research collaboration and trade opportunities into Australia. Right now, the pipeline is strong. But future wins are getting harder. With our limited Business Events Bid Fund Program (BFP), delivered through Tourism Australia, other countries… are gaining ground. Their governments are backing this sector with stronger bid support, and Australia is at risk of losing events we should be winning.”

Meorient’s revenues up 4.5% in FY2025

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Hangzhou, 26th March: Last week, Meorient, a Chinese exhibition organiser listed in Shenzhen, released its results for the year ended 31st December 2025. Revenues increased by 4.5% year-on-year, reaching US$112 million.

However, the company posted a drop in net profit of 12% from the previous year, down to US$19 million. Diluted earnings per share in the year were RMB 0.46 (US$0.066). In 2024, Meorient organised exhibitions in 10 countries with a total exhibition area of 350,000 m2, featuring some 8,000 exhibitors and 370,000 buyers.

Due to changes in international situation, exhibitions were cancelled, putting pressure on the company’s revenue and profit growth. Therefore, the company stabilize foreign trade and effectively helped foreign trade enterprises cope with operational pressures, implement a phased exhibition participation support policy and appropriately lowering the entry threshold for enterprises. In addition, the company increased investment in the research and development of its AI-powered exhibition system and overseas marketing.

Sino Splendid narrows its loss for FY2025

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Hong Kong, 31st March: Earlier this week, Hong Kong-listed Sino Splendid (formerly China.com) announced its results for the financial year ended 31st December 2025. The company reported revenues of US$4.9 million in the year, grew 29% year-on-year. The company narrowed its from US$3.1 million in 2024, down to US$1.3 million.

More than 97% of Sino Splendid’s revenues were generated from its financial magazines and other media services, amounting to US$4.8 million, up 28% year-on-year. While the remaining revenues were generated from its travel media business, amounting at just US$122,000.

According to the company, the increase in revenues was mainly due to the improvement of the financial performance of the financial magazine and other media services business.

In the coming years, the company will continue to devote resources to further increase its market share. In addition, the company will also continue to commit to its core business (travel media business) by leveraging on its solid experience.

Quick takes

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CCID drops in revenues and profits

Research and information service provider in China, CCID Consulting, has recently announced its financial results for 2025. Revenues were US$41 million, down 4.9% year-on-year. While net profit for the year dropped 16%, amounting to US$9.6 million. Earnings per share in 2025 were RMB 0.1063 (US$0.015). During the year, the company focused on four key areas (ICT, advanced manufacturing, regional economy, and technology services), to deliver innovation integrated services and digital empowerment services.

New Shanghai Fair Healthcare in Malaysia

Shanghai Fair Healthcare, organised by the Shanghai Fair Committee and Shanghai Sail International Convention & Exhibition Co., Ltd., will be launched in Malysia, running from 22nd to 23rd May 2026, at Hall 1, Malaysia International Trade and Exhibition Centre (MITEC), bringing together leading healthcare enterprises from Shanghai with Southeast Asia’s healthcare market. The new event will feature about 80 healthcare enterprises representing 160 exhibitors, showcasing medical equipment, health technologies and medical services, and occupying an exhibition area of 3,126 m2.

IBTM launches Asia Pacific event in Bangkok in 2027

International exhibition organiser, RX Global, will expand its IBTM portfolio to the Asia-Pacific region, by launching IBTM Asia Pacific in Bangkok. The new event will be held at Bangkok International Trade & Exhibition Centre (BITEC), running from 9th to 10th June 2027, bringing together corporate, association and agency buyers from across the Asia-Pacific region with global destinations, venues, hotels and suppliers.

58,000+ visitors at Laser World of Photonics Shanghai

The 21st Laser World of Photonics Shanghai concluded at Shanghai New International Expo Centre (SNIEC) on 20th March 2026, with total exhibition area expanding by 8% from the previous edition. The three-day event featured nearly 1,500 companies from 22 countries and regions, showcasing core photonics fields. A total of 58,281 visitors attended the event.