Cambodia, 4th August: AMB Tarsus will open the 7th edition of Cambuild next month, which will be held concurrently with the Board of Architects Cambodia Annual Forum 2017, organised by the Board of Architects, Cambodia.

Share price movement

Hong Kong, 8th August: In the previous financial year, the Hong Kong Convention and Exhibition Centre (HKCEC) announced that it hosted a total of 1,102 events, including 116 exhibitions, 104 conferences and hundreds of corporate meetings, banquets and entertainment events. HKCEC’s fiscal year ran from July 2016 to June 2017. Over 5.7 million visitors attended these events. Eight new exhibitions and 36 new conferences were held at HKCEC during the fiscal year.

Australia, 4th August: Recently, the New South Wales (NSW) government launched its “Regional Conferencing Strategy & Action Plan” which is designed to drive more conventions, meetings and business events to the rural and regional areas of the state. The government has earmarked a budget of A$6 million (US$4.8 million) to fund the initiative.

Malaysia, 8th August: In the first half of the year, Malaysia secured three major conferences that are expected to generate a total RM32.7 million (US$7.6 million) in direct revenues for the country.

Bangkok, 8th 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 2017. Revenues in the period were US$3.2 million, representing year-on-year growth of 5.2%. The company’s net income increased 13% in the quarter – amounting to US$820,000.

Hong Kong, 8th August: Hong Kong-listed Sino Splendid (formerly China.com) has released its results for the six-month period ended 30th June 2017. Revenues in the first half were US$5.5 million, a year-on-year decrease of 10%. The company attributed the decline to a fall in revenues from its Travel Media Business. The company posted a large loss of US$22 million, compared with a profit of US$3.3 million in the same period of 2016.

Beijing, 3rd August: Last week, CCID Consulting, an IT research and information service provider in China, posted revenue growth of 15% in the first half of 2017, amounting to US$9.8 million. Profit in the six-month period was US$1.3 million, representing a jump of 72% compared the same period in 2016. Earnings per share were RMB 0.0076 (US$0.0011).

Share price movement

U.S./Singapore, 31st July: This week, the U.S.-based Professional Convention Management Association (PCMA) announced the acquisition of the Incentive, Conference & Event Society Asia Pacific (ICESAP). No financial details of the deal were released.

India, 27th July: Messe Düsseldorf India concluded the 2017 edition of Medical Fair India in April and just recently published key statistics from the event. The exhibition ran from 6th to 8th April at the Pragati Exhibition Center in New Delhi. The three-day event featured 519 exhibitors.

Hong Kong, 27th July: The Hong Kong Trade Development Council (HKTDC) will open four lifestyle-themed fairs later this month at the Hong Kong Convention and Exhibition Centre (HKCEC) featuring more than 1,900 exhibitors.

Singapore, 1st August: Tapping into the growing demand for snow and ski holidays, Singapore will launch its first snow- and ski-focused trade fair running from 4th to 6th August at Snow City.

Beijing, 27th July: Last week, Baidu, the leading Chinese language Internet search provider, announced its financial results for the quarter ended 30th June 2017. Total revenues in the quarter were US$3.1 billion – representing a 14% increase over the same period in 2016. Net income in the second quarter of 2017 jumped 83% year-on-year amounting to US$651 million. Diluted earnings per share in the period were RMB 11.31 (US$1.67).

Share price movement.

London, 22nd July: Global private equity firm, Blackstone announced that the company will buy U.K.-based Clarion Events from Providence Equity Partners. The transaction value will be approximately £600 million (US$785 million).

Paris, 27th July: This week, UFI, the Global Association of the Exhibition Industry, released its latest biannual, Global Barometer Survey, reflecting the state of global trade show industry. The survey revealed that the majority of survey participants expect growth in terms of both revenues and profits in 2017.

Shanghai, 25th July: The 20th edition of Pet Fair Asia will open next month running from 24th to 27th August at the Shanghai New International Expo Centre (SNIEC). The event is positioned as one of the largest in the region and covers the dog, cat, rodent, reptile and aquatic segments.

London, 28th July: Today, UBM plc released its interim results for the first half of 2017. Revenues from continuing operations were up 18% to £448.4 million (US$591 million). Adjusted operating profits grew by 20% to £111.7 million (US$147 million).

London, 26th July: U.K.-based exhibition organiser, the Tarsus Group has announced its interim results for the first half of 2017. Group revenues in the first half were £39.8 million (US$52 million) which on a like-for-like basis represents an increase of 4% (excluding acquisition and biennial events). The company also reported visitor growth of more than 8% across its portfolio.