Hangzhou, 17th August: Last week, China’s largest e-commerce company, the Alibaba Group, announced its results for the quarter ended 30th June 2017. The company recorded revenues of US$7.4 billion, up 56% over same period last year. Net income jumped 96% year-on-year, reaching US$2.1 billion. Diluted earnings per share in the quarter were RMB 5.65 (US$0.83).

China, 18th August: China has established a digital “cyber-court” for online cases. The Hangzhou Internet Court opened for business on 18th August with its first case – a copyright infringement dispute between an online writer and an Internet company.

Indonesia, 24th August: Padang, the capital of the province of West Sumatra, will open its first convention centre next year with the aim of attracting more business events to the city.

Hong Kong, 17th August: Earlier this week, the Hong Kong Trade Development Council (HKTDC) concluded four lifestyle fairs, at the Hong Kong Convention and Exhibition Centre (HKCEC) drawing nearly 500,000 visitors.

Sydney, 24th August: The Australasian Gaming Expo (AGE) 2017 returned to Darling Harbour this year at the newly opened venue, ICC Sydney running from 15th to 17th August. This edition of AGE resulted in record numbers.

London, 16th August: Last week, London-listed education media service provider, Pearson PLC, announced the sale of Global Education and some associated assets to Puxin Education for US$80 million.

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India, 7th August: Messe Frankfurt India Trade Fair Ltd, the Indian subsidiary of Messe Frankfurt, announced that the company has acquired Screen Print India. The financial details of the deal were not disclosed.

U.S., 7th August: According to media reports, Sohu.com has filed the paperwork with the U.S. Securities and Exchange Commission for an initial public offering (IPO) of its search engine subsidiary, Sogou which is expected to be listed later this year.

U.S., 11th August: It is being reported that earlier this year, the Cyberspace Administration of China (CAC) released the new regulations imposing more limitations on the news produced and distributed by online platforms. Earlier this month, the Beijing and Guangdong branches of CAC began investigating reports of news content featuring “violence, pornography and rumours disruptive to the social order.”

Yokohama, 17th August: A new multipurpose event arena will open in Yokohama in the spring of 2020 – ahead of the Summer Olympic Games.

Bangkok, 14th August: Earlier this year, UBM plc announced plans to combine two of its events: Asian Paper and Tissue World Bangkok. The combined shows also recently organised their first seminar serving the Thai pulp, paper and tissue industries. The seminar was held on 8th August 2017 at Emerald Hotel in Bangkok.

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.

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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).