Weekly Newsletter
Kuala Lumpur, 28th November: The Kuala Lumpur Convention Centre (KLCC) reports that it has already confirmed some 30 major high-profile events in 2018. It is expected to attract close to 440,000 delegates and visitors to the venue next year.
Read MoreKuala Lumpur, 5th December: After a soft opening in August, the new Malaysia International Trade and Exhibition Centre (MITEC) has announced that it has secured several large-scale trade fairs in the first half of 2018.
Read MoreSingapore, 28th November: ITB Asia, a travel event in Singapore, has signed an agreement with the Association of Corporate Travel Executives (ACTE), a global corporate travel leader. Under the terms of the agreement, ACTE will be ITB Asia’s 2018 Corporate Travel Association Partner.
Read MoreShare price movement.
Read MoreHong Kong, 29th November: This week, the Hong Kong Exhibition & Convention Industry Association (HKECIA) released its biennial Economic Impact Study. According to the study, the local exhibition industry contributed HK$52.9 billion (US$6.8 billion) to Hong Kong’s economy in 2016.
Read MoreHong Kong/Shenzhen, 28thNovember: Earlier this week, UBM Asia announced a cooperation agreement with the Shenzhen Creativity Exhibition to expand and enhance Creativity’s two key fairs, the Shenzhen International Electronics Convention & Expo (ELEXCON), and the Shenzhen International e-Cig Expo (IECIE).
Read MoreHong Kong, 27th November: The Hong Kong Trade Development Council (HKTDC) will organise four events next week targeting the SME market. The events will feature business solutions addressing a broad range of categories including technological innovation (artificial intelligence, big data, robotics, VR), entrepreneurship, IP management and e-tailing. All events will be held at the Hong Kong Convention and Exhibition Centre (HKCEC) from 6th to 8th December.
Read MorePhilippines, 23rd November: Recently, the Philippines announced it would unveil its first business events roadmap in mid-December. The aim of the roadmap is to firmly position the Philippines as a competitive events destination.
Read MoreHong Kong, 22nd November: Earlier this month, Cosmoprof Asia, organised by Cosmoprof Asia Limited, a joint-venture company between the BolognaFiere Group and UBM Asia, concluded using the “one fair, two venues” format. The exhibition attracted 83,793 beauty professionals from 135 countries and regions, representing an increase of 9% compared with the 2016 edition.
Read MoreLondon, 28th November: International event organiser, ITE Group plc, recently released its financial results for the year ended 30th September 2017. Revenues for the year were £152.6 million (US$207 million), representing growth of 5% on a like-for-like basis. Profit before tax was £31.6 million (US$43 million), compared to £36.5 million (US$49 million) in the previous year. In addition, the company’s forward bookings for FY2018 were reportedly up 20%.
Read MoreShare price movement
Read MoreHong Kong, 20th November: Earlier this week, China’s largest e-commerce company, the Alibaba Group, announced plans to form a strategic alliance with Auchan Retail S.A. and the Ruentex Group in order to explore new retail opportunities in China’s food sector.
Read MoreHong Kong/Seoul, 16th November: The Hong Kong Trade Development Council (HKTDC) officially launched its office in Seoul on 21st November with the aim of boosting Hong Kong’s trade and business ties in Korea.
Read MoreMunich/Shanghai, 13th November: FENESTRATION BAU CHINA (FBC) 2017 featured 625 exhibitors and the event covered a net exhibition area of more than 48,500 m2.
Read MoreAsia, 9th November: COEX, a Korean exhibition organiser and venue operator, announced plans to expand its Seoul International Premium Products Fair (SIPREMIUM) to Southeast Asia including in Vietnam, Thailand and Indonesia.
Read MoreShanghai, 16th November: Last week, Media 10 Limited, a London-based event and media company, brought its Best of British Show to China, showcasing heritage and luxury British brands.
Read MoreBeijing, 9th November: CCID Consulting, an IT research and information service provider in China, announced its financial results for the nine months ended 30th September 2017. The company reported revenues of US$14 million, a 9.3% year-on-year increase. Net profit in the first nine months of the year grew 37%, reaching US$2.0 million. Earnings per share in the period were RMB 0.0131 (US$0.0020).
Read MoreShare price movement
Read MoreShanghai/Beijing, 13th November: International exhibition organiser, Messe Frankfurt GmbH’s Greater China headquarters, Messe Frankfurt (HK) Ltd. announced that it has acquired a majority stake in Beijing Traders-Link Plus International Exhibition Company, the organiser of the Automotive Maintenance & Repair Expo (AMR) in Beijing. Financial details of the deal were not disclosed.
Under the terms of the deal, the two companies will form a new joint venture, Messe Frankfurt Traders-Link (Beijing) Company, in which Messe Frankfurt will hold the majority interest. AMR, held every spring in Beijing, covers a wide range of auto maintenance and repair sectors, including garage equipment, testing & diagnostic equipment and tools, coating, collision repair, car care and car wash, chain stores, training and software.
Hong Kong, 15th November: The Hong Kong Trade Development Council (HKTDC) organised seven trade fairs during October and November. More than 9,500 exhibitors showcased their products and services at the autumn fairs and over 190,000 buyers from 176 countries and regions visited the trade fairs. Both figures are in line with last year’s figures.
Of the seven trade fairs, five of them took place at the Hong Kong Convention and Exhibition Centre (HKCEC), including Hong Kong Electronics Fair (Autumn Edition), electronicAsia, Hong Kong International Lighting Fair (Autumn Edition), Hong Kong Optical Fair, and Hong Kong International Wine & Spirits Fair; while the Hong Kong International Outdoor and Tech Light Expo, and Eco Expo Asia were held at AsiaWorld-Expo (AWE).
Business Strategies Group is the only market intelligence & strategy consulting firm in Asia with a special focus on business media, information and events. Our services include research, market intelligence, mergers and acquisition support and strategy development.
Subscribe to our free brief industry newsletter to receive a weekly update on the latest in B2B media in Asia.
