Taipei Nangang Exhibition Center Hall 2 opens

Taipei, 4th March: The long awaited Hall 2 at the Taipei Nangang Exhibition Center opened on 4th March. The new addition raises the capacity of Nangang from about 45,000 m2 to almost 80,000 m2. The venue now has capacity for 5,000 booths. Hall 2 will also be known as TaiNEX2. According to TAITRA, 38 meeting rooms at the TaiNEX2 are still under construction. Those facilities are expected to be completed in October 2019.

Read More

Macau hosts 1,400+ MICE events in 2018

Macau, 27th February: Earlier this week, Macau’s Statistics and Census Service (DSEC) released its MICE statistics for the fourth quarter as well as the full year of 2018. A total of 1,427 MICE events were held in Macau during 2018. That is 46 events more than in 2017. The total number of participants increased 12%, to more than 2,120,000.

Read More

Mega Expo posts loss in the half-year result

Hong Kong, 27th February: Mega Expo, formerly known as Kenfair, a Hong Kong-based exhibition organiser, recently reported its interim results for the six months ended 31st December 2018. The company reported revenues of US$36 million, representing growth of 284% year-on-year. However, Mega Expo posted a net loss of US$16 million in the same six-month period, compared with a net profit of US$5.8 million in the same period in 2017.

Read More

Baidu’s profits rise 51% in 2018

Beijing, 21st February: Last week, Baidu, the leading search engine in China, released its results for the financial year 2018. Revenues were US$15 billion for the financial year 2018, representing a year-on-year 28% increase. Net profit in the year grew 51%, reaching US$4.0 billion. Diluted earnings per share in 2018 were RMB 78.03 (US$11.35).

Read More

Tarsus’ revenues up 46% in 2018

London, 27th February: Earlier this week, London-based Tarsus Group announced its year-end results for 2018. The group reported revenues of £100 million (US$127 million) – up 46% compared with 2016. In 2018, the company recorded 45% growth of adjusted profit before tax compared with 2016, reaching £28 million (US$35 million). The number of buyers attending Tarsus’ shows during the year increased 10% on a like-for-like basis.

Read More

Made-in-China’s revenues and profits fall in 2018

Nanjing, 1st February: Last week, Focus Technology, the holding company of Made-in-China.com, reported its financial results for the year ended 31st December 2018. Total revenues were US$127 million in the year, which represents a year-on-year decrease of 28%. Net profit for the year recorded a decline of 23% down to US$8.2 million. The diluted earnings per share in 2018 were RMB 0.24 (US$0.035).

Read More

BOL’s profit jumps 36% in 2018

Bangkok, 14th February: Last week, Business Online (BOL), a leading online information service provider in Thailand, announced that it recorded revenues of US$15 million for the year ended 31st December 2018, representing a 12% year-on-year increase. BOL’s net profit jumped 36% reaching US$3.2 million. Diluted earnings per share in 2018 were Baht 0.13 (US$0.0039).

Read More

Comexposium acquires Indonesia Motorcycle Show

Jakarta, 12th February: The Indonesia Motorcycle Show (IMOS), one of the largest motorcycles shows in Indonesia, has been acquired by Comexposium. The acquisition is expected to be officially completed in the first quarter of 2019. No financial details were released. IMOS will be organised by Seven Event, a joint venture between Comexposium and Amara Pameran Internasional (API).

Read More

Messe Düsseldorf: management changes in China

China, 18th February: Earlier this week, international exhibition organiser, Messe Düsseldorf, announced management changes. Marius Berlemann will become the General Manager of Messe Düsseldorf Shanghai Limited and Bastian Mingers will serve as the Global Head of Wine & Spirits (including the ProWein trade fair portfolio). Both new roles are effective as of 1st April 2019.

Read More