Weekly Newsletter
Bangkok, 13th June: The Thai-listed subsidiary of Pico Far East Holdings, Pico Thailand, also released its results for the quarter ended 30th April 2019. Revenues in the quarter were US$13 million, representing a year-on-year decrease of 8.3%. However, its profit increased by 21% in the quarter reaching US$492,000.
Read MoreHong Kong, 19th June: Earlier this week, Hong Kong-listed Pico Far East Holdings announced its interim results for the six months ended 30th April 2019. Revenues were US$315 million, representing year-on-year growth of 8%. Profit from core operations in the first half increased by 5.5%, amounting to US$24 million. Diluted earnings per share in the six-month period were HK$0.0995 (US$0.013).
Read MoreSingapore, 19th June: Organised by Reed Travel Exhibitions, IBTM will launch a new event, IBTM Asia Pacific in Singapore next year.
Read MoreNew Delhi, 19th June: Construction on the IICC (India International Convention & Expo Centre) venue, also known as the Dwarka venue, continues to make progress and management has reported that it is on schedule to complete the first phase by April 2020.
Read MoreParis/Hong Kong, 13th June: UFI, the Global Association of the Exhibition Industry, announced that Hong Kong Convention and Exhibition Centre (Management) Limited (HML) has won the UFI Sustainable Development Award 2019 for its plastic reduction initiative, “Think Before Plastic”.
Read MoreNew York/China, 13th June: Last week, U.K.-based Media 10 announced the sale of its design sector events in China, Design Shanghai and Design China Beijing, to Clarion Events. Financial terms of the deal were not disclosed.
Read MoreShare price movement
Read MoreParis, 6th June: The fourth edition of Global Exhibition Day (GED) was held on 5th June 2019. GED aims to highlight the exhibition industry’s value and role as a driver of economic growth.
GED 2019 promoted four core advocacy messages, including UFI’s recently released global and regional data related to the economic impact of exhibitions, which underscores how important exhibitions are in contributing to total economic output, job creation and GDP growth. GED activities were held in some 90 countries and regions on 5th June. A total of 41 GED partner associations supported and joined the celebrations.
Asia, 30th May: Media and events company, Questex Asia, announced the closure of its Asia media and publication division, including publications based in Singapore and Hong Kong.
According to media reports, Questex’s shuttered the titles at the end of May. However, Questex’s Asian event business, managed out of its Singapore office, will continue to operate, while the Hong Kong office will be closed. Catherine Wong, senior vice president, will continue to lead the Questex Asia team.
Hannover/Jakarta, May: International exhibition organiser, Deutsche Messe, will join forces with Indonesian tradeshow company Wakeni, to organise a woodworking machinery and components event, IFMAC – International Furniture Manufacturing Component Exhibition.
The two companies will jointly organise the 8th edition of IFMAC for the first time running from 9th to 12th October 2019 at the Jakarta International Expo. According to Deutsche Messe, IFMAC 2018 featured over 300 exhibitors from 23 countries and attracted more than 13,000 visitors from 37 countries and regions.
Bangkok, 28th May: Organised by Koelnmesse, the 16th edition of THAIFEX-World of Food Asia concluded recently attracting over 67,000 trade visitors from 134 countries. THAIFEX was held at IMPACT Exhibition and Convention Center.
Running from 28th May to 1st June, the five-day show occupied an exhibition area of 107,000 m2, occupying all 11 halls at IMPACT. A total of 2,745 exhibitors from 42 countries and regions participated in the show – including 28 start-up companies.
Singapore, 4th June: The second edition of ILTM (International Luxury Travel Market) Asia Pacific was held from 27th to 30th May 2019 featuring 572 suppliers from across the region. According to organiser, Reed Travel Exhibitions, the 2019 edition was 10% larger than the edition in 2018.
ILTM portfolio events introduce luxury travel brands to visitors and ILTM Asia Pacific targets on various geographic markets in the region. According to ILTM Asia Pacific, there were significant increases in trade buyers from Australia (9%), Korea (21%), Malaysia (33%), New Zealand (133%) and the Philippines (38%). In addition, visitors from Bangladesh, Moldova, Armenia, and Belarus attended the show for the first time.
Mumbai, 12th June: The inaugural edition of Cosmoprof India opened on 12th June at the Bombay Exhibition Center (BEC). A total of 232 companies from 23 countries participated in the event – covering an exhibition area of 10,260 m2.
Organised by BolognaFiere and UBM India, the show ran until 14th June and it focused on the future of the beauty industry in India. Cosmoprof India exhibitors featured a wide range of products including ingredients/raw materials, machinery and equipment, primary and secondary packaging services and finished products. Trade visitors included wholesalers, distributors, sales agents, manufacturers, packaging and machinery specialists and suppliers, salon owners and retailers.
Figure 1: BSG B2B Media Index vs. All Tracked B2B Stocks (price movement over past 12 months)
Figure 2: BSG B2B Media Index vs. All Tracked B2B Stocks (price movement since January 2019)
Sydney, 28th May: Sydney will open a new venue next year. The Sydney Coliseum Theatre will be able to accommodate audiences of between 300 and 2,000.
Read MoreMumbai, 3rd June: UBM India, part of Informa Markets, announced plans to move its PharmaLytica from Hyderabad to Mumbai for the upcoming edition, running from 10th to 12th June at the Bombay Exhibition Center.
Read MoreBeijing, 4th June: Organised by Messe Düsseldorf Shanghai, All in CARAVANING (AIC) 2019 will be held from 14th to 16th June at Etrong International Exhibition & Convention Center (Beijing).
Read MoreShanghai, 23rd May: CPhI & P-MEC China 2019 will run from 18th to 20th June, at the Shanghai New International Expo Centre (SNIEC). It is expected to attract more than 50,000 visitors from over 120 countries. It is co-organised by Informa Markets, the China Chamber of Commerce of Medicines & Health Products Importers & Exporters (CCCMHPIE), and Shanghai Sinoexpo Informa Markets.
Read MoreSingapore, 23rd May: Singapore will host two new events next year, GeoConnect Asia and Gamescom Asia.
Read MoreThailand/Myanmar, 5th June: Agritechnica Asia, positioned as the leading platform in South East Asia for agricultural machinery solutions, will launch two new events, “Agritechnica Conference & Exhibition – Prepare Yourself for Tomorrow’s Agri-Business” in Thailand and “Agritechnica Asia live – Field Demonstrations of Agricultural Machinery” in Myanmar later this year.
Read MoreBusiness 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.
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