UBM ASEAN Set to Launch First Beauty Show in Philippines

October 7, 2013

For the first time, visitors and exhibitors who are interested in the beauty industry in the Philippines will have a show to go to next June in Manila.

UBM ASEAN, a division of UBM Asia, will launch PhilBeauty June 18-20 at the SMX Convention Centre, which will include a conference and exhibition.

This will be the only beauty show in the Philippines which offers local and international buyers and suppliers the opportunity to meet and network in a professional business environment, according to show organizers.

"We are pleased to be a part of this fast-growing beauty market, and to help stimulate its development by providing a platform for buyers and trade professionals from the Philippines and surrounding region to network with local and international suppliers, forge partnerships and conduct business," said M Gandhi, managing director, UBM ASEAN Business.

There are several reasons the Philippines presents a good launch opportunity for the beauty market:

With a population of almost 100 million, the Philippines is one of the largest beauty markets in South-East Asia.

The country enjoys positive economic growth and an expanding middle class.

Rising disposable incomes have increased demand for grooming and personal care products, and international and domestic brands are eager to capitalize on the growth.

Dr. Mike Turvill, president of the Chamber of Cosmetics Industry of the Philippines (CCIP), said he welcomes the initiative, adding, "With the abundance of natural resources, the Philippines has the potential to create a strong domestic industry. PhilBeauty will be an important showcase for domestic products and services, and to generate new business and infuse new ideas."

UBM ASEAN operates from its offices in Malaysia, Thailand, Indonesia, Singapore, Vietnam and the Philippines with more than 50 events in this region.

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MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.    Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.    Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.   The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.    MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.     MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.