News
May 25, 2015
Last week, Reed Exhibitions’ joint venture subsidiary, Reed Sinopharm, organised the 2015 Health Industry Summit (tHIS) for the first time at the National Exhibition and Convention Center (NECC) in Shanghai. The mega umbrella show spanned a total exhibition space of 290,000 m2 and drew 210,000 visitors from 150 countries and regions. The first day of tHIS alone reportedly attracted 100,000 visitors.
There were media reports of teething problems at the relatively new NECC venue. Visitors reportedly complained about chaotic organisation ranging from poor signage in the venue and parking lot,… more
May 25, 2015
NASDAQ-listed Global Sources released its financial results for the first quarter ended 31st March 2015. Revenues were US$22.2 million, down 36% compared with US$34.5 million last year. In the same period, the company recorded IFRS net loss of US$2.1 million, compared with IFRS net income of US$145,000 in 2014. The drop in revenue was largely due to the shifting of one of the company’s major exhibitions from the first quarter in 2014 to the second quarter in 2015.
More than 80% of Global Sources’ revenues were generated from its online business, amounting to US$17.9 million. That is a drop of… more
May 25, 2015
This week, the 6th edition of Hong Kong International Medical Devices and Supplies Fair (Medical Fair) featured more than 250 exhibitors from 11 countries and regions. The three-day fair ran from 18th to 20th May at the Hong Kong Convention and Exhibition Centre (HKCEC) welcoming nearly 10,000 buyers.
Organised by the Hong Kong Trade Development Council (HKTDC) and co-organised by the Hong Kong Medical and Healthcare Device Industries Association, this year’s Medical Fair featured two inaugural pavilions representing Canada and the Taiwan Medical and Biotech Industry Association. Ten sector-… more
May 25, 2015
Trade Show News Network (TSNN) has signed an agreement to become an official Media Partner and member of UFI, the Global Association of the Exhibition Industry.
Rachel Wimberly, President/Editor-in-chief, and Paul Woodward, Managing Director of UFI signed the agreement that will help disseminate the work carried out by the international body.
“TSNN is very excited about this new partnership with UFI," Wimberly said. "UFI's role as the global association for the exhibition industry is the perfect complement to TSNN's broad reach into the industry worldwide."
UFI is the premier global… more
May 24, 2015
Human Resource Executive® magazine, the publication focused on strategic HR issues, in partnership with China Star, will launch the HR Technology Conference & Exposition China, taking place April 13-15 at the Zhuhai International Convention & Exhibition Center in Zhuhai, China.
“As a country with one of the highest employment growth markets in the world, Human Resource Executive and China Star recognized the tremendous opportunity that the HR Technology Conference & Exposition can bring to HR professionals in China,” said Rebecca McKenna, publisher of Human Resource Executive®… more
May 24, 2015
Groundwork on the purpose-built Kuala Lumpur Convention Centre’s (the Centre) expansion at the adjacent Lot 91 officially is underway as the Centre celebrates a decade in business this year.
“We are thrilled to reveal that groundwork began in late April, and we expect the expansion to be completed in 2018,” said general manager Alan Pryor.
Lot 91 will be a mixed commercial development comprising of office tower, convention centre and retail podium. The project has a prime location within KLCC Precinct and has been designed for seamless integration with the existing Centre.
When operational… more
May 23, 2015
The first edition of C-star, Shanghai's International Trade Fair for Solutions and Trends all about Retail, featured 162 exhibitors from 23 countries, presenting the latest retail technologies and trends for the Chinese market on 53,800 square feet of net exhibit space.
Exhibitors included industry leaders such as Sibu Design, Schlegel Concept, Interstore, Ezidone, Changhong Decorations, Octanorm System and LS Lighting as well as Nedap, Bizerba China, and Mettler Toledo.
With nearly 50 percent of the companies having overseas headquarters, C-star is the most international retail trade fair in… more
May 23, 2015
The Professional Convention Management Association and the Singapore Exhibition and Convention Bureau have renewed their commitment to grow conference management education further in Singapore and Asia with a new two-year partnership agreement.
As part of this agreement, PCMA and the SECB will grow the annual PCMA Meetings Forum Singapore that will see its second edition take place over two days in June.
With the Association landscape in Asia at an early stage of development, opportunities abound for association leaders and executives to benefit from PCMA’s education in conference management… more
May 22, 2015
U.K.-based Tarsus Group added to its expanding U.S. medical portfolio with the acquisition of PAINWeek from Aventine Co. for $27.5 million.
PAINWeek runs the leading U.S. event for pain management, which takes place annually in September in Las Vegas.
“The acquisition of PAINWeek complements our existing medical businesses enabling us to address all four pillars of the preventative medical market,” said Douglas Emslie, Tarsus Group managing director. “We see a number of opportunities for us to expand the PAINWeek business and to cross-promote our other medical events.”
PAINWeek… more
May 22, 2015
Nine months after being appointed CEO of UBM Americas, Sally Shankland will be stepping down at the end of June to pursue an opportunity in a different industry.
“Sally’s commitment to UBM has been significant. She has seen the Group transformed from a print-heavy conglomerate into an Events-focused media and communications business,” said Tim Cobbold, CEO of UBM.
He added, “Her role within this transformation has been noteworthy, particularly her long tenure as leader of our U.S. medical media assets. I thank her warmly for her contribution and wish her every success in her new role.”… more
Partner Voices
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.