News
Reed Elsevier recently reported its interim results for the six months ended June 30. The group’s exhibitions organising arm, Reed Exhibitions, reported revenues down 4 percent year-on-year at £368 million. Adjusted operating profits were £113 million, down 8 percent, compared with last year. Reed Business Information’s (RBI) revenues dropped 8 percent to £344 million, while RBI’s adjusted operating profits were up 33 percent to £53 million.
The company’s management reported that excluding the impact of biennial show cycling, underlying… more
The triennial Foodpro 2011, which ran July 10-13 in Sydney, has recorded its largest ever numbers in terms of exhibitors, visitors and space utilized. Reportedly the largest trade show for the food and beverage processing and manufacturing industries in the Asia-Pacific region, the show featured 328 exhibitors – an 18-percent increase from the previous edition in 2008. Foodpro is managed by Diversified Exhibitions Australia and was collocated with the 44th annual Australian Institute of Food Science and Technology (AIFST) Conference for the first time this year.
The increase in… more
Mack Brooks Exhibitions has announced plans to launch a new Thailand edition of its Fastener Fair at the Bangkok International Trade and Exhibition Centre (BITEC) Sept. 6-8, 2012. This latest addition follows the launch of Fastener Fair Mumbai and Fastener Fair São Paolo earlier in the year as part of Mack Brooks’ expansion into growth markets in Asia and South America. A total of 90 exhibitors, of which 45 were from overseas, attended the Mumbai event this April.
Mack Brooks officials said Thailand posted its highest GDP growth rate in 2010 over a fifteen-year period, while… more
Singapore trade shows BroadcastAsia and CommunicAsia are set to expand beyond its previous edition in 2010 as organiser, Singapore Exhibition Services (SES), expects more than 2,000 exhibitors to attend the shows. This year’s edition of CommunicAsia will be relocated to the Marina Bay Sands, while BroadcastAsia remains at Suntec Singapore in a split venue format.
A free shuttle service will be organised for transportation between the venues. More than 650 exhibitors from 43 countries were registered for BroadcastAsia, up 7 percent, compared with last year’s edition. Both… more
Computex Taipei, Asia’s largest and the world’s second largest ICT show, was held May 31-June 4 at the Taipei World Trade Center, Nangang Exhibition Hall and the Taipei International Convention Center. Organised by Taiwan External Trade Development Council (TAITRA), the event reported a total of 120,000 visitors. Computex hit a new high in terms of international visitors – just more than 36,000, up 3.1 percent compared with last year’s edition. The top five visiting countries/regions were the U.S., Japan, China, Hong Kong and South Korea. According to TAITRA, the… more
The All China Leather Exhibition (ACLE), an annual trade show held at the Shanghai New International Expo Centre in Pudong, is expecting to fill an additional exhibition hall this year during its 13th edition. The event is jointly organised by the China Leather Industry Association (CLIA) and APLF, a joint venture between UBM Asia and SIC Group.
ACLE will run Sept. 6-8, and organisers are expecting a crowd that includes 1,000 exhibitors to occupy one additional exhibition hall over the 2010 edition – a total of 80,500 square meters. The event will feature exhibitors ranging from… more
UBM Asia (Thailand) has announced the launch of the inaugural Food processing and Packaging Asia 2011 at the Queen Sirikit National Convention Center to take place alongside the 7th edition of Food ingredients Asia (Fi Asia). Both events will run Sept. 21-23. Fi Asia will be co-organised with the Food Science and Technology Association of Thailand, National Food Institute, the Federation of Thai Industries and Thai Food Processors’ Association.
UBM has reported a 70-percent growth for Fi Asia since its 2009 edition in Thailand, and the company is expecting more than 10,000 visitors… more
Reed Exhibitions India has set opening dates for its inaugural event, SITL India 2012, Feb. 23-25 next year. Serving the transport and logistics industry, SITL India will be held at the Bombay Exhibition Centre in Mumbai. The event will be split into five sectors that will cover transport and logistics services, logistics infrastructure, logistics real estate, transport and logistics information systems and technologies and materials handling equipment and systems.
Managing director of Reed Exhibitions India, Ms. Delphine Lemaire, said, “The transport and logistics sector, though… more
The Hong Kong Trade Development Council’s 26th edition of the Hong Kong Gifts Premium Fair recorded attendance of more than 4,000 exhibitors during the event, which was held April 27-30 at the Hong Kong Convention and Exhibition Centre (HKCEC). The four-day event, the largest of its kind in the industry, was held concurrently with the Hong Kong International Printing & Packaging Fair at AsiaWorld-Expo.
Vice chairman of the Hong Kong Exporters’ Association, Benson Pau, said, “Hong Kong’s gift exports jumped 17 percent to HK$155.7 billion last year. …… more
Hong Kong-based business-to-business media group Global Sources has announced a new partnership in India. Global Sources will partner with Infocom Network Limited, which operates a leading Indian online sourcing platform, TradeIndia.com. The two companies jointly will host the Global Sources Machinery & Industrial Supplies Fair at the Bombay Exhibition Centre in Mumbai.
The event will be held Nov. 23-25 and will target domestic Indian buyers and suppliers across a wide range of categories including engineering goods & equipment, machinery, pumping equipment, testing &… 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.