UBM Plans New Gem Stone Exhibition in Hong Kong

June 23, 2014

UBM Asia, a subsidiary of UBM plc, will launch a new trade show, Mineral & Gem Asia, next year. Supported by The Munich Show, the inaugural edition of Mineral & Gem Asia will run from 27th to 30th June at the AsiaWorld-Expo (AWE) in Hong Kong.

Exhibitor products at the four-day show will cover a range of rough and polished gemstones, fossils, decorative and ancient stones, art pieces and various mineral products. A special preview of the show was held in conjunction with this year’s June Hong Kong Jewellery & Gem Fair at the Hong Kong Convention & Exhibition Centre(HKCEC).

According to UBM Asia, the show aims to attract suppliers and buyers across a variety of fields including geology, mineralogy, architecture, interior design, art gallery, museum, and loose gem traders.

Wolfram Diener, senior vice president of UBM Asia, commented, “We feel that the time is ripe for a new truly international event in Asia exclusively on minerals, fossils, rough gemstones and decorative stones. In Europe, there is The Munich Show, and in the U.S., there’s the Tucson Gem & Mineral Show. We will launch what’s destined to be one of the premier mineral and gemstone shows in the region – Mineral & Gem Asia in June next year.”

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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.