News
Jul 25, 2011
Business Events Sydney (BESydney), tasked with promoting MICE opportunities in Sydney and New South Wales (NSW), has reported that the organisation supported 67 successful bids for business events during the 2010-2011 financial year – generating revenues of US$198 million for the NSW economy. As a result, the 67 events will deliver an estimated 55,000 delegates to NSW – an increase of 28% over the 2009-2010 figure.
BESydney expects that the additional space to be provided by the new Sydney International Convention and Exhibition Centre (scheduled to be completed in 2015) will… more
Jul 25, 2011
The Taiwan government’s trade promotion body, Taiwan External Trade Development Council (TAITRA), is reportedly planning to lead a delegation team to mainland China next month to seek out possible trade show partnerships. The tour is to be organised on the back of the Taiwan-China Economic Cooperation Framework Agreement (ECFA) signed last year.
According to media reports, the executive vice president of TAITRA, Walter Yeh, has stated that the delegation will hold meetings in Shanghai, Chengdu, Xian, Shenzhen and Xiamen with potential trade show partners. Yeh added that an agreement… more
Jul 25, 2011
The “Maximise Your Business Opportunity in ASEAN through Thailand’s Champion Trade Shows” business forum recently was organized by the Thailand Convention & Visitors Bureau with the aim to attract Indonesian visitors to five ‘champion’ trade shows being supported by the bureau.
At the forum, the two countries came together on agreements in the exhibition industry with the goal to create long-term mutual economic benefits, according to TCEB officials.
The event was part of TCEB’s “Better the Best” campaign, which focuses on some of the… more
Jul 11, 2011
After growing through the global recession in both 2008 and 2009, the trade fair industry in Asia expanded yet again in 2010, according to the recently released “The Trade Fair Industry in Asia” UFI/BSG report.
Across the region, 15.5 million square meters were sold by organisers at 1,833 events.
China leads the region by every measure including space sold. Approximately, 55 percent of the total was sold in China – 8.5 million square meters at more than 500 business-to-business exhibitions.
This is particularly significant given that in 2005, space sold in all of… more
Jul 11, 2011
In its sixth year, United Business Media’s Renewable Energy Asia drew approximately 17,000 attendees June 1-4 to the Bangkok International Trade & Exhibition Centre, according to UBM Asia (Thailand) officials
The event was collocated with Entech Pollutec and Pumps and Valves Asia and is one of five events supported by the Thailand Convention & Exhibition Bureau’s “Better the Best” campaign.
In addition, 150 global companies took part in the show and generated more than 10 billion baht in transactions.
“The event was an enormous success and saw… more
Jul 11, 2011
Reed Exhibitions’ and the China Solid State Lighting Alliance’s China International Exhibition and Forum on Solid State Lighting (China SSL) will relocate Nov. 8-10 to Guangzhou’s Baiyun International Convention. Last year’s show was held at the Shenzhen Convention & Exhibition Center.
“Industry experts believe that the China SSL, by relocating to Guangzhou, will greatly enhance the development of the SSL industry in the Pearl River Delta region, and across all of China,” according to Reed Exhibitions’ officials.
The exhibition highlights… more
Jul 11, 2011
Clean Energy Expo China 2011 recently wrapped up in Beijing and attracted nearly 17,000 attendees to the China National Convention Center.
CEEC 2011 featured 320 exhibitors from 19 countries and regions, including national representations from Germany (led by the German Industry & Commerce), Canada (led by the Ontario Investment and Trade Services, Ministry of Economic Development and Trade) and the Netherlands.
There also were several big-name industry sponsors and exhibitors on hand, such as SSB/Emerson, BASF, Siemens, Bachmann electronic, CSR Zhuzhou, LDK, State Grid, Longyuan… more
Jul 11, 2011
Hong Kong-listed Pico Far East Holdings has announced interim results for the six months ended April 30. The company’s turnover was $180 million, a decrease of 4.5 percent, compared with the same period last year. Profits during the period were $10.6 million – essentially the same at the $10.5 million recorded in the same period last year. Dilute earnings per share during the period were HK$0.0677.
Pico’s exhibitions and event marketing services business unit generated 81 percent of the company’s revenues ($146 million), representing a drop of 7.8 percent. The… more
Jul 11, 2011
U.S.-based business-to-buisness media and information company PennWell Corporation has entered a joint venture partnership with trade show organizer Shenzhen Dresche Exhibition & Planning Co. to organize the annual Asia SOLAREXPO convention and exhibition. The 7th edition of the solar event will take place from Dec. 3-5 at the Shenzhen Convention and Exhibition Center. Asia SOLAREXPO reported the attendance of 60,100 visitors in its 2010 edition.
Under the reported terms of the joint venture, PennWell will act as the international organizer of Asia SOLAREXPO, with the opportunity to… more
Jul 11, 2011
Hong Kong-listed Sino Resources Group, formerly Kenfair International, has released its results for the year ended March 31. The company posted a turnover of $11 million, down 5.7 percent from 2010’s figure. Losses attributed to shareholders this year were greatly reduced from a loss of $108 million in 2010 to $4.4 million this year.
All revenues were reported to have been generated from the company’s exhibitions business. In particular, more than 90 percent ($9.8 million) came from the Mega Show Part 1 and Part 2 held in October 2010 in Hong Kong. The remaining revenues ($828… 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.