TCEB Unveils 5-year MICE Roadmap
The September Hong Kong Jewellery & Gem Fair (September Fair), organised by UBM Asia, held its 33rd edition this week. The trade fair runs from 16th to 20th September and is held at two venues. At AsiaWorld-Expo (AWE), it will be held from 18th to 22nd September. The finished jewellery section will be held at the Hong Kong Convention and Exhibition Centre (HKCEC).
According to UBM, this year’s edition has set a new record with 3,752 exhibitors, covering over 135,000 m2 across the two venues. With over 450 diamond companies and 760 gemstone companies participating, the fair is billing itself as the world’s largest diamond pavilion and Asia’s biggest gemstone marketplace. UBM Asia expects the trade fair will draw over 60,000 buyers.
Celine Lau, Director of Jewellery Fairs, UBM Asia, commented, “The Fair is not only an effective marketplace and platform to tap into the Asian markets, but also functions as a ‘filter’ as only serious buyers and exhibitors will attend world-class fairs like the September Fair. A fair of this calibre offers tremendous value to both exhibitors and buyers. It also provides easy access to some of the industry’s most reputable vendors, thus helping the industry to continue to grow.”
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.
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