News

Sep 04, 2011
Alibaba organised its first “Big Buyer” Sourcing Event in Hong Kong, which was held on Aug. 18. The event attracted nearly 100 suppliers, most of which were Gold Suppliers on Alibaba.com, with an opportunity to present to 10 buying corporations in one-on-one meetings. The sessions reportedly generated US$50 million in orders for the suppliers. This is the first time Alibaba.com has held such an event in Hong Kong. It also featured key note speeches, a panel discussion and a luncheon. Vincent Wong, senior director of buyer service and development of Alibaba.com, said, “… more
Sep 04, 2011
China’s homeware industry organisation, the China Chamber of Commerce for Import and Export of Light Industrial Products and Arts-Crafts (CCCLA), announced an agreement with Reed Exhibitions Greater China’s subsidiary, Reed Huabo Exhibitions, to launch a new homeware show, LUXE HOME. LUXE HOME is scheduled to take place in June next year at the Shanghai World Expo Exhibition & Convention Center. The two organisations are expecting the show to occupy 20,000 square meters of exhibition space with 300 exhibitors and 20,000 visitors. Preecha S. Chen, president of Reed… more
Sep 04, 2011
Exhibitions and Events Australia Pty Ltd (EEA) has confirmed that it has acquired two Australian exhibitions, the Courier-Mail and Sunday Mail Home Shows. The events were acquired from Queensland Newspapers Pty Ltd. Jane Ford, managing director of Exhibitions and Events Australia, said, “The Courier-Mail and Sunday Mail Home Shows are some of Australia’s most highly regarded consumer events with a solid history of achieving success thanks to the many years of expert management by Organisers International. The events are currently in a very strong position and we are… more
Aug 23, 2011
The Hong Kong Trade Development Council’s Food Expo broke attendance records in its 22nd year, with 380,000 visitors coming to the five-day fair, a 3-percent increase, compared with the 2010 event. The show was held Aug. 11-15 at the Hong Kong Convention and Exhibition Centre and exhibitor records also were broken at this year’s event, according to HKTDC officials. The Food expo included the new Gourmet Zone, which featured premium food and processing products from around the world. The products included Belgium handmade chocolate, French ice cream, Spanish ham, Indonesian… more
Aug 23, 2011
Now, attendees not only will be able to go to events at the Sydney Convention & Exhibition Centre in person, but they also will be able to visit the event online afterward. The virtual event service is offered by the center, and the first event to be made available online after the live event wrapped up was the Australian Business Events Expo, known as ABEE Online. The ABEE Online event will be the first time an Australian venue has coordinated a virtual event, with the centernow planning to include the service as part of its regular offerings to clients, according to SCEC officials… more
Aug 23, 2011
Booth space at the collocated China Sourcing Fairs: Electronics & Components, Security Products, Solar & Energy Saving Products and Korea Sourcing Fair: Electronics & Components, scheduled Oct. 12-15, has been completely sold out. When the show opens its doors, attendees will have the ability to peruse 3,800 booths at Hong Kong-based AsiaWorld-Expo, a 15-percent increase, compared with last year’s event. "Our electronics shows continue to attract the world's top buyers and this is driving demand for exhibitor space at our shows,” said Tommy Wong,… more
Aug 23, 2011
Reed Exhibitions’ decision to bring its SinoFoldingCarton show to Beijing for the first time this year paid off with an expanded showfloor spanning 20,000 square meters and 300 exhibiting companies, 22 of which were new. The show was held July 6-8 at the China International Exhibition Center and showcased new equipment, materials and manufacturing solutions for the folding carton industry. Well-known local and international companies exhibited at the event, such as Masterwork Machinery, the Shengding Group, Founder Electronics, Meiguang Machinery, Hongjing, Tokyo Wenhong, Esko-… more
Aug 23, 2011
The first edition of annual trade show Asia Bike attracted an excellent turnout, reporting the attendance of just under 12,000 trade visitors and 138 exhibiting brands at the Nanjing International Expo Centre. Held alongside Asia Outdoor, the four-day show ran from 27th to 30th July and occupied a total area of 12,000 square meters and 42,000 sq. m. respectively. Asia Bike is jointly organised by Messe Friedrichshafen and Nanjing Ningfei International Exhibition Co. Focused on sports and luxury bicycles, the event also covered clothing and accessory products. A total of 95 international… more
Aug 23, 2011
NASDAQ-listed Global Sources has reported results for the quarter ended June 30. Revenues in the second quarter were US$66.5 million, up 13 percent, compared with US$58.6 in the same period last year. Net profit attributable to shareholders was US$10.1 million, jumped 24 percent, compared with 2010’s US$8.2 million. Revenues from mainland China were US$52.5 million, increased by 20 percent, compared with US$43.6 million recorded last year. The online services generated US$29.9 million in the second quarter, a year-on-year increase of 32 percent, compared with last year’s US$22… more
Aug 23, 2011
IT and electronics trade show, CEATEC Japan, has agreed to collaborate with the 42nd Tokyo Motor Show this year in an effort to provide a strong message regarding Japan’s recovery following the earthquake-tsunami disaster in March 2011. The collaboration sees two of Japan’s largest and most influential industries (IT & electronics and automobile) combining to highlight the resilience of Japan’s manufacturing industry. The partnership involves collaboration designed to increase media coverage as well as visitor numbers. The partnership has branded itself as ‘… 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.