News
May 23, 2011
There was a notable increase in the number of international pavilions coming from a total of 10 countries and regions at the IFAT CHINA + EPTEE + CWS 2011 events organized by Messe München International and Shanghai ZM International Exhibition.
The combined shows were held May 5-7 at the Shanghai New International Expo Centre.
The International Trade Fair for Water, Sewage, Refuse, Recycling and Natural Energy Sources has strengthened its prevailing position as the largest and most important environmental trade show in Asia, according to show organizers.
"This year’s… more
May 23, 2011
Sydney jumped an impressive 17 spots to snag the No. 10 ranking out of 364 global business destinations on the 2010 International Convention & Congress Association List.
Within the Asia-Pacific region, Sydney is ranked as the No. 2 business events destination, second only to Singapore.
In 2010, Sydney hosted almost half of the total number of meetings attributed to Australian cities.
“The result is a strong indication of the robustness of Sydney’s meetings industry and our ability to deliver world-class meetings, events and conferences,” said Jon Hutchison, CEO… more
May 23, 2011
United Business Media Asia recently promoted Michael Duck to executive vice president of UBM Asia, effective June 1.
According to UBM Asia officials, Duck has been instrumental in the company’s growth since its establishment in 1994, particularly in Hong Kong, China and the U.S.
During the past five years, Duck also has played a crucial role in the rapid development of UBM India, helping it to become a sizeable $20 million in revenue business, with a healthy profit margin.
In addition, Duck has been heavily involved in the strong growth of UBM Asia’s business in the… more
May 23, 2011
Hong Kong Convention and Exhibition Centre Management (HML) was presented the Award for Organisation with the Highest Amount of Carbon Footprint Reduction and the Carbon “Less” 14% Certificate of the Hong Kong Awards for Environmental Excellence (HKAEE) in recognition of HML’s efforts in carbon reduction during 2009.
HML had participated in the program for the first time and, according to HML officials, was “glad to have achieved a total of 14% carbon reduction, which is far more than the minimum requirement.”
In addition, HML has received the “Award… more
May 22, 2011
The Info Salons Group, an event technology group, celebrated 21 years in the business last week. The company was founded in Australia offering event registration solutions. Info Salons now has 150 staff across offices in Sydney, Beijing, Shanghai, Hong Kong and Dubai. The company’s first European office is due to open in London later this year. Info Salons now offers services ranging from pre-event registration to social media integration to data management and data security.
Company Co-founder Jo-Anne Kelleway said, “In the past twenty-one years, we've seen huge changes… more
May 18, 2011
Global Sources has formed a new partnership in order to launch Machinery & Industrial Supplies Fair at the Bombay Exhibition Centre. The event will be Global Sources first exhibition aimed at serving the Indian domestic market.
It will be co-hosted by Infocom Network Ltd., the owner and operator of Tradeindia.com and will be collocated with the Mumbai edition of the China Sourcing Fairs running from Nov. 23-25.
Targeting Indian buyers and suppliers, products categories at show will include conveyor belts, gear boxes and gear cutting products, engineering goods and equipment,… more
May 18, 2011
MCH Swiss Exhibition (Basel) Ltd., a MCH Group subsidiary, announced it will acquire a 60-percent stake in Asian Art Fairs Limited, the organizer of the Hong Kong International Art Fair (ART HK). The deal will be completed July 1, and the MCH Group has the option of acquiring the remaining 40 percent shares in Asian Art Fairs Limited in 2014. No financial details were disclosed.
ART HK, an annual event launched in 2008, has grown into one of the largest art fairs in Asia, attracting international galleries, collectors, curators and museum directors. ART HK 2011 will be held May 26-29 at… more
May 18, 2011
NASDAQ-listed Global Sources recently released its results for the quarter ended 31st March 2011. Revenues were $37.5 million, up 5.6 percent, compared with the $35.5 million recorded in the same quarter in 2010. Net income in the period was $3.5 million – a year-on-year decrease of 4.3 percent from $3.7 million in 2010. Diluted earnings per share in the quarter were $0.10.
The Hong Kong-based company generated revenues of $27.2 million from its online business – 73 percent of total revenues – that is a 17-percent jump, compared with the $23.2 million recorded… more
May 18, 2011
The biannual China Import and Export Fair (Canton Fair), organized by the China Foreign Trade Centre and Ministry of Commerce (MOFCOM), concluded with a reported 207,000 international visitors - a 5.8-percent increase, compared with more than 2010, setting a new record high. According to the organiser, the fair reportedly facilitated $36.8 billion worth of trade deals.
Organisers claimed trade with the Middle East dropped 11 percent in terms of volume due to the political unrest in that region.
Visitor numbers from Libya plummeted 80 percent and numbers from Egypt and Tunisia also were… more
May 10, 2011
In April, nine exhibitions focusing on various industries were held and thousands of exhibitors and visitors gathered for business and networking at China’s Zhengzhou International Convention & Exhibition Centre.
Among the nine exhibitions held last month, three of them were new exhibitions held at the ZZICEC for the first time.
The new shows were the China Zhengzhou Baking Exhibition, China Zhengzhou Food Ingredient, Additive and Equipment Expo and China Zhengzhou Food Preservation, Freezing Technique Exhibition.
“Our strategy is to expand our event portfolio by… 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.