News

Jun 05, 2011
NASDAQ-listed Global Sources announced several key changes to take place at senior management level. Chief information officer Bill Georgiou will retire from his post at the end of January 2012 and is expected to take on a consultant role for the company. Georgiou will be replaced by current chief operating officer Peter Zapf, and the company’s general manager of content & community development, Brent Barnes, will take over the role of COO effective Feb. 1. Merle Hinrichs, chairman and CEO of Global Sources, said, “During Peter’s 10-year tenure with Global Sources, he… more
Jun 05, 2011
According to various media reports, exhibition space in Jakarta is set to double by 2014, as an extra 150,000 square meters of exhibition space will be added through the addition of three to four newly-built venues. The largest addition, named the Alam Sutera International Exhibition and Convention Center, will contribute an expected 100,000 sq. m. of exhibition space, as well as a plenary hall, which will seat 10,000 for conventions. The venue reportedly will be situated in Tangerang which is approximately half an hour away from Soekarno-Hatta International Airport, Jakarta’s main… 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 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 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
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

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