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"Asia Business Media" - 5 new articles

  1. Taiwan’s MICE events up 21% in 2014
  2. Hong Kong’s AWE to partner ZHICEC
  3. ICC Sydney set for Asia roadshow
  4. Made-in-China.com’s profit down 14% in 2014
  5. HKTDC’s four April fairs to attract 6,900+ exhibitors
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Taiwan’s MICE events up 21% in 2014

News this week: The Taiwan External Trade Development Council (TAITRA) has recently released its 2014 MICE statistics reporting a total of US$1.23 billion in revenue generated from MICE activities during the year. The number of MICE events grew by 21% over 2013 reaching more than 500.

TAITRA’s flagship MICE promotion project, MEET TAIWAN, attributed the increases to leading trade shows including COMPUTEX, Taipei International Cycle Show, and the Taiwan International Boat Show. TAITRA also claims international trade visitors reached close to 190,000, and highlighted those originating from Japan, Korea, Malaysia, Singapore, Thailand, and Australia.

Walter Yeh, deputy secretary general of TAITRA, commented, “544 MICE events were registered in Taiwan last year. With the inauguration of new convention and exhibition facilities in the northern Taipei suburb of Nangang, the southern industrial area of Kaohsiung, and more planned for centrally located Taichung.”

Separately, MEET TAIWAN announced it will focus on cities in mainland China this year, including Urumqi, Shanghai, Suzhou, Harbin and Beijing, who are eligible for its FIT programme – where Chinese tourists can visit Taiwan as free independent travellers instead of being restricted to travel as part of a tour group. Sales missions are scheduled in 2015 with the first held this week August.

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our websiteto find out more about this service. You can also follow us on Twitterfor all the latest updates.
    


Hong Kong’s AWE to partner ZHICEC

News this week: Hong Kong’s AsiaWorld-Expo (AWE) will cooperate with the Zhuhai International Convention & Exhibition Center (ZHICEC), which opened in October 2014, to jointly hold events at the two venues.

A cooperation agreement was signed during the “Hong Kong and Zhuhai Convention and Exhibition Industry Cooperation Conference” by AWE’s CEO, Allen Ha, and ZHICEC’s Chairman, Pan Keqing. Under the terms of the agreement, the venues will implement a “one event, two venues” policy to attract more events.

According to Allen Ha, the cooperation between Hong Kong and western Guangdong will become closer after the completion of the Hong Kong-Zhuhai-Macau Bridge. The cooperation between AWE and ZHICEC is also believed to provide opportunities for developing the conventions business.

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our websiteto find out more about this service. You can also follow us on Twitterfor all the latest updates.
    

ICC Sydney set for Asia roadshow

News this week: The International Convention Centre Sydney (ICC Sydney) will embark on an Asia-wide tour in the coming month to meet with business event decision makers ahead of the venue’s opening in December 2016. ICC Sydney will showcase its offerings at the events including a virtual tour of the completed venue.

ICC Sydney’s CEO and AEG Ogden group director of convention centres, Geoff Donaghy, will lead a team to participate in the upcoming Business Events Australia’s North East Asia Showcase in Shanghai (19th to 21stApril) and the South East Asia Roadshow in Jakarta, Kuala Lumpur and Singapore (3rd to 7th May).

Donaghy was quoted saying, “ICC Sydney is stepping up its engagement across Asian markets. Our involvement in Business Events Australia’s high profile annual marketing mission in the region allows us to further showcase the range of innovative marketing tools that have already been incredibly well received by the industry.”

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our websiteto find out more about this service. You can also follow us on Twitterfor all the latest updates.
    


Made-in-China.com’s profit down 14% in 2014

News this week: Earlier this week, Shenzhen-listed Focus Technology, the operator of Made-in-China.com, released its financial results for the year ended 31st December 2014. Revenues were US$82 million, nearly flat with the previous year. Net income in the year dropped 14%, down to US$19 million. Diluted earnings per share were RMB 1.02 (US$0.16) in 2014.

The Nanjing-based company generated the majority of its revenues through its online sourcing platform, Made-in-China.com. Membership fees generated 47% of total revenues, amounting to US$39 million. The company’s “Audited Supplier Services” generated 17% of total revenues, or US$14 million, while their other value-added services generated US$13 million – 16% of total revenues.

As of 31st December 2014, Made-in-China.com had 13,457 registered members. The majority of them (12,795) were registered on its flagship English-language sitecompared with only 662 members on its Chinese site.

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our websiteto find out more about this service. You can also follow us on Twitterfor all the latest updates.
    

HKTDC’s four April fairs to attract 6,900+ exhibitors

News this week: The Hong Kong Trade Development Council (HKTDC) will hold four trade fairs later this month: Hong Kong Houseware Fair, Hong Kong Gifts & Premium Fair, Hong Kong International Home Textiles & Furnishings Fair, and Hong Kong International Printing & Packaging Fair. The fairs will reportedly attract over 6,900 exhibitors.

In its 30th edition, the Houseware Fair and the Gifts & Premium Fair, will both be held at Hong Kong Convention and Exhibition Centre (HKCEC). The Houseware Fair will run from 20th to 23rdApril, featuring more than 2,100 exhibitors from 36 countries and regions. New products zones will be introduced at the fair, including bath, beauty & healthcare; festive decor; home cleaning; storage solution; and wine tools & accessories.

More than 4,200 exhibitors from 37 countries and regions will attend the Gifts & Premium Fair, running from 27th to 30thApril. The sixth edition of the Home Textiles & Furnishings Fair, concurrent with the Houseware Fair, will attract an additional 240-plus exhibitors. Finally, the 10th Printing & Packaging Fair, jointly organised with CIEC Exhibition Company (HK) Limited, will take place at AsiaWorld-Expo(AWE) from 27th to 30th April. Featuring more than 410 international exhibitors, first time participants at the fair will include those from Belgium, Korea, Malaysia and Vietnam.

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our websiteto find out more about this service. You can also follow us on Twitterfor all the latest updates.
    


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