tag:blogger.com,1999:blog-131092032024-03-13T10:54:32.226+08:00Asia Business MediaThis is a BLOG from Mark Cochrane of Business Strategies Group in Hong Kong. We've been keeping a close watch on B2B media and business information in Asia since 2000 and look forward to sharing insights with you.Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.comBlogger2267125tag:blogger.com,1999:blog-13109203.post-14880888302449676022015-06-12T19:43:00.001+08:002015-06-12T19:43:33.124+08:00Inaugural Seatrade Cruise Asia in Busan postponed<div class="MsoNormal">
<i>News this week</i>: The inaugural edition of <a href="http://www.cruiseshippingevents.com/asia">Seatrade Cruise Asia</a>
has been postponed to a later date as a result of the MERS virus outbreak in
Korea according to the organiser and UBM subsidiary, <a href="http://www.seatrade-global.com/">Seatrade
Communications</a>. The two-day
trade show was scheduled to take place at the <a href="http://www.bexco.co.kr/eng/Main.do">Busan
Exhibition and Convention Centre</a> from 11<sup>th</sup> to 12<sup>th</sup> June.<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Seatrade received an
increasing number of withdrawal notifications from its key stakeholders including
delegates, speakers and cruise lines. The organiser says its planned conference
programme can no longer be delivered as scheduled as regional travel
restrictions have been imposed by other Asian countries.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Andrew Williams,
general manager Seatrade, commented, “This decision has not been an easy one
and we have looked into every possibility, however in consultation with the
industry, we feel that this is the most appropriate course of action.”</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-36373467676771788192015-06-12T19:42:00.000+08:002015-06-12T19:43:33.131+08:00Global Sources announces US$50 mil share buyback<div class="MsoNormal">
<i>News this week</i>: NASDAQ-listed <a href="http://www.globalsources.com/">Global
Sources</a> announced this week
that the company plans to launch a cash tender offer for up to US$50 million in
outstanding common shares at US$7.50. That represents a 43% premium over the
closing price on Tuesday (US$5.23). Under the terms of the offer, the company
may buy back as many as 6.67 million common shares or close to 22% of
outstanding shares. According to its financial statement, as of 31<sup>st</sup>
March 2015, the company had US$103.6 million in cash and cash equivalents. <o:p></o:p></div>
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<br /></div>
<div class="MsoNormal">
Global Sources has
made similar offers three times in the past - buying back US$50 million worth
of shares at US$10 per share in 2014, US$100 million at US$9 per share in 2010
and US$50 million at US$8 per share in 2008.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Merle A. Hinrich, Global
Sources’ executive chairman, said, “I am pleased to announce that after
carefully considering all of the options to return capital to the shareholders,
the Board of Directors has approved a tender offer as the most efficient
alternative at this time. At the close of the transaction, Global Sources will
still have a strong balance sheet, giving us the financial strength to pursue
our growth initiatives and other options to invest in the business.”</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-20830449657154473222015-06-12T19:41:00.000+08:002015-06-12T19:43:33.128+08:00Pico Thailand records profit in Q2<div class="MsoNormal">
<i>News this week</i>: Last week, <a href="http://www.picothai.com/index.php">Pico Thailand</a>,
the Thai-listed subsidiary of <a href="http://www.pico.com/en/">Pico Far East
Holdings</a>, announced its results for the quarter ended 30<sup>th</sup> April
2015. Revenues in the quarter were US$8.7 million, up 34% over the same quarter
in 2014. The company recorded a net profit of US$380,000 in the period,
compared with a net loss of US$94,000 last year.<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Pico Thailand attributed the growth in revenue to its event
marketing business stemming from new customers and an increase in
marketing-budget spending from the existing customers.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Pico Thailand also reported its results for the half-year ended
30<sup>th</sup> April. Revenues in the six-month period were US$15 million, a modest
increase of 1.1% over the same period last year. The company recorded a net
profit of US$377,000, representing strong growth over the 2014 figure of
US$78,000. Earnings per share in the period were Baht 0.059 (US$0.0018).</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-75128226201187046322015-06-12T19:40:00.000+08:002015-06-12T19:43:33.142+08:00THAIFEX concludes with record 35,000+ visitors<div class="MsoNormal">
<i>News this week</i>: International exhibition organiser, <a href="http://www.koelnmesse.com/Koelnmesse/index-4.php">Koelnmesse</a>,
concluded its <a href="http://www.worldoffoodasia.com/">THAIFEX – World of Food
Asia 2015</a> last month, with record number of visitors. Running from 20<sup>th</sup>
to 24<sup>th</sup> May at <a href="http://www.impact.co.th/index.php/facilities/impactexhibitioncenter/en">IMPACT
Exhibition Center</a>, the five-day trade show attracted more than 35,000 trade
visitors, of those, 7,274 were from overseas.<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Among the 1,675 exhibitors from 16 sectors, 811 were
international exhibitors. This year, a total of 24 country and provincial
groups attended the show, including three new national pavilions representing Germany,
Mexico and Turkey. Three supporting shows including <a href="http://www.koelnmesse.com.sg/shows/thaifexasia/index.php?q=world-seafood">World
of Seafood</a>, <a href="http://www.world-of-coffeeandtea.com/">World of Coffee
& Tea</a> and the <a href="http://www.world-of-food-service.com/">World of
FoodService</a> were held concurrently with THAIFEX.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Michael Dreyer, vice president, Asia Pacific, Koelnmesse Pte
Ltd, said, “THAIFEX – World of Food Asia, celebrated our tenth anniversary last
year. This year, we marked a milestone by expanding our fairground, and the
continued growth and encouraging response is solid proof that we are growing in
the right direction that we started out in. This has been very rewarding for Koelnmesse
and our co-organisers, <a href="http://www.ditp.go.th/main.php?filename=intro">DITP</a>
(Department of International Trade Promotion) and <a href="http://www.thaichamber.org/">TCC</a> (The Thai Chamber of Commerce).”</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-47705690297344911852015-06-12T19:39:00.000+08:002015-06-12T19:43:33.135+08:00The Hub fashion show relocates to Shanghai<div class="MsoNormal">
<i>News this week</i>: The upcoming 5<sup>th</sup> edition of <a href="http://www.thehub.hk/home">The HUB</a>, billed as Asia’s premium brand fashion
trade show, will relocate from Hong Kong to Shanghai this year. The show will
run from 13<sup>th</sup> to 15<sup>th</sup> October at <a href="http://centralstudios.cn/">Central Studios</a>, to coincide with the <a href="http://www.shanghaifashionweek.com/">Shanghai Fashion Week</a> taking place at
the nearby Xintiandi district.<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
The HUB in Shanghai will showcase around 40 international brands together
with a selection of leading Chinese designers. Confirmed exhibitors so far include
Boy London, Dienastie from Sweden, Rack & Ruin from the U.K., Swims of
Norway, Flying Zachinnis and Juma from the U.S., along with leading
Beijing-based designers Zhang Chi and Capitale Nord.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Richard Hobbs, co-founder of The HUB, said, “From the outset just two
years ago we knew that at some point we would take The HUB to Mainland China
and now is the right time… From today, China will be reducing import tariffs on
a number of clothing and footwear categories and we can only see more openness
as China makes it easier for brands to import, find buyers and partners.”</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<br />
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i></div>
<div class="MsoNormal">
<o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-5074381133418772742015-06-12T19:37:00.001+08:002015-06-12T19:43:33.139+08:00Alibaba signs strategic agreement with Shanghai Media Group<div class="MsoNormal">
<i>News this week</i>: China’s largest e-commerce company, <a href="http://www.alibabagroup.com/en/global/home">Alibaba Group</a>, has signed
a strategic agreement with <a href="http://www.smg.cn/english_index.shtml">Shanghai
Media Group</a> (SMG) to serve China’s financial information services industry through
their Internet technology and media resources.<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Under the agreement, Alibaba will invest RMB 1.2 billion
(US$194 million) into China Business News (CBN), a Chinese financial media
company under SMG, and launch a financial data and information service company.
The two companies will also jointly develop a comprehensive financial data and
information platform to provide users, especially small- and medium-sized
enterprises, with financial news and information. CBN’s wealth management
information product will launch on Mobile Taobao in the near future.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Alibaba Group founder and executive chairman, Jack Ma, said,
“The era of Data Technology is here and it will surpass the Information
Technology era. The DT era is about transparency, sharing of information and
enabling others. Alibaba is excited about the possibilities of the DT era and
how it can bring value to society.”</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-42682815373662997072015-06-05T19:20:00.000+08:002015-06-05T19:20:47.698+08:00dmg invests in Chinese property data market<div class="MsoNormal">
<i>News this week</i>: <a href="http://www.dmginfo.com/asia/our-team-asia">dmg information
Asia Pacific</a> announced its venture into the Chinese property information
market by investing in Funcent, a data and workflow solutions provider to real
estate valuation companies and commercial banks. No financial details were
disclosed.<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Funcent provides a data workflow and price enquiry platform
through its Cloud Appraisal System. According to dmg information, the company
will increase its shareholding in Funcent over the next few years to expand its
business in China, focusing particularly in the commercial real estate market
in Beijing and Shanghai.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Stephen Stout, CEO of dmg information Asia Pacific said, “With
our knowledge of the property markets in other countries and the similarity of
the Funcent products to those provided by other dmg information companies, we
believe we can bring considerable value to the business.”</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-85320283816395367392015-06-05T19:19:00.000+08:002015-06-05T19:20:47.705+08:00Baidu plans expansion in Latin America<div class="MsoNormal">
<i>News this week</i>: According to media reports, leading Chinese-language Internet search
provider, <a href="http://ir.baidu.com/phoenix.zhtml?c=188488&p=irol-homeprofile">Baidu</a>,
has plans to further expand its business in Latin America following the launch
of its <a href="http://www.baidu.com.br/">search engine in Brazil</a> last
year.<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Baidu has reportedly identified Argentina, Chile or Mexico
as possible locations to set up the company’s next Latin American operation.
Baidu will also aim to position itself as a service aggregator to replace disparate
mobile-based apps and create a single platform to offer the services.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Baidu will reportedly rely on acquisitions or form
partnerships with local services providers for its expansion plans. In October
2014, Baidu completed an <a href="http://www.reuters.com/article/2014/10/09/us-peixe-urbano-m-a-baidu-idUSKCN0HY1EN20141009">acquisition</a>
in Brazil for online group buying platform, <a href="https://www.peixeurbano.com.br/">Peixe Urbano</a>, for an undisclosed sum.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-21312232846545354552015-06-05T19:18:00.002+08:002015-06-05T19:20:47.693+08:00Cebu’s SMX convention centre to open in 2017<div class="MsoNormal">
<i>News this week</i>:
The Philippines’ Visayas region is scheduled to receive its first major
convention centre with the opening of <a href="http://www.smxconventioncenter.com/">SMX Convention Center</a> in Cebu by 2017.
The size and capacity of the new venue has yet to be determined. Construction will reportedly begin in August
2015.<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
SMX Convention Centre will become a part of a new development built on
reclaimed land that is modelled on Manila’s Mall of Asia. The new development
will also include a hotel and an indoor arena for sports, concert and other
events.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
According to Dexter Deyto, vice president and general manager of <a href="http://www.smxconventioncenter.com/">SMX Convention Specialists</a>, the new venue
will join the group’s existing portfolio of trade halls which include other
convention centres in Manila, Bonifacio Global City, Davao and Bacolod.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-40384518575238669182015-06-05T19:17:00.002+08:002015-06-05T19:20:47.695+08:00CEIR: U.S. exhibition industry up 4.6% in Q1<div class="MsoNormal">
<i>News this week</i>: Earlier this week, the <a href="http://www.ceir.org/">Center for
Exhibition Industry Research</a> (CEIR) released its index report on the first quarter
performance of the U.S. exhibition industry. The U.S. exhibition industry grew 4.6%
year-on-year to record an eight year high.<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
All four metrics of CEIR’s index, net square feet sold,
number of exhibitors, number of attendees, and revenues, recorded growth. Growth
of revenues led the index recording an increase of 7.3% year-on-year. This was
followed by growth in net square feet sold of 4.1%, number of attendees by 3.7%,
and a 3.3% growth in number of exhibitors.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
CEIR President & CEO Brian Casey, CEM, was quoted, “We
are very encouraged to see that the exhibition industry is continuing its
upward climb. While industry growth has been moderate, the strong performance
of Q1 is certainly offering positive indicators for the near future.”</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-69613714464778748682015-06-05T19:16:00.002+08:002015-06-05T19:20:47.702+08:00UBM to hold record-breaking June jewellery and gem fair<div class="MsoNormal">
<i>News this week</i>: <a href="http://www.ubmasia.com/">UBM Asia</a>’s <a href="http://exhibitions.jewellerynetasia.com/6jg/FairInfo/Home/tabid/5065/language/en-US/Default.aspx">June Hong Kong Jewellery & Gem Fair</a> (June Fair) will be held this year on 25<sup>th</sup>
to 28<sup>th</sup> June at the <a href="http://www.hkcec.com/front-page">Hong Kong Convention and Exhibition Centre</a> (HKCEC). The organiser reports 2,233
exhibitors will set a new show record to occupy more than 70,000 m<sup>2</sup>
of exhibition space.<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
This year’s June
Fair will feature 16 themed pavilions, including the debut of the Stainless
Steel Jewellery Pavilion, Fashion Jewellery Pavilion and Designer Arena. The
Stainless Steel Jewellery Pavilion and Fashion Jewellery Pavilion will feature
20 stainless steel jewellery exhibitors and 90 fashion jewellery exhibitors
respectively.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
The June Fair is
also supported by <a href="http://www.mineralandgem.com/en-us/Fair-Info/Gem">Mineral and Gem Asia</a>
(6MG), which will be held concurrently at the <a href="http://www.asiaworld-expo.com/html/en/Default.html">AsiaWorld-Expo</a> (AWE) from 27<sup>th</sup> to 30<sup>th</sup>
June. Products showcased at 6MG focuses on rough gemstones and semi-precious
stones. The organiser will offer a free shuttle bus service to transport
registered exhibitors and visitors between the venues.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-6919412746129373502015-06-05T19:15:00.002+08:002015-06-05T19:20:47.700+08:00Computex Taiwan hosts 1,702 exhibitors<div class="MsoNormal">
<i>News this week</i>: This week, the 35<sup>th</sup> edition of
ICT trade show <a href="https://www.computextaipei.com.tw/en_US/index.html">Computex Taipei</a> opened at the <a href="http://www.twtc.com.tw/">Taipei
World Trade Center</a> (TWTC)
featuring 1,702 exhibitors from 21 countries and regions occupying 5,072
booths. The exhibition is spread over the two additional venues of <a href="http://www.twtcnangang.com.tw/?Lang=en-US">TWTC Nangang Exhibition Hall</a> and <a href="http://www.ticc.com.tw/index_en.aspx?lang=en-us">Taipei International Convention Center</a> running from 2<sup>nd</sup> to 6<sup>th</sup>
June.<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Billed as the
largest trade show of its kind in Asia and second largest in the world,
Computex is organised by the <a href="http://www.taitra.org.tw/">Taiwan External Trade Development Council</a> (TAITRA). TAITRA expects to receive more
than 130,000 visitors over five days, including around 38,000 overseas buyers.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Walter Yeh, TAITRA’s
executive vice president, highlighted the potential growth opportunities of
Internet of Things, commenting, “Soaring growth in this area is boosting demand
for multiapplication chips. Computex is the perfect platform for global
chipmakers to show off their R&D results.”</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-68536486329372617702015-05-29T18:22:00.000+08:002015-05-29T18:23:10.345+08:00Alibaba launches Korea Pavilion on Tmall.com<div class="MsoNormal">
<i>News this week</i>: China’s largest e-commerce company, <a href="http://www.alibabagroup.com/en/global/home">Alibaba Group</a>, has
announced the launch of a Korea Pavilion on its Tmall.com platform. <a href="http://korea.tmall.com/">Tmall.com’s Korea Pavilion</a> opened on 18<sup>th</sup>
May and allows any Korean retail goods to be listed.<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Tmall.com’s Korea Pavilion was introduced in a ceremony at
the <a href="http://atcenter.at.or.kr/home/acko000000/index.action">aT Center</a>
by Jack Ma, founder and executive chairman of Alibaba Group, and Choi
Kyunghwan, Deputy Prime Minister of Korea. The Korean Pavilion has partnered
with <a href="http://www.at.or.kr/home/apen000000/index.action">Korea Agro-Fisheries
& Food Trade Corporation</a> (aT) and <a href="http://www.kita.org/">Korea
International Trade Association</a> (KITA). According to Alibaba, a Korean
herbal cosmetics brand was among their best-selling item during China’s
Singles’ Day in November last year.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Jack Ma was quoted saying, “The Korea Pavilion is Alibaba
Group’s first official country pavilion and we will continue to work with
governments of other countries to launch similar pavilions in the future in
order to satisfy the needs of our Chinese consumers. Korean made products have
always been popular in China and we are excited to bring these products onto
Tmall.com.”</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-2695808237124915832015-05-29T18:21:00.000+08:002015-05-29T18:23:10.341+08:00Japanese tax amendments to impact B2B online transactions<div class="MsoNormal">
<i>News this week</i>: According to media reports, Japanese
lawmakers are edging closer to amending the nation’s Consumption Tax Act, which
taxes the majority of imported goods and domestic transactions. Currently, e-commerce
transactions originating from companies registered <i>outside</i> of Japan are not subjected to this tax. <o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Lawmakers are seeking
amendments to include cross-border transactions and have reportedly been passed
by Japan’s National Diet. The legislation will come into effect on 1<sup>st</sup>
October this year. While there will be no levy imposed on the service provider,
the buyer will instead be taxed by the National Tax Agency (NTA) – but commercial
buyers will be eligible to obtain a tax credit for the fee paid.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
The amended law will
require e-commerce operators based outside of Japan to collect a tax from
Japanese buyers on behalf of the NTA. E-commerce businesses will be required to
register as an offshore service provider by July 2015 and indicate their
operating capacity as either B2B or a mix of B2B and B2C similar to current
regulations of the European Union.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-89964280342209821622015-05-29T18:19:00.000+08:002015-05-29T18:23:10.353+08:00Visitors up 28% at UBM’s Concrete Show India<div class="MsoNormal">
<i>News this week</i>: <a href="http://www.ubmindia.in/">UBM India</a>, a subsidiary of <a href="http://www.ubmasia.com/">UBM Asia</a>, recently concluded the 2015 edition of <a href="http://www.concreteshowindia.com/">Concrete
Show India</a> featuring more
than 150 exhibitors from 10 countries and regions. The three-day show was held at
the <a href="http://www.nesco.in/bec.html">Bombay Convention and Exhibition Centre</a> (BCEC) in Mumbai from 7<sup>th</sup> to 9<sup>th</sup>
May 2015. <o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
UBM reported
attendance of 5,000 trade visitors – an increase of more than 28% over the
previous edition. Overseas visitors representing the infrastructure and
construction industry included those originating from China, Germany, Greece,
Italy, Japan, Malaysia, South Korea, Taiwan, the Netherlands and U.S. Highlights
of this edition of Concrete Show India included an Innovation Corner and
Interactive Zone.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Mr. Surya Prakash, president
of the Association of Consulting Civil Engineers (India), said, “Cement and
concrete industry in India is poised for a definite growth. The recent five
year plan emphasize more on infrastructure as it is the basic requirement for
development of any sector. India is the third largest country in the world with
a massive production of 280 million tonnes and this will go to 800 million
tonnes in next few years.”</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-25676028570748233462015-05-29T18:17:00.000+08:002015-05-29T18:23:10.338+08:00Labelexpo India 2016 to relocate<div class="MsoNormal">
<i>News this week</i>: International exhibition organiser, <a href="http://www.tarsus.com/">Tarsus
Group</a>, announced the 2016 edition of its <a href="http://www.labelexpo-india.com/splash">Labelexpo India</a> will relocate
to another venue, the India Expo Centre in Greater Noida. The four-day show
will run from 17<sup>th</sup> to 20<sup>th</sup> November.<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
The previous edition of the biennial Labelexpo India took
place at <a href="http://www.indiatradefair.com/exhibitoncomplex_venue.php">Pragati
Maidan</a> from 29<sup>th</sup> October to 1<sup>st</sup> November 2014
occupying 4,663 m<sup>2</sup>. The 2014 event also featured 147 exhibitors and
7,927 visitors. According to Tarsus, India Expo Centre is a modern open plan
exhibition space situated in a good location, which will benefit both Labelexpo’s
exhibitors and visitors.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Jade Grace, Labelexpo India’s event director, commented, “We
are excited about our new home for 2016’s show and future editions. Pragati
Maidan had very limited availability for 2016 which meant the show would have
been held too close to Diwali, so by moving to the India Expo Centre we have
been able to secure much better dates for 2016’s edition. With the show set to
be around 25% larger in the new event space, we are very confident that its
more modern and central layout will enhance the show and provide a refreshed
experience for visitors and exhibitors alike.”</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-8345358839026354592015-05-29T18:15:00.000+08:002015-05-29T18:23:10.348+08:00KEC to hold first metal industry exhibition in Taiwan<div class="MsoNormal">
<i>News this week</i>: Taiwan will hold its first metal industry exhibition, <a href="http://www.imttaiwan.com/main.php?lang=zh">International Metal Technology
Taiwan</a>, at the <a href="http://www.kecc.com.tw/">Kaohsiung Exhibition
Center</a> (KEC) from 2<sup>nd</sup> to 4<sup>th</sup> December 2015. The new
show will be support by the <a href="http://www.kcg.gov.tw/EN/Index.aspx">Kaohsiung
City Government</a> and is organised by <a href="http://www.kaigo.com.tw/">Kaigo
Co., Ltd.</a> <o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
International Metal Technology Taiwan will feature
exhibitors from the entire supply chain of the metal technology sector and focus
on technological innovations, foundry technology, surface treatment, heat
treatment, castings, forging, molding, joint and cut technology, raw materials,
wires and tubes, finished and semi-finished products and engineering.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Kaigo, founded in 1978 in Taiwan, is a key player of
Taiwan’s exhibition and convention industry.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-18806721856851975092015-05-29T18:13:00.000+08:002015-05-29T18:23:10.334+08:00KLCC breaks ground on expansion project<div class="MsoNormal">
<i>News this week</i>:
Coinciding with the venue’s 10<sup>th</sup> anniversary, expansion work on Malaysia’s
<a href="http://www.klccconventioncentre.com/default.aspx">Kuala Lumpur
Convention Centre</a> (KLCC) is officially underway. The expansion plans were first approved
in February 2011.<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
The designated lot for expansion will comprise of mixed commercial use
including an office tower, convention centre and retail podium. KLCC is located
in the heart of the city’s business district. The extension will provide an
additional 10,000 m<sup>2</sup> of flexible indoor space in addition to KLCC’s existing
22,659 m<sup>2</sup>.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
In 2014, a total of 1,759 events were held at the venue attracting more
than 1.97 million delegates, an 11% increase over the 1,565 events recorded in
2013. The number of events increased from 1,565 in 2013, while delegates were
up from the 1.96 million recorded in 2013.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
KLCC’s general manager, Alan Pryor, commented at this year’s <a href="http://www.imex-frankfurt.com/">IMEX Frankfurt</a>, “We are thrilled to reveal that groundwork
began in late April and we expect the expansion to be completed in 2018. For
many current clients the expansion will enable them to grow their activities
and/or events significantly. This development will also play an important part
in the future of the Centre and the events that it hosts, as such we are very
happy that the announcement of the expansion coincides with our 10<sup>th</sup>
anniversary.”</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-7861021444712553632015-05-22T18:24:00.000+08:002015-05-22T18:24:26.304+08:00Alibaba Group acquires stake in Chinese logistics company<div class="MsoNormal">
<i>News this week</i>: New York-listed <a href="http://www.alibabagroup.com/en/global/home">Alibaba Group</a>
announced the acquisition of a minority stake in the <a href="file:///C:/Users/BSG%20User/AppData/Local/Microsoft/Windows/Temporary%20Internet%20Files/Content.Outlook/0IJCD6FW/Shanghai%20YTO%20Express%20(Logistics)%20Co.,%20Ltd,">Shanghai YTO Express (Logistics) Company</a>. Financial details were not disclosed. Both
companies plan to cooperate in developing logistics solutions to improve
efficiency of China’s logistics industry.<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
YTO Express will
work closely with Alibaba’s logistics subsidiary Cainiao to enhance the
industry’s logistics management capabilities as well as international and rural
delivery services. Cainiao was founded by Alibaba in 2013 in partnership with a
consortium of logistics companies with the aim of building a nationwide
logistics platform.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Judy Tong, senior
vice president of Alibaba Group and president of Cainiao, said, “The strategic
investment in YTO Express reflects our commitment to improving quality and
service standards in China’s logistics industry. As a platform, we look forward
to working closer with partners who share our vision to develop more efficient
logistic infrastructure and solutions that will drive development of China’s
logistics sector in order to fully satisfy our customers’ needs.”</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-64236049256040804252015-05-22T18:22:00.001+08:002015-05-22T18:24:26.295+08:00TTG sees positive results in Q1<div class="MsoNormal">
<i>News this week</i>: Hong Kong-listed <a href="http://www.sinosplendid.com/">Sino Splendid</a>
(formerly China.com) has reported its first quarter results ended 31<sup>st</sup>
March 2015. Revenues were US$1.7 million, growing 14% from last year. The
company attributed the growth in revenue to the increase from print
advertising. Profit in the quarter was US$114,000, more than triple last year’s
US$31,000. Earnings per share in the period were HK$0.0014.<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
The travel media business, <a href="http://ttgasiamedia.com/">TTG</a>,
posted a positive result in the quarter due to steady growth of revenues within
the overall business. Company management highlighted TTG Travel Trade Publishing
completing various print publication special projects, as well as the
confirmation of several advertising contracts for TTG Guides & Maps
Publishing.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-36602821526179404342015-05-22T18:20:00.002+08:002015-05-22T18:24:26.291+08:00HC International’s revenue and profit down in Q1<div class="MsoNormal">
<i>News this week</i>: Last week, Hong Kong-listed <a href="http://hcgroup.hc360.com/English/index.html">HC International</a>
announced its results for the quarter ended 31<sup>st</sup> March 2015.
Revenues were US$34 million, a decrease of 5.5% compared with the same quarter
last year. Profit in the quarter also recorded a drop falling 41% down to
US$4.0 million. Diluted earnings per share in the period were RMB 0.0365
(US$0.0059).<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Almost 80% of the Beijing-based company’s revenues were
generated from online services amounting to US$27 million. This represents a
year-on-year decrease of 12%. The second largest business segment was seminars
and other services, which increased by 8.7% to US$4.4 million and accounted for
13% of total revenues. The remaining revenues were generated from the newly
acquired “digital identity management business”, anti-counterfeiting products
and services (US$1.8 million), and the trade catalogues and yellow page
directories segment (US$718,000).</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-31800315884703012432015-05-22T18:19:00.000+08:002015-05-22T18:24:26.287+08:00Global Sources records loss in Q1<div class="MsoNormal">
<i>News this week</i>: Yesterday, NASDAQ-listed <a href="http://www.globalsources.com/">Global
Sources</a> released its financial results for the first quarter ended 31<sup>st</sup>
March 2015. Revenues were US$22.2 million, down 36% compared with US$34.5
million last year. In the same period, the company recorded IFRS net loss of
US$2.1 million, compared with IFRS net income of US$145,000 in 2014. The drop
in revenue was largely due to the shifting of one of the company’s major
exhibitions from the first quarter in 2014 to the second quarter in 2015.<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
More than 80% of Global Sources’ revenues were generated
from its online business, amounting to US$17.9 million. That is a drop of 16%
from US$21.3 million recorded last year. Revenues from print business accounted
for 9.6% of total revenues at US$2.1 million, down 17% year-on-year from 2014’s
US$2.6 million. Meanwhile, exhibitions revenues slipped to US$260,000, down
from US$8.9 million in the same period last year. The company attributed the
decline to the shift in timing of <a href="http://www.simmexpo.com/en/?source=GSOLHP_TopNav_TS">SIMM machinery shows</a>
(Shenzhen International Machinery Manufacturing Industry Exhibition and its
related shows) from the first quarter of 2014 to the second quarter of 2015.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Global Sources’ executive chairman, Merle A. Hinrich, said,
“Our first quarter results reflect the shift in timing of our SIMM machinery
shows for the mainland China domestic market from the first quarter of 2014 to
the second quarter of 2015. In April, we held our export-focused shows,
including Global Sources Electronics, the world’s largest electronics sourcing
trade show featuring a total of more than 5,500 booths.”</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-26361291964009852392015-05-22T18:17:00.003+08:002015-05-22T18:24:26.283+08:00HKTDC’s medical fair features 250 exhibitors<div class="MsoNormal">
<i>New this week</i>: This week, the 6<sup>th</sup> edition of <a href="http://www.hktdc.com/fair/hkmedicalfair-en/HKTDC-Hong-Kong-International-Medical-Devices-and-Supplies-Fair.html">Hong Kong International Medical Devices and
Supplies Fair</a> (Medical Fair)
featured more than 250 exhibitors from 11 countries and regions. The three-day
fair ran from 18<sup>th</sup> to 20<sup>th</sup> May at the <a href="http://www.hkcec.com/front-page">Hong
Kong Convention and Exhibition Centre</a> (HKCEC) welcoming nearly 10,000 buyers.<o:p></o:p></div>
<div class="MsoNormal">
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Organised by the <a href="http://www.hktdc.com/">Hong Kong
Trade Development Council</a>
(HKTDC) and co-organised by the <a href="http://www.medicaldevice.org.hk/en_index.php">Hong Kong Medical and Healthcare Device Industries Association</a>, this year’s Medical Fair featured two
inaugural pavilions representing Canada and the Taiwan Medical and Biotech
Industry Association. Ten sector-specific zones were also set up this year
including: the Hospital Equipment zone, the Rehabilitation and Elderly Care
zone, Household Medical Products, Medical Cosmetology, Medical Supplies and
Disposable, Physiotherapy, Tech Exchange, Business of IP Zone, and the Building
Technology and Hospital Furniture zone.</div>
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<o:p></o:p></div>
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Benjamin Chau,
HKTDC’s deputy executive director, said, “Buyers from Japan, Taiwan, Singapore,
and Vietnam recorded significant growth. It is an indication of Asia’s strong
demand for medical supplies and services. An ageing population and increased
health consciousness are also factors boosting the demand for healthcare
equipment in the region.”</div>
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<o:p></o:p></div>
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<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-74226249385397138212015-05-22T18:16:00.000+08:002015-05-22T18:24:26.299+08:00Reed’s Shanghai healthcare show spans 290,000 sqm<div class="MsoNormal">
<i>News this week</i>: Earlier this week, <a href="http://www.reedexpo.com/">Reed
Exhibitions</a>’ joint venture
subsidiary, <a href="http://en.reed-sinopharm.com/">Reed Sinopharm</a>, organised the 2015 <a href="http://www.thishealthsummit.com/en/index.jhtml">Health Industry Summit</a>
(tHIS) for the first time at the <a href="http://en.cecsh.com/">National Exhibition and Convention Center</a> (NECC) in Shanghai. The mega umbrella show
spanned a total exhibition space of 290,000 m<sup>2</sup> and drew 210,000
visitors from 150 countries and regions. The first day of tHIS alone reportedly
attracted 100,000 visitors.<o:p></o:p></div>
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There were media
reports of teething problems at the relatively new NECC venue. Visitors
reportedly complained about chaotic organisation ranging from poor signage in
the venue and parking lot, hour-long queues for food and beverage, inadequate connections
for transportation and insufficient hotel accommodations.</div>
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Running from 15<sup>th</sup>
to 18<sup>th</sup> May, the four-day show featured 6,800 exhibitors showcasing
the latest in medical equipment and equipment manufacturing solutions, pharmaceutical
formulations and ingredients, manufacturing technologies, natural health and
nutrition products. Notable exhibitors included healthcare equipment giants
such as GE, Siemens, Philips, Mindray, and United Imaging.</div>
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<o:p></o:p></div>
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<br /></div>
<br />
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i></div>
<div class="MsoNormal">
<o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0tag:blogger.com,1999:blog-13109203.post-43254047034250250492015-05-15T19:06:00.000+08:002015-05-15T19:06:43.894+08:00Canton Fair’s visitor numbers flat<div class="MsoNormal">
<i>News this week</i>: The 117<sup>th</sup> <a href="http://www.cantonfair.org.cn/en/index.asp">China Import and Export Fair</a> (Canton Fair) concluded its spring edition on 5<sup>th</sup> May at
the <a href="http://www.ciefc.com/pages_en/">China Import and Export Fair Complex</a>. Organised by the <a href="http://www.cftc.org.cn/en/">China Foreign Trade Centre</a> (CFTC), the organiser reported a
year-on-year increase of 3% in the number of regular buyers to over 52,000. Compared
with the autumn session in 2014, the number of overall buyers was mostly flat
at 184,801 – originating from 216 countries and regions.<o:p></o:p></div>
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The CFTC reported
the number of buyers from Asia, the Americas, Africa and Oceania showed
encouraging year-on-year growth. Additionally, the number of buyers from
countries relevant to China’s “<a href="http://en.wikipedia.org/wiki/One_Belt,_One_Road">One Belt, One Road</a>”
amounted to more than 80,000. Market weakness saw attendees from Europe drop by
18% compared to the autumn session to 30,383.</div>
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<o:p></o:p></div>
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Chinese
manufacturers of smart appliances used the Canton Fair to showcase their latest
hi-tech products. Smart products by the likes of Haier, Midea and Chigo
accounted for roughly half of the products exhibited by leading home appliance
brands, in response to Beijing’s call for increased innovation.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<i>This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. </i><a href="http://www.bsgasia.com/bsgtracker.html"><i>Visit our website</i></a><i>
to find out more about this service.</i> <i>You can also </i><a href="http://twitter.com/#%21/mtcochrane"><i>follow us on Twitter</i></a><i>
for all the latest updates.</i><o:p></o:p></div>
Mark Cochranehttp://www.blogger.com/profile/04573748915905462863noreply@blogger.com0