BICC refurbishes facilities

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Bali, 5th November: The Bali International Convention Centre (BICC), managed by The Westin Resort Nusa Dua, Bali, has announced the completion of extensive renovations, offering state-of-the-art technology and cultural heritage.

The newly refurbished Mangupura Hall will have modern wall panels, cutting-edge LDE installations on both sides of the existing stage, and a sleek, upgraded stage design. A grand new carpet is also changed, bringing a fresh, sophisticated atmosphere ideal for the clients, including high-profile conferences, exhibitions, and social events. Nusantara Hall and Jakarta Hall have also upgraded by replacing a new carpet and lighting system installation. Others parts of the venue have also undergone various upgrades.

General Manager of The Westin Resort Nusa Dua, Bali and Bali International Convention Centre Sander Looijen, said, “Our Bali International Convention Centre (BICC), with over 33 years of experience, continues to lead the industry with pride. Our strength lies in the expertise of our associates, many of whom have been with us for years, ensuring the highest level of service and professionalism. We are committed to preserving Bali’s rich culture, enhancing the guest experience through stories like the famous Ramayana, which adds a unique cultural touch to our events.”

TCEB promotes Thailand at Exhibition Industry Summit 2024

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Thailand, 12th November: The Thailand Convention and Exhibition Bureau (TCEB) has invited key exhibition industry leaders from Europe and Asia to attend the Exhibition Industry Summit 2024, showing them the country’s potential for hosting trade fairs.

During the summit, the Thai government shared its policy to promote the exhibition industry and its open business culture. Under the theme of “See Tomorrow Now”, the summit focused on future business opportunities in Thailand.

Mr Chiruit Isarangkun Na Ayuthaya, TCEB president, stated, “This is really important to their future decisions on venue selection for big events. We also received valuable recommendations on areas of development to propel the exhibition industry forwards while effectively addressing the changing needs in the global market.”

It is expected to draw some 60 new international exhibitions to Thailand throughout the next three years (2025-2027), generating about 7.4 billion baht (US$218 million) and featuring 426,000 visitors from international and local.

BOL posts decrease in revenues and profit in Q3

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Bangkok, 12th November: Business Online (BOL), a leading online information service provider in Thailand, has reported its financial results for the quarter ended 30th September 2024. Revenues in the quarter were US$6.01 million, representing a year-on-year decrease of 15%.

The company’s net profit also dropped 15% from the same quarter of 2023, down to US$2.6 million. The company attributed the decrease in revenues to the information services in the form of customized report, recognition from projects.

For the nine months ended 30th September, BOL reported revenues in the period decreased by 10% year-on-year, amounting at US$17.6 million. Its net profit in the nine-month period was US$7.1 million, representing a decrease of 8.5% from the same period last year. Diluted earnings per share in the first nine months of 2024 were Baht 0.28 (US$0.0086).

Constellar launches process technology event

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Singapore, 12th November: Singapore-based Constellar will launch the first dedicated process technology event in the Southeast Asia, Process Innovation Asia Pacific – Power by ACHEMA (PIA) will be organised with international partner DECHEMA Ausstellungs-GmbH (DECHEMA Exhibitions).

The new event will be held from 19th to 21st November 2024, at Singapore EXPO. It will be a pivotal role in driving transformation, catalysing innovation and promoting sustainable growth for a greener future across the region’s (petro-)chemical, pharmaceutical, biotechnology, and food processing industries.

The theme of the new show is “Inspiring Sustainable Growth”, focusing on three key content pillars: Industrial growth & sustainability development in Asia; Digital advancement & innovations; and Sustainable & green practices.

The conference programme will have over 50 sessions, presented by over 40 industry experts and practitioners.

Quick takes

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HKTDC closes wine & spirits fair and optical fair

The Hong Kong Trade Development Council (HKTDC) concluded its Hong Kong International Wine & Spirits Fair and Hong Kong International Optical Fair last week. The wine & spirits fair attracted over 8,200 trade buyers from 61 countries and regions, while some 13,000 buyers from 94 countries and regions attended the optical fair.

Taobao and Tmall’s 11.11 Shopping Festival records robust growth

The leading e-commerce company in China, the Alibaba Group, announced its China commerce retail business, Taobao and Tmall Group, achieved robust growth in Gross Merchandise Volume (GMV) and a record number of active buyers during this year’s 11.11 Shopping Festival. According to Alibaba, a total of 589 brands surpasses RMB 100 million in GMV, of those, 45 brands even surpassed RMB 1 billion in GMV.

Clarion Events acquires Eaton Hall

Clarion Events, privately owned event and exhibition organiser, announced the acquisition of Eaton Hall, a premier event organiser specializing in highly targeted pre-arranged, face-to-face meetings-based events. After the transaction, Eaton Hall will operate under Clarion Connect, Clarion Events’ newly formed division to strengthen its 1-to-1 focused connection businesses.