Sector: Economic Development

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Sydney: Sibos Showcases Financial Services Sector

Sydney has hosted a successful Sibos, the world’s premier financial event, cementing Australia’s reputation as innovative financial services hub, while also showcasing local investment opportunities, fintech start-ups and young talent. The event welcomed more than 7,600 business leaders, global banks, academics and entrepreneurs from 150 countries to ICC Sydney. From AMI intellectual Capitals…

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Global Business Events: 1.5 Billion Delegates

Iceberg partner the Events Industry Council’s “Global Economic Significance of Business Events” study has found that Asia is the largest region in terms of business event participants, making up nearly a third of the 1.5 billion delegate total. Business events actually boosted global GDP by $1.5 trillion last year, according to the report’s final results. From PCMA…

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Global MICE Collaborative Launched

During IMEX America, three leading industry associations announced that they are joining together to develop an events task force for emerging markets. Iceberg partners SITE (the Society for Incentive Travel Excellence) and MPI (Meeting Professionals International), plus the International Association of Exhibitions and Events, have in tandem launched the Global MICE Collaborative. From the Event…

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Indonesia Launches $1m Bid Fund

Indonesia’s Ministry of Tourism has announced a $1 million bid fund in 2019 to increase its share of international meetings. Indonesian Tourism is also thinking about developing new destinations like Batam and Bintan. Currently only Bali and Jakarta are considered meetings-ready. An IMF World Bank Meeting was held this October in Bali. From Association Meetings International…

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Global Economic Significance of Business Events: Video

A new study has found that the business events industry boosts global gross domestic product by $1.5 trillion. Karen Kotowski, CEO of the Events Industry Council, which is behind the Global Economic Significance of Business Events report, discusses its findings with Carina Bauer, CEO of IMEX, which was one of the partners in the research. From IMEX…

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Global Business Events Worth $1 Trillion

Business events add more than $1 trillion to the global economy, preliminary results of the Events Industry Council’s first Global Economic Significance of Business Events study show. In 2017, according to the Iceberg partner’s report, business events brought together more than 1.4 billion participants in over 180 countries. From PCMA…

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Sarawak: Growing Agriculture Through Business Events

Sarawak in Malaysia is leveraging business events to help it become a smart agriculture hub for the Asia Pacific region. The BESarawak Alliance has been formed to encourage growth in key sectors, and one of BESA’s first initiatives is an agriculture-based familiarisation trip taking place in conjunction with the first Sarawak AgroFest. From AMI Intellectual Capitals…

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Paris Wins IAC 2021 Space Congress

More than 6,500 members of the global space community will gather in the French capital in 2021 for the 72nd International Astronautical Congress. The Paris Convention Centre will host the IAC’s scientists, academics, engineers and sector leaders for the event. Since its recent opening, the venue has already hosted eight world conferences. From Association Meetings International…

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ConferenceLeeds Ramps Tech Offering

The UK city of Leeds is ramping up its offering as a centre of excellence for the tech sector. One of the latest events to land was digitech18, which just brought over 600 delegates into the First Direct Arena. During the Leeds Digital Festival in April, over 143 events took place. Photo: Harshil Shah. From Meetpie.com…

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Riyadh Investment Conference Boycotted

A Riyadh investment conference, dubbed the “Davos in the desert”, kicked off amid huge controversy surrounding the killing of Jamal Khashoggi in Istanbul. Dozens of business leaders and politicians pulled out of the Future Investment Initiative following the mounting speculation over the Saudi Arabian government’s role in the journalist’s consulate murder. From Meetpie.com…

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Gateshead Quays to Attract NE Events

England’s North East is to target major events with an ambitious conference precinct receiving funding from the UK Department for International Trade. The £250 million, 3.84 hectare Gateshead Quays project will increase the region’s ability to attract and host major conferences and exhibitions, as well as music and cultural events. From Association Meetings International…

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Sibos 2018 Showcases Local Fintech

Sibos has been held in Sydney, bringing with it 7,000 business leaders and decision makers from around the world. One of the world’s largest financial events, Sibos was secured over four years ago by Business Events Sydney. As at Sibos 2016 in Geneva (see JMIC Case Studies), local fintech start-ups are exhibiting. From CIM News Magazine…

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Global Business Events Impact $1 Trillion

A new study has valued the global business events industry at more than $1 trillion. Preliminary results were announced by Iceberg partner The Events Industry Council at IMEX America. The full report is available from November 9th. The Global Economic Significance of Business Events is the first research of its kind. From Association Meetings International…

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IMEX America Worth $19m to Las Vegas

The economic impact of IMEX America 2018 on Las Vegas has been estimated at $19 million. So claims Cathy Tull, Chief Marketing Officer of the Las Vegas Convention & Visitor Authority. The figure was only one eye-watering number presented by UK event organisers Regent Exhibitions at the final press conference of the show. From Meetpie.com…

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Balinese Venues Stage Major IMF Event

Bali has hosted the International Monetary Fund World Bank Group Annual Meetings 2018, attracting 36,669, including delegates from 189 member countries. Heads of state, ministers and other delegates met at BICC, the Bali International Convention Centre, while 467 guest rooms at the Westin Resort Nusa Dua were converted to offices for their use. From CIM News Magazine…

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Convention Bureaux Boost Australian SMEs

Australia’s convention bureaux are attracting eight percent more large international business events to the country, and boosting opportunities for small businesses beyond those traditionally seen in tourism. This sector analysis is contained in the new International Business Events Forward Calendar, produced by the AACB (Association of Australian Convention Bureaux). From CIM News Magazine…

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The Association Model: Not a Dead End After All, Says Research

The rise of the ‘individual’, modern consumerism, social media, open-source publishing: all have been cited as reasons why the traditional association model is doomed. It’s a viewpoint which does assume that associations are incapable of self-reform. And yet industry research keeps showing the number of international association meetings going up and up. From Association Meetings International…

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Middle East Meetings: New Trends and New Technology

Like many new markets, the Middle East and North Africa has its own dynamics with events, meetings, and conferences. The culture is all about personal relationships, so face-to-face is always important for business. Exhibition Director Middle East of IBTM Arabia, Danielle Curtis, shares insights on future trends and technology. From the Event…

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Congress’ Knowledge Valued Close to €1bn

The monetary value of information presented at this year’s European Congress of Radiology in Vienna, amounted to €813m, according to a groundbreaking report. The total was arrived at by adding up the professional time spent compiling, and the research funding associated with, the content of the 3,331 papers presented. From AMI Intellectual Capitals…

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Malaysia’s MITEC and China’s GICEC Partner

The Malaysia International Trade & Exhibition Centre and China’s Guangdong Tanzhou International Convention and Exhibition Center have together signed an exclusive collaborative partnership expected to increase cooperation and foster greater bilateral ties between the two trading nations. The centre-to-centre partnership is thought to be the first between the countries. From CIM News Magazine…

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Brisbane Trailblazers: Second Round Call

Lord Mayor Graham Quirk has invited early career professionals and researchers to help Brisbane attract international conventions and conferences. He was opening the second round of the Convention Trailblazer Grant, which funds its recipients to attend major events in their field and try to win future editions for Brisbane. Photo: Kgbo. From CIM News Magazine…

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