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UBM Acquires Global Sources’ Stake in eMedia Asia

100% ownership of the business adds attractive China International Optoelectronic Expo to UBM’s portfolio of events inChina  UBM plc (LSE: UBM) announced that it has acquired Global Sources Ltd.’s 60.1% interest in eMedia Asia Limited (“eMedia Asia”).  Following this transaction, UBM will own 100% of eMedia Asia.  The consideration for Global Sources’ 60.1% stake will be approximately USD $9.0m in cash, subject to adjustments ... Read More »

BIIA APCCIS Workshop on Data Standards

October 29th 2015; Time: 09:30 am to 12:30 pm – Park Lane Hotel, Hong Kong – Limited Seating The purpose of the workshop is to determine whether standardization of data and formats would be of benefit to credit reporting institutions and data users.  Standardization is also seen as a facilitator for greater information sharing between private credit bureaus, public credit ... Read More »

Thomson Reuters Partners with NGOs to Fight Human Trafficking

Powerful data analytics will enable companies to identify sources of labor in their supply chains and avoid risk of involvement in exploitation Thomson Reuters announced new partnerships with two of the world’s premier anti-slavery organizations to turn the power of data analytics onto corrupt labor brokers and people traffickers.  Companies and financial institutions can become unwitting participants in slavery due ... Read More »

Worldbox Expands Hong Kong Office for Asian Operations

Worldbox Business Intelligence has expanded its Hong Kong bureau to serve as a hub for Asia-Pac co-ordination, as well as offering corporate solution services as an extension of its company information product line. The Swiss-based firm, specializing in international cross-border business information, has expanded its Hong Kong office to become the regional headquarters for the Asia Pacific region. Founder and ... Read More »

HC International’s Revenue and Profit Down in Q1 2015

HC International announced 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). Almost 80% of the Beijing-based company’s revenues were generated from online services amounting to US$27 million. This ... Read More »

Global Sources Launches Two New Verticals

Global Sources officially announced the launch of its fashion vertical as well as a gifts & home vertical. The verticals connect buyers and suppliers across what Global Sources refers to as five media channels: an online marketplace, a magazine, alerts, a mobile app and their series of trade shows. Several co-located shows close today at AsiaWorld-Expo including Fashion Accessories, Garments ... Read More »

Global Sources Launches Gifts & Home Products Vertical

Global Sources has now fully launched its suite of services for the gifts and home products industries. The services connect a specialized community of buyers and suppliers through content, communication and five media channels — an online marketplace, a magazine, alerts, a mobile app and trade shows. Running from April 27 to 30 at AsiaWorld-Expo in Hong Kong, three co-located shows offer gift and home products ... Read More »

Coface Hong Kong Offers Online SME Credit Insurance

Coface Launches an Innovative Offering For SMEs in Hong Kong: Easyliner, a Simple On-Line Solution to Protect Against Unpaid Invoices Coface is introducing an innovative solution targeted at SMEs, recognizing that a quarter of bankruptcies are linked to unpaid invoices.  SMEs are particularly vulnerable to the consequences of unpaid invoices, because they are the least protected.  SMEs are also the ... Read More »

CRIF Hong Kong to Provide Legally-compliant Business Information on Chinese Companies

​CRIF has announced the expansion of its Hong Kong office to provide business information on Chinese companies to the global market. There are many business information providers in China (both global and domestic), but it is not easy to identify which ones have legally-compliant and up-to-date data sources. CRIF Hong Kong meets international corporate governance standards and recently signed a ... Read More »

Hong Kong:  It Is Business as Usual for the Exhibition Industry

The Hong Kong Exhibition and Convention Industry Association (HKECIA) issued a statement to reassure all participants, visitors and exhibitors that despite the on-going student protests in Hong Kong, events are still running smoothly and largely without interruption. Public transport links to Hong Kong’s two major venues, the Hong Kong Convention and Exhibition Centre (HKCEC) and AsiaWorld-Expo (AWE), are running close ... Read More »

Country Risk Climates: Trends to Keep an Eye On

Italy – lowered growth expectations, bigger fiscal deficit; Macedonia – fragile external accounts; Slovakia – the Russian/Ukrainian conflict is damaging business confidence; Vietnam – foreign investors have been rattled by the anti-Chinese riots. ARGENTINA:  The regime’s vocal protestations against any effort to force it to pay holdout investors in its bonds may help Pres. Cristina Kirchner in next year’s elections. ... Read More »