Convention business promising<\/p>\n
JAKARTA (JP): The business of trade and industrial exhibitions
\nand conventions in the Asia Pacific is highly promising given the
\nstrong outlook of the economies in the region, industry
\nexecutives say.<\/p>\n
Soekardjo Hardjosoewirjo from the Jakarta International Trade
\nFair Corporation said yesterday that the booming economy would
\nhave a positive impact on the business of exhibitions and
\nconventions.<\/p>\n
Speaking after the opening ceremony of the General Assembly of
\nthe Asia Pacific Exhibition and Convention Council, Soekardjo
\nacknowledged that the current economic downturn has slashed the
\nprofit margins of exhibition and convention organizers.<\/p>\n
The situation has been made worse by the mushrooming of new
\nconvention and exhibition conference buildings throughout the
\nregion.<\/p>\n
This however is a welcome development as it is giving
\ncustomers more options on where they want to hold their
\nexhibitions or conventions, he added.<\/p>\n
Indonesia alone now boasts a number of convention centers that
\nmeet international standards. Besides the Jakarta Fairground in
\nKemayoran, which is managed by the Jakarta International Trade
\nFair Corporation, there is also the Jakarta Convention Center
\nadjacent to the Hilton Hotel and the Bali International
\nConvention Center in the Nusa Dua beach in Bali.<\/p>\n
Soekardjo yesterday was formally elected chairman of the
\nthe Asia Pacific Exhibition and Convention Council, at the
\nassembly's opening session. He replaced Praphant Asava-Aree of
\nNCC Management and Development Co. Ltd. of Thailand.<\/p>\n
A rosy economic outlook of the region was given by Michel
\nAkavi of Reed Exhibitions Pte. Ltd. of Singapore.<\/p>\n
Akavi told the participants that the Asia Pacific region
\nshould be able to sustain the high economic growth rates that it
\nhas seen over the last decade.<\/p>\n
\"Sustained economic growth in the United States and continuing
\nrecovery in Europe will further reinforce Asia-Pacific growth,
\nespecially export-oriented economies,\" he said.<\/p>\n
He said Japan will remain the slowest growing economy after
\nthree years of recession. Countries that will experience the
\nstrongest growth are China, Malaysia, Thailand, Singapore,
\nIndonesia, Hong Kong, Taiwan and South Korea.<\/p>\n
The four-day Asia Pacific Exhibition and Convention Council
\nGeneral Assembly is participated in by 26 companies from 12
\ncountries -- Canada, China, Japan, the United States, Hong Kong,
\nSouth Korea, Thailand, the Philippines, Singapore, Taiwan,
\nVietnam and Indonesia. (31)<\/p>",
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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