Latest news with #MIIP
Fibre2Fashion
20-05-2025
- Business
- Fibre2Fashion
DOMOTEX asia/CHINAFLOOR 2025 to spotlight flooring innovations
The 27th edition of DOMOTEX asia/CHINAFLOOR, the largest international carpet and flooring tradeshow in Asia-Pacific, will open its doors from May 26 to 28, 2025 at the National Exhibition and Convention Center (NECC – Hongqiao) in Shanghai. DOMOTEX asia/CHINAFLOOR 2025, Asia-Pacific's top flooring tradeshow, returns to Shanghai from May 26â€'28. Under the theme 'More than Flooring,' it will showcase 1,600 brands, innovations, and global trends across 210,000 sqm. With rising international attendance and 400+ matchmaking sessions, it fosters industry growth amid trade challenges. Held under the theme 'More than Flooring,' the event will deliver a comprehensive 360-degree view of the global carpet and flooring industry's entire value chain. It will highlight cutting-edge innovations from across Asia, while showcasing the region's growth potential for international businesses, further solidifying the show's status as the premier platform for the industry in Asia and beyond. This year's show takes place amid turbulent economic conditions, with newly imposed tariffs disrupting trade relations among major global economies. While these developments are creating uncertainty for businesses, they also underscore the need to actively seek new opportunities, innovative solutions, and strategic partnerships to navigate the emerging challenges. In this context, there is no better platform than a robust international trade show to explore new avenues for growth and discover strategies to overcome current obstacles. 'In the midst of a complex global economic and trade environment, DOMOTEX asia/CHINAFLOOR 2025 will act as a vital hub for industry professionals to forge new business connections, uncover emerging market trends, and gain insights into the evolving future of flooring. China continues to play a pivotal role in the global carpet and flooring market, with scale and innovation driving the sector forward.' – stated David Zhong, President at GLOBUS Events, show's co-organizer. A GROWING INTERNATIONAL ATTENDANCE Throughout the years, the event has seen a steady rise in international visitation, especially from East Asia, Southeast Asia, Oceania and new emerging markets. Last year's edition welcomed 83,850 visitors from China and other 116 countries, including nearly 18,000 international attendees. Pre-registration figures suggest a similarly high level of interest for the upcoming show. This year, the organizers will also welcome almost 180 selected buyers coming for 25 different countries, together with 10 country delegations organized in collaboration with national associations, media partners, and other key stakeholders. These hand-picked professionals will take part in curated activities, guided tours, and nearly 400 targeted business matchmaking sessions, designed to ensure meaningful connections and drive new opportunities across the industry. Mr. Elvin Tay, President at Malaysian Interior Industry Partners Association (MIIP), organizer of a visitor delegation from Malaysia, stated: 'MIIP is proud to bring a delegation of 16 members, which includes a strategic mix of interior designers and carpet, flooring, and interior finishings' manufacturers and suppliers. Our delegates are eagerly looking forward to exploring the latest innovations, products, and business opportunities at the fair. The guided tour curated by Domotex asia is especially appreciated, as not only does it save us valuable time, but it also allows our members to connect directly with key personnel from the participating factories - fostering meaningful and productive engagements.' A PREMIER GATHERING OF LEADING BRANDS Approximately 1,600 companies and brands will present their latest products and innovations across 210,000 square meters of exhibition space, spanning seven expansive halls. The carpet sector - the core of DOMOTEX - will be featured in two dedicated halls. The hard flooring segment, the event's largest category, will span four halls, while FLOORTECH Asia will showcase state-of-the-art hard flooring production technologies in one dedicated hall. EVENT AGENDA AT A GLANCE As a key component of the broader Build Asia Mega Show, DOMOTEX asia/CHINAFLOOR 2025 will deliver a dynamic agenda of events, highlighting innovations in construction, building materials, and interior design. Designed to address the evolving needs of visitors seeking cross-industry expertise, these events aim to foster collaboration and sustainable growth across the value chain through curated showcases and forums. Returning this year, cadex remains the flagship platform for architecture, interior design, and materials innovation, featuring interactive exhibits like the Material Matters Display Area and forums such as A&D Design Summit, Corporate Design Seminar, Color and Material Forum and more. Among other events, not to be missed are the Flooring Innovation Summit (co-organized in partnership with the Flooring Committee at China National Forest Products Industry Association - CNFPIA), the Chinese Original Carpet Design Show (co-organized with China Carpet Industry Association), Hospital Renovation and Innovation Forum and Red Note's E-commerce Carpet & Textile Ecosystem Summit. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (HU)
Barnama
17-05-2025
- Business
- Barnama
MITRA To Empower Indian Community Through Investment Programme
BUTTERWORTH, May 17 (Bernama) -- The Malaysian Indian Transformation Unit (MITRA), in collaboration with Bursa Malaysia, is organising the Malaysian Indian Investment Program (MIIP) 2024/2025, or Investment Training Programme, as an initiative to empower the Indian community, especially youth, in investment and the stock market. MITRA Special Task Force Committee chairman P. Prabakaran said that in today's digital era, the organisation of such a programme was vital as it served as the sole platform to raise investment literacy among the Indian community, ultimately helping to improve the socio-economic level of the Indian community in equity holdings through stock investments. He noted that statistics indicated only about three per cent of the Indian community was actively involved in investment, which was a small number, and efforts needed to be made to increase the percentage. 'One of the main reasons for the low participation is the negative perception of the investment world, which is often associated with scams, as well as past unpleasant experiences with investment companies that failed to deliver results after training sessions. 'Therefore, MIIP presents itself as a legitimate and quality solution through direct collaboration with Bursa Malaysia, offering comprehensive guidance and training,' he told reporters after attending the northern zone leg of the programme here today, which was also attended by MITRA director-general G. Prabagaran. Prabakaran said that through the training programme, youths would be able to equip themselves with investment skills, gain exposure to the mechanisms of the stock market, and identify suitable investment strategies based on their financial goals. With guidance from investment experts, he said participants would also gain knowledge and build confidence when engaging in stock investment or pursuing careers in finance and investment. He said MIIP was divided into three levels, with 500 participants at Level One (Beginner), 300 at Level Two (Intermediate), and 150 at Level Three (Advanced). He added that the programme was held by zone, namely the Central Zone in Kuala Lumpur, the Northern Zone in Penang, and the Southern Zone in Johor Bahru, while participants at Level Three would also be offered job placements in the financial investment sector.
