SIBS 2019 ends on a high with RM447.30 million in potential business transactions

In almost doubling the targeted business transaction value of RM250 million, Selangor International Business Summit (SIBS) 2019 has achieved a record high of RM 447.30 million over the 4-day exhibition held from 10 – 13 October 2019 at Malaysia International Trade & Exhibition Centre (MITEC), Kuala Lumpur.

The fifth edition of Selangor International Expo 2019 featured a total of 359 booths across 43,000 sqm of exhibition space. With 307 booths, 74.3% of which were Malaysian companies and 25.7% of which were foreign companies, the event hosted an additional 141 international trade buyers from 25 countries.

Selangor ASEAN Business Conference 2019 also saw successful discourse on tackling current issues and opportunities that impact the business landscape across the ASEAN market.

The two-day conference was held over 10 – 11 October 2019 and featured an impressive line-up of over 27 speakers from 6 countries; including Yang Berhormat Dato’ Seri Mohamed Azmin Ali (Minister of Economic Affairs), and Yang Berhormat Dr. Ong Kian Ming (Deputy Minister of International Trade and Industry) (MITI).

Selangor Smart City & Digital Economy Convention 2019 was held from 11-13 October 2019. The convention featured exploration of burgeoning business opportunities such as Artificial Intelligence, the e-wallet and 5G conference, One Belt One Road Anime and Gaming summit, crowdfunding pitching sessions, and the Malaysia Top e-commerce Merchants Awards ceremony. Featuring 88 exhibitors and 32 international speakers from 7 countries, the conference proved beneficial for consumers and vendors alike.

The success of SIBS 2019 is a definitive gauge for the efficacy of a consolidated summit that addresses the economy in a holistic manner, and Dato’ Teng has assured an even bigger and better fourth edition of SIBS, which is set to take place between 14th to 17th October, 2020.