Open Tender for Gems, Jade & Pearl at 53rd Myanmar Gems Emporium. Registration start 1st June 2016.

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Government of the Republic of the Union of Myanmar Ministry of Natural Resources and Environmental Conservation Central Committee for Holding Myanma Gems Emporium The Announcement of Fifty-Third Myanmar Gems Emporium Under the supervision of the Ministry of Natural […]

€1.3 Million Worth Pearls to be on Display at Exhibition

More than 100,000 pearls worth €1.3 million will be displayed and sold by Myanma Pearl Enterprise in the 53rd Myanmar Jade, Gems and Pearls Emporium this month. The exhibition will be held at Maniyadanar Jade Hall in the capital Naypyitaw from June 24 to 26. Approximately 250 series of pearls will be displayed in the […]

Sales to rise, prices to fall, say Yangon real estate agents

Real estate is likely to bounce back in 2016 after more than a year of depressed sales, while prices will fall as new supply comes online, said investors and agents. Following a relatively smooth election, the volume of transactions will be “back to normal”, they said, referring to last year when the industry was thriving. […]

Discover a land of treasures in Mogok

“More secret than Mecca and harder to access than Lhasa, there is, in the heart of the Burmese jungle, a small unknown city, whose fabulous resources have yet ruled over people for centuries: It is Mogok, the citadel of ruby.” The mythical city of Mogok, 200 kilometres (126 miles) north of Mandalay, has excited many […]

Foreigners flock to jade emporium

The 13-day emporium that opened on June 17 is expected to draw around 5000 local and foreign visitors who will bid for the raw jade, gems, jewellery and sculptures up for sale. Traders carefully examined raw slabs of jade with torches and measuring tapes at a sprawling complex in the formerly junta-ruled nation’s capital. “We […]

GEMS Garden Condomium: First two towers finished

Two of the structures are now completed at GEMS Garden Condominium, according to company officials. The development, started in 2013 by Capital Development Limited, a subsidiary of the Capital Diamond Star Group conglomerate, is now planning to finish its last two towers by the end of this year and residents can move in around 2016 […]

Behind the gems and jewellery shine

The gems and jade industry attracts its share of interest and controversy. Given Myanmar’s endowment of the precious jewels, it’s a huge revenue-generator – a Harvard report issued in 2013 estimated it brought in US$8 billion in 2011. Yet most of that revenue comes from exporting unprocessed jade and gems, and industry body the Myanmar […]

We do not understand why sanctions are imposed on gems

Chairman, Myanmar Gems and Jewellery Entrepreneurs’ Association The gems and jewellery sector makes an important contribution to the economy, supporting thousands of businesses which employ millions of people. Mizzima’s Juliet Shwe Gaung spoke to U Yone Mu, the chairman of the Myanmar Gems and Jewellery Entrepreneurs’ Association, in a wide-ranging interview that touched on plans […]

Kabar Aye jade re-opens

The Myanmar Gems and Jewellery Entrepreneurs Association re-opened its own gems shops in the Myanmar Gems Emporium Hall on Kabar Aye Pagoda Road, aiming to attract foreign customers in particular. The renovations of 40 shops at the hall began in March and were backed by K500 million (US$500,000) from the association’s chair, prominent tycoon U […]

Mogok, Mai Shu “Treasures Lands” Go Up for Auction

Gem mining plots from Mogoke in Mandalay and Mai Shu in Chin state, dubbed as the “treasure lands” by locals due to its enormous reserve of rubies, sapphires and other precious gems, went up for auction on July 28. The auction, for both new and expired plots, will go on until August 27, according to […]