Jewellers demand new gems law

Local jewellers are calling for the government to privatise their multibillion dollar a year industry and allow for individual traders to export rare commodities directly under a more favourable tariff scheme. Jewellers said that a limitation on exports of raw and polished precious stones to sales at government-run emporiums and selected markets was strangling the […]

Salt industry to collapse, experts fear

Myanmar’s once-booming salt industry, destroyed by Cyclone Nargis, will be completely wiped out within a couple of years unless it receives financial aid from the government, industry experts warn. The storm, which killed an estimated 138,000 people and caused billions of dollars’ worth of damage to the economy when it struck in May 2008, also […]