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 […]

Record Haul in Jade Sales to Burmese Traders

YANGON — Jade sales at a major gems emporium for local traders in Myanmar hit a record high this week, a spokesperson for the Myanma Gems Enterprise sales committee told The Irrawaddy on Tuesday. Min Thu, the assistant director of the Myanma Gems Enterprise sales committee, said jade sales totaled 126 billion kyats (US$126 million), […]

Jade Emporium Sales Soar to $3.4Bln

YANGON — Jade sales at Myanmar’s major gems emporium held in Naypyidaw last week have surpassed expectations and reached about 2.6 billion euro (US $3.4 billion), up from about 2 billion euro ($2.6 billion) last year, a Ministry of Mines official said. A senior official at Ministry’s Myanma Gems Enterprise told The Irrawaddy that some […]