Jade industry faced with low demand from China

LOWER demand from china is causing jade companies difficulties in the market as sales are dipping and stock is piling up, according to U Soe Naing, a member of the Myanmar Gems Club. The Chinese government recently banned the giving of jade as gifts as part of their anti-graft measures, affecting sales of the gem. […]

Myanmar jade market hit hard by halting of Chinese government loans

The Myanmar jade market has taken a huge hit as the Chinese government has stopped the provision of loans to Chinese jade traders, it is known from the market. “The [Chinese] government has pushed back the handing out of loans to [Chinese] jade buyers. Those big businessmen [Chinese jade buyers] have partnerships with [Chinese] banks. […]

Myanmar: building the most beautiful ship on the Ayeyarwaddy

A new all-suite river ship, the creation of local craftsmen, sets sail on the Irrawaddy in Myanmar next month There is no greater confirmation of the current status of Myanmar as the planet’s leading adventure travel destination than Jeremy Clarkson’s BBC television special earlier this year, in which the Top Gear presenter raced 10-ton trucks […]