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No takers for gem-trading licences

No one has applied for licences to trade raw and finished gems at Mandalay’s Kyauk Wine gem market, where thousands of people trade daily, said U Maung Maung Shein, deputy general manager of Myanmar Gems Enterprise (Mandalay). Under the gems law, merchants can apply for three kinds of licences, and no one has applied for […]

First finished gem market to open in Yangon next month

Myanmar’s first-ever finished and cut gem market will open in the compound of Myanma Gem Museum in Yangon next month, according to Myanmar Gem Entrepreneurs Association. The market will include a laboratory to allow foreign gem merchants to conduct tests on finished and cut gems, said association chairman Yone Mu. Plans are also underway to […]