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Traders hope for a boost from new gem laws

The new amendments to the law governing the extraction of gemstones in Myanmar are expected to offer relief for the gem industry in Mandalay. Industry insiders interviewed by Myanmar Times said they hope the market in Mandalay will bounce back this year after the Pyidaungsu Hluttaw on December 18 amended the tax rates and restrictions […]

Mandalay ruby miners may get land-grant

</a Local miners in Mandalay Division’s ‘Ruby Land’ town of Mogok may soon get access to more gems. The Myanmar Gems and Jewellery Entrepreneurs Association plans to allocate small-scale mining plots to locals to promote gem trade in the area. “We are looking to allocate more small-scale plots for local miners”, said Tun Hla Aung, […]