Ministry of Natural Resources and Environmental Conservation, Central Committee for Holding Myanma Gems Emporium , The Information on Fifty-Fifth Myanma Gems Emporium 2018.

1. The significant Fifty-Fifth Myanma Gems Emporium will be held on June 20 to 29 , 2018 at Maniradana Jade Hall in Nay Pyi Taw . 2. Rough jade, rough gems, cut and polished gemstones, jewelries, jade carvings , gold and silver wares and gemstone pictures will be sold in Euro currency at the Emporium. […]

Myanmar improving but still ‘super challenging’ for business: Study

[YANGON] Family-run firms, a lack of transparency and murky money networks in the former junta-led country continue to make doing business in Myanmar “super challenging”, a new study mapping the country’s top companies said on Monday (March 26). Myanmar’s economy remains dominated by military firms and an elite of crony capitalists – a legacy of […]

Jade exports earnings plummet since last year

In the first four months of this fiscal year, jade export earnings reached US$24.8 million, down $85 million since the same period last year, according to an official from the commerce ministry. “In the same period last year, export earnings from jade amounted to $109.8 million,” the official said. “Revenues generated at the emporium held […]

Jade sales at 54th Gem Emporium down due to poorer quality

The jade exhibition, which opened on August 2 at the Mani Yadana Jade Hall in Nay Pyi Taw, closed August 11 after raking in €518 million worth of gems sold through an open tender system. A total of 105 out of 326 gem lots were sold for €3.07 million, while 5,092 out of 6,561 jade […]

Prospectors Sued After Finding Massive Jade Boulder on Company Land

Five prospectors who found a jade boulder weighing 8.7 tons have been charged with theft in Kachin State’s Lone Kin jade mining region. According to police, U Nay Tun—the Deputy Director of Myamar Gems Enterprise office of Lone Kin—filed a lawsuit against prospectors Htoo Zaw, Mon Khaung, Naing Win, Wa Lone and Myo Khin, accusing […]

Myanmar’s FDI rush recedes

Myanmar’s economy looked like it was enjoying a brisk tailwind after progress in democratization led the U.S. to lift its sanctions last year, but the boost appears to be waning. The government that took office in March 2016, with pro-democracy icon Aung San Suu Kyi as its de facto leader, has so far proposed few […]

Jade and jewelry exports fetch over US$57million in four months

The export of jade and jewelry in four months of this fiscal year (FY) fetched over US$57million in four months of this fiscal year, it is learnt from the Ministry of Commerce. The export of raw jade from 1st April to 31st July in this FY amounted to US$53.016 million, with an export volume of […]

Open Tender for Gems, Jade & Pearl at 53rd Myanmar Gems Emporium. Registration start 1st June 2016.

Subscribe to our tender alert mailing list Government of the Republic of the Union of Myanmar Ministry of Natural Resources and Environmental Conservation Central Committee for Holding Myanma Gems Emporium The Announcement of Fifty-Third Myanmar Gems Emporium Under the supervision of the Ministry of Natural Resources and Environmental Conservation, Central Committee for Holding Myanma Gems […]

2017 EITI Report Aims for Full Membership

Myanmar submitted its first Extractive Industries Transparency Initiative (EITI) report at the beginning of January which included reports on the oil and gas, jade, gems and mineral sectors. Hydropower sector will be included in the 2017 EITI Report, according to Myanmar EITI. Myanmar currently stands as a ‘candidate country’ within International EITI and Myanmar’s inclusion […]

Chinese Jade Miners in Overdrive Ahead of New Myanmar Government

Using heavy earth-excavators and explosives, miners have been tearing into Myanmar’s northern hills in recent months, in a rush to excavate more jade from the world’s richest deposits of the gemstone before a new government takes office next year. Acres of forest have been felled, leaving behind craters, barren cliffs and a web of dirt […]