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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 […]

Invitation to 54th Myanma Gems Emporium 2017 to be held from 2nd to 11th August 2017

Subscribe to our tender alert mailing list 1. The significant 54th Myanma Gems Emporium will be held on August 2 to 11, 2017 at Maniradana Jade Hall in Nay Pyi Taw. Click here to see Google Map location. 2. Rough jade, rough gems, cut and polished gemstones, jewelries, jade carvings and gemstone pictures will be […]

MTE to sell wood through open tender

Myanma Timber Enterprise (MTE) will sell more than 5,700 tonnes of logs and sawn timber through an open tender system. “At present more than 300,000 tonnes of timber have been sold out to Myanmar businessmen. According to the open tender system, the person who offers the highest price can buy the timber. Some businessmen saw […]

Myanmar sets annual limit on future timber demand

YANGON, Dec. 29 (Xinhua) — Myanmar has set an annual limit of 1.16 million tons of timber for future demand despite annual increase in both local and foreign consumption out of growing number of construction projects, according to the state-run Myanmar Timber Enterprise (MTE) Monday. The MTE said logging in 2013-14 fiscal year totaled 925,050 […]