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May 20, 2013 -- Updated December 08, 2012 09:20 HKT

Myanmar to hold utility Jade, Gems, Pearl sales


paul@livetradingnews.com
Posted on: Dec 8th, 2012

Myanmar to hold utility Jade, Gems, Pearl sales

Myanmar will hold utility Jade, Gems and Pearl sales on Sunday in Nay Pyi Taw, according to the central committee for organizing the event Friday.

The purpose of organizing the sales is to fulfill the raw material requirements of entrepreneurs who are manufacturing finished gems and contributing to development of gems and jewellery sector through the sales of utility Jade in local currency.

In July 2011, Myanmar’s special gems emporium was held in Nay Pyi Taw, fetching US$1.5-B.

Myanmar started to hold gem shows annually since Y 1964. Since introducing the mid-year one in Y 1992 and the special 1 in Y 2004, the gem emporium has now become a thrice event annually.

The latest official figures show that in 2010-11, Myanmar yielded 46,810 tons of Jade and 12.962-M carats of gems which include Ruby, Sapphire, Spinel and Peridot, as well as 275, 688 mommis (1,033 kilograms) of Pearl.


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Heffernan Capital Management
Linda Johnson,
Business Development Director – Private Client Group,
Sales@Heffcap.com

Singapore

3 Raffles Place #07-01
Bharat Building Singapore 048617
Tel: +65 6329 6408
Fax: +65 6329 9699

 Paul A. Ebeling, Jnr.

Paul A. Ebeling, Jnr. writes and publishes The Red Roadmaster’s Technical Report on the US Major Market Indices, a weekly, highly-regarded financial market letter, read by opinion makers, business leaders and organizations around the world.

Paul A. Ebeling, Jnr has studied the global financial and stock markets since 1984, following a successful business career that included investment banking, and market and business analysis. He is a specialist in equities/commodities, and an accomplished chart reader who advises technicians with regard to Major Indices Resistance/Support Levels.

 

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