December 26, 2016

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34th Pearl Sale event earns more than K4.2 billion

A gems trader evaluates pearls at 34th Pearl Sales.
A gems trader evaluates pearls at 34th Pearl Sales.

THE 34th Pearl Sale earned more than K4.2 billion (US$3,195,822) for the sale of 347 pearl lots  yesterday through a tender system.
The sale, organised by the Myanma Pearl Enterprise under the Ministry of Mines, put a total of 276 pearl lots on sale during the three-day event, which started on 22 December.
More than 120 pearl lots were sold on the last day, and more than 220 pearl lots were sold in an open tender on the second day.

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