September 23, 2017

Jewels and Jade Sell Well — Myanmar Gems Emporium pulls in K80.8 billion

Gems merchants evaluates raw jade stones at Myanmar Gems Emporium in Nay Pyi Taw. Photo: MNA
Gems merchants evaluates raw jade stones at Myanmar Gems Emporium in Nay Pyi Taw. Photo: MNA

UNCUT gems and raw jade lots worth K80.8 billion (US$62 million) were sold at the 52nd annual Myanmar Gems Emporium at Maniyadana Jade Hall in Nay Pyi Taw from 7 to 13 December.
During the one-week sale in kyats, 152 lots of gems and 6,826 lots of jade were displayed for saleunderan open tender system and competitive bidding systems. Of them, 75 lots of gems worth K1.7 billion ($1 million) and 5,531 jade lots worth K79 billion ($61 million) were sold.
More than 1,700 jewelry merchants attended the emporium.—Myanmar News Agency

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