Gems and Jewellery Entrepreneurs Association.

January 10, 2020 by Thiha

Foreigners who purchase jewellery and gems at the Yangon International Gems and Jewellery Fair 2020 will exempted from paying a 5 percent commercial tax, according to Daw Nyunt Nyunt Khine, joint-treasurer at the Gems and Jewellery Entrepreneurs Association (GJEA). Foreigners entering the country to participate at the fair will also be given easy access to […]

Myanmar continues efforts to generate international demand for local gems

December 20, 2018 by Thiha

The Second Yangon International Gems and Jewelry Fair is set to take place in Yangon’s Lotte Hotel from January 9 to 13, according to the Gems and Jewellery Entrepreneurs Association The association is organising the event in the hopes of developing the gems and jewellery trade in the country, penetrating international markets, and developing cooperation […]

Sagaing set to sparkle with gems market

September 29, 2015 by Thiha

Sagaing businesspeople aim to capitalise on the city’s informal gems and jade trade by opening a formal gems market as soon as this year. The gems market will help eliminate illegal trade and bring revenue flows into the open, as well as operate as a business in its own right, according to U Aung Gyi, […]

With each new approval of an industry-focused bank, Myanmar’s banking sector becomes riskier. Instead of creating more banks, Myanmar should streamline its existing institutions to minimise the chance of a banking sector crisis, according to international advisers, who have warned the government against the systemic risks created by sector-specific banks. However, despite an already crowded […]