Jewellery Entrepreneurs Association

Government, Entrepreneurs Cooperate to Develop Gems and Jewelry Market

January 23, 2018 by thiha

The government will work together with local jewelers to raise interest and create a market for processed Myanmar gemstones and jewelry made locally, U Phyo Min Thein, Chief Minister of the Yangon Region Government, said during the opening ceremony of the Yangon International Gems and Jewelry Fair. The inaugural fair, which was held between January […]

Filed Under: Latest News Tagged With: Chief Minister of the Yangon Region Government, Gem Lab Certificates, Gemological Institute if Myanmar, GIM, Jewellery Entrepreneurs Association, Jewelry Fair, Junction City Tower, Myanmar Gems, Nay Pyi Taw, U Aung Myint, U Phyo Min Thein, Yangon, Yangon International Gems

Myanmar to Promote Local Gemstones, Jewellery for Higher Value

January 13, 2018 by thiha

Myanmar will hold its first value-added gems and jewellery fair at the Lotte Hotel in Yangon between January 11 and 14, according to the Yangon Gems and Jewellery Entrepreneurs Association. The fair aims to showcase processed stones and jewellery pieces made from Myanmar gemstones. In fact, Myanmar-produced rubies, sapphires and jade are among the best […]

Filed Under: Latest News Tagged With: Jewellery Entrepreneurs Association, Jewellery Entrepreneurs Association in Yangon, U Aung Myint, U Thiha Thein, Vice Chair of Gems, Yangon, Yangon Gems

Foreign consultants help with ‘cleaner’ mining practices

September 5, 2017 by thiha

Efforts are being made to pursue more environmentally friendly practices in the Lonkhin-Hpakant Gems Tract in cooperation with local companies. The jade mining operation in the Lonkhin-Hpakant Gems Tract has resulted in environmental damage. To address this impact, Environmental Management Plans (EMPs) were prepared by a team led by Australian-based consultants Coffey Myanmar Limited and […]

Filed Under: Latest News Tagged With: a Senior Principal from Coffey-Valentis, Aung Nyunt Thein, Barton Napier, Coffey Myanmar Limited, Director of Coffey-Valentis, Environmental Conservation Department, Environmental Management Plans (EMPs), Environmental Protection, Geosystems Engineering Myanmar, Jewellery Entrepreneurs Association, Kachin State, Lachlan Foy, Lonkhin-Hpakant Gems Tract, Myanmar Gems and Jewellery Entrepreneurs Association Joint-Secretary 1 Hla Soe Oo, Myanmar Gems Enterprise, Myanmar Government, Ohn Win, Responsible and Accountable Gems industries, the Managing Director of Myanmar Gems Enterprise, Union Minister of Natural Resources and Environmental Conservation, Valentis Services Limited (Coffey-Valentis)

Jade Curse Tests Post-Sanctions Myanmar

October 25, 2016 by thiha

Its embrace can bring wealth beyond measure, or instant death. It is a magnet for the most impoverished migrant workers and the most ruthless exploiters. Its haunts are a cauldron of armed conflict beyond the law of the land. In what could be one of its most challenging tests, how will Myanmar’s democratic government deal […]

Filed Under: Latest News Tagged With: Britain, China, China and Hong Kong, Hong Kong, Hpakant, Jewellery Entrepreneurs Association, Kachin Independence Organisation, Kachin State, Ko Myo Zaw, Lone Khin, Magwe Region, Mahar Aung Myay Kyauk Wine is Myanmar, Myanmar Gemstone Law, National Export Strategy, NGO, Pyithu Hluttaw MP U Tint Soe, Trade Promotion Department, U Ohn Win, U Tun Hla Aung, U Win Tun from Pakokku Township

US Gems Association Eyes Trade Ties as Sanctions End

October 18, 2016 by thiha

The American Gem Trade Association (AGTA) arrived in Myanmar for the first time this week to assess the gems sector and build trade relationships ahead of an anticipated end to the US sanctions regime, which would allow the legal import of Myanmar rubies and jade. The association’s president, Jeffrey Bilgore, said the mission had been […]

Filed Under: Latest News Tagged With: AGTA, development, economic cooperation, industry, Jeffrey Bilgore, Jewellery Entrepreneurs Association, Jewellry Entrepreneurs Association, MGJEA, Myanmar Gems, OECD, Peter Kucik, The American Gem Trade Association, The Myanmar Times, U Aung Kyaw Win, U Maung Maung Lay, UMFCCI, Union of Myanmar Federation of Chambers of Commerce, US President Barack Obama, US Treasury Office of Foreign Assets Control, Yangon Region Gems

Gems and Jewellery Entrepreneurs Hustles for Lower Tax Rate

September 14, 2016 by thiha

Gem entrepreneurs have urged the Ministry of Planning and Finance to review the commercial tax rate on the gems sector which is listed as a special item in the Special Commodities Tax Law. In 2015, the commercial tax rate was set at 15 percent for raw gem stones such as jade, rubies, sapphires, emeralds and […]

Filed Under: Latest News Tagged With: finance, Internal Revenue Department, Jewellery Entrepreneurs Association, Ministry of Planning, Ministry of Planning and Finance, Myanmar Gems, Naypyitaw, Special Commodities Tax Law, The Vice Chairman of Information Committee of Mandalay Region Gems, U Myint Khaing, U Tun Hla Aung, Union Tax Law

Entrepreneurs ask finance minister to reconsider special tax

June 22, 2016 by thiha

Planning and Finance Minister U Kyaw Win received a barrage of requests to cut taxes during a meeting with a group of almost 50 business associations in Yangon earlier this week. The minister met with entrepreneurs at the Union of Myanmar Federation of Chambers of Commerce and Industry, to ask their opinions on economic development and learn […]

Filed Under: Latest News Tagged With: Asian Development Bank, Finance Minister U Kyaw Win, IRD, Jewellery Entrepreneurs Association, Mon State, Myanmar Federation of Chambers of Commerce, Myanmar Garment Manufacturers Association, Myanmar Gems, Myanmar Gold Entrepreneurs Association, U Kyaw Win, U Myint Soe, U Thein Sein, Union Tax Law, Yangon

Myanmar jade market hit hard by halting of Chinese government loans

March 18, 2016 by thiha

The Myanmar jade market has taken a huge hit as the Chinese government has stopped the provision of loans to Chinese jade traders, it is known from the market. “The [Chinese] government has pushed back the handing out of loans to [Chinese] jade buyers. Those big businessmen [Chinese jade buyers] have partnerships with [Chinese] banks. […]