9 June

A  local  currency  sale  of  gem  started  at  Maniyadana  Jade  Hall  in  Nay  Pyi  Taw  yesterday  morning.

Union Minister for Natural Resources  and  Environmental  Conservation U Ohn Win came to the event to inspect the gems and jade lots put on display and gave necessary instructions.

In this sales event 260 gem lots and 3108 jade lots will be put on  sale  under  an  open  tender  system  and  to  date  more  than  1,500  local  gem  merchant  had  registered to attend it.

On the first day of the event licensed or permitted sellers and buyers under the Myanmar Gem Law and rules were present to inspect  the  displayed  gem  and  jade lots.

Myanma Gems Enterprise General Manager U Than Zaw Oo said, “The day’s event is sale of  gem  in  local  currency.  The  aim was to provide raw material for  small  merchants  and  busi-nesses.

The  majority  of  gems  put  on sale here are appropriate to made into beads, wristbands and bracelets.  These  gems  can  be  made  to  jewelries,  ornaments,  gifts  and  souvenir  items.  The  sales will be from 8 to 13 June.”

Gem lots will be put on sale on 10 June and jade lots will be put on sales from 11 to 13 June through an open tender system.Sale  of  gems  in  local  cur-rency  was  started  in  2011  and  this is the eighth time that it had been  held.—Kyaw  Thu  Htat  (Translated by Zaw Min)