10 March

Under the supervision of the Ministry of Natural Resources and Environmental Conservation, the 56th Myanmar Gems Emporium will be held at the Mani Yadana Jade Hall, Nay Pyi Taw. Union Minister for Natural Resources and Environmental Conservation U Ohn Win inspected the displays of jade lots to be auctioned and arrangements being made for the gems merchants to view and buy at the gems emporium. Managing Director and officials from the Myanmar Gems Enterprises explained about the works procedures being conducted at the 56th Myanmar Gems Emporium.

At the event, Union Minister U Ohn Win said that it would be needed for the gems and jewelry merchants as well as buyers to abide by the rules and regulations of the 56th Myanmar Gems Emporium while adjusting the demand and supply of the market to gain good prices. Moreover arrangements would be made to produce and sell finished gemstones and jewelry besides selling raw gems.

The 56th Myanmar Gems Emporium will be held from 11 to 20 March 2019, and a total of 274 pearl lots, 500 lots of jewelry and 6974 jade lots will be sold. A total of 2687 gems merchants from China, Thailand, Australia and the US together with 941 local gems merchants will be visited at the gems emporium, it was learnt.—MNA (Translated by Win Ko Ko Aung)