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  The 51st Myanma Gems Emporium

      The 51st Myanmar Gems Emporium was held on 23rd June 2014, displaying 7,454 lots of jades, 436 lots of gems and 342 lots of pearls. Vice President Dr Sai Mauk Kham viewed the emporium which was held till 6 July at the Mani Yadana Jade Hall in the Capital On the first day of event, Thet Naing Aung Company handed over a raw ruby of 4.63 kilogram in weight which was extracted by a joint-venture in which the government is involved. During the forum, private gems companies sell 7,000 lots of jades from 28 June to 3 July through open tender system, and 300 lots of jades from 4 to 6 July through a competitive system. Among them, a total of 69 jade lots were sold at the floor prices from one million euro to 60 million euro. Moreover, 271 lots of gems were sold on 27 June through open tender system, and that of 165 through competitive system with the floor prices ranges from 40 thousand euro to one million euro. The 204 lots of state owned pearls and that of 138 lots from private sector were sold for three days from 25 June through open tender system and competitive system. Myanmar has held 87 gems emporiums since 1964.

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Prepared by DPS. Last Modified: 23 May, 2008 (slm)

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