Myanmar’s gem industry raked in $1.44 billion during a 13-day emporium in Yangon showcasing the country’s jade, gems, and pearls products. Myanmar, the world’s leading producer of rubies and finely-crafted jade, has made the announcement that this year’s sales is the highest in record since 1964. Experts on Myanmar affairs are predicting a change of policy in Yangon to reverse years of isolation and promote its natural resources to attract foreign investment that may well lead to a review of the trade embargo imposed to them by the West. Read full story here.
URL: http://thestar.com.my/news/story.asp?file=/2010/12/7/worldupdates/2010-12-07T170525Z_01_NOOTR_RTRMDNC_0_-534006-1&sec=Worldupdates
Tags: Myanmar, business in Myanmar, gemstones, precious stones, jewelry business
