Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

Myanmar and Malaysia to work with GIT for increasing coloured gems market

15 january 2021
news_15012021_git.png
Image credit: GIT

Jewelry entrepreneurs from Myanmar and Malaysia have expressed their trust in the expertise of The Gem and Jewelry Institute of Thailand (GIT) in raising the standards of gems and jewelry laboratories, developing personnel, and its aim at driving growth of coloured gemstones market in the region.
GIT recently held an online forum entitled ‘Exploring Potential of Gem and Jewelry Market in CLMV’ to highlight the potential of manufacturing and trading of gems and jewellery in ASEAN and exploring ways to work together to further develop the potential of this industry in the future.
Myanmar is the world's leading source of gemstones with more than 100 types of coloured gems, including rubies, sapphires and jade. Currently, the Myanmar government promotes the development of the gems and jewellery both in midstream and downstream segments, making it a good opportunity for foreign investors, as well as Thai entrepreneurs.
As for the opportunity of the Malaysian gem and jewelry industry, majority of the Malaysian people prefer to buy and invest in gold ornaments, while the wealthy have become more interested in the coloured gemstones and would purchase gems from Thailand as they are familiar with the Thai market.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Market