GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

Yesterday

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

Thai government considers abolishing VAT

09 july 2009

The Thai government is considering abolishing the existing value added tax (VAT) on import of rough diamonds, gems and raw materials for jewellers in Thailand, Diamondworld.net reported. By doing away with the tax, operating costs would reduce for the jewellers, and the industry would be leveraged to compete in global markets, the Thai government believes. After seeing the first five months of 2009, generate gem and jewellery exports worth $4.8 billion (THB 165 billion), the government is looking forward to achieve a targeted gem and jewellery exports worth $8.8 billion (THB 300 billion) during the year. So far, jewellers are paying the entire VAT upfront on all imported jewellery material, which includes those meant to produce end products for the export market. If the tax is eliminated, the Thai gem and jewellery sector would be a world gem and jewelry hub, and the approaching Bangkok Gems & Jewellery Fair in September 2009 would prove a good platform for the same. The proposal for abolishing VAT is expected to be presented to the cabinet in July.