Government is planning to loosen tie on fuel import procedureIt means that the permission for fuel import would be allowed to organizations and private businesses to apply to the Trade Council. But other organizations must seek an approval from the Trade Council. If approval is granted, the organization has to reveal the amount of fuel and why it is needed in the application. The private sectors that would be given permission are the mining, gems, forestry, fishery and livestock sectors. [Source: Myanmar times]
Legal experts are expecting Trademark act

Legal experts last week said Acts must be put in action to protect trademarks if the country is going to attract the foreign investment. it is also an important task to educate the people about the trademark act. Enacting a trademark act will bring benefits for both businesses and the state. If companies want to register their property, they have to report and work with the Yangon Registration Office of the settlements and Land Records Department. [Source:Myanmar times]

The Rich Gems Jewellery Show

News from Mirror Newspaper 22nd Aug, 2007

News from Mirror Newspaper 2nd July, 2007

Recent Myanmar Gems News from Pala Gems International

This month, the sheer immensity of devastation in southern Burma and Sichuan, China—on the heels of the flooding in Merelani, Tanzania—gives us pause.

The following news items pertaining to Burma were published since our last Gem News.

• Burma to Grant More Jade Mining Blocks to Local Businesses: Burma will grant 319 mining blocks to local entrepreneurs, People’s Daily Online reported May 4. Each block measures one acre and will be leased for three years. • Te Za Begins Mining in Phakant: Burma tycoon Te Za has begun jade mining operations in Phakant, in the Kachin State of northern Burma, Burma News International preported May 1. The area was confiscated with the help of the Phakant-based military junta, displacing “over 30 households in each mine area.” The households received compensation. • Burma Forms First Gem Merchants Association: Burma’s largest business organization and the Ministry of Mines are facilitating formation of the country’s first rough-gem merchants association, the Myanmar Gem Merchants’ Association, Rapaport reported April 15.


Burma Developments of Interest

• Bush to Hold First Summit with ASEAN Leaders in Singapore, from Agence France-Presse, May 4 • ASEAN Aims to Ink Free Trade Pact with Japan, from AP, May 3 • Burma–Thai Bilateral Trade Up Over 50% in 2006–07, fromXinhua, April 30

● Pearl auction underway in Myanmar A three-day pearl auction, sponsored by the state-run Myanmar Pearl Enterprise (MPE), is underway, attracting dozens of foreign pearl traders. A total of 515 pearl lots and 94,….  (2007.02.23)

● Myanmar to hold pearl auction in February  Myanmar will hold a pearl auction in February with the aim of boosting foreign exchange earning, a local weekly reported Friday. During the three-day Myanmar  (2007.01.19)

● Myanmar to hold gems show in March  Myanmar will hold an annual gems show From March 8 to 20 to draw foreign merchants in a bid to earn more foreign exchange, according to an announcement of…. (2007.01.06)

● Myanmar to hold gems exhibition in March Myanmar will hold a gems exhibition in March next year targeting mainly at merchants abroad, state-run media reported on Saturday. Domestically produced …. (2006.12.30)

● Myanmar leader meets Sri Lankan PM  Vice-Chairman of the Myanmar State Peace and Development Council Vice-Senior General Maung Aye met Wednesday with visiting Sri Lankan Prime Minister Ratnasiri Wickramanayaka in …. (2006.12.21)

● Sri Lankan PM to visit Myanmar Sri Lankan Prime Minister Ratnasiri Wickramanayaka will pay a working visit to Myanmar in the near future, an official announcement said here Friday without giving the date of t…. (2006.12.15)

● Myanmar to further develop finished gem industry Myanmar leader Lieutenant-General Thein Sein has stressed the need to develop finished gem industry to pave way for exporting value-added products. Thein Sein, first secretary …. (2006.12.05)

● Myanmar to grant new gem mining blocks for local investors in 2007 Myanmar will grant 215 more new gem mining blocks for local investors in 2007 to promote gems and jade production, said a report of Sunday’s (2006.11.27)

● Myanmar agrees to establish direct trade links with Sri Lanka Myanmar has agreed with Sri Lanka to establish direct air and sea links to effectively boost their bilateral trade ties, the local weekly Myanmar Times re…. (2006.11.06)

● Mid-year gems emporium begins in Myanmar A mid-year Myanmar gems emporium kicked off in Yangon Thursday, putting the country’s quality gems, jade, pearl and jewelry worth over 75 million U.S. dol…. (2006.10.19)

● Myanmar to hold mid-year gems emporium later this month Myanmar will hold a mid-year gems emporium later this month to encourage national gem traders to sell more quality gems, jade, pear…. (2006.10.03)

• Unrivalled, jade remains a yardstick for gem industry By May Thandar Win

MYANMAR jade, unrivalled in quality around the world, fills its country with pride. The English word ‘jade’ is derived from ijada, Spanish for ‘the stone that cures kidney diseases’. The Chinese word for jade is yu, a general term for any stone that humans utilise for their own purposes.

News by Myanmar Times

•  Myanmar Gems special Exhibition in July Yangon : 23.April.2007 : Myanmar Gems Special Exhibition and Auction will be held in July, 2007. This annual event has been held since 1964 and mid-year Myanmar Gem exhibition was held since 1992. Selling of raw jade, ruby and other precious stones fetched Myanmar over 600 million dollars yearly.

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