On Tuesday the 21st of April 2009 Her Excellency Xluping Yang, the Ambassador of the People’s Republic of China visited the National Gem and Jewellery Authority.
Polished diamond imports in Japan fell by 21% in March 2009 ,when compared to the same period last year. Japanese people choose to spend less on luxury items due to the ongoing recession. The Japanese auto and computer/ electronics industry have taken a big hit due to decreased consumer spending in Europe and the US.
The Rapaport Diamond News quotes the data published by the… Continue reading
Due to the Global recession exports of diamonds to USA from India has dropped by over 30%. Indian diamond exporters are now looking for alternative markets. The Middle East looks promising .Since the onset of 2009, they are the leading importers of polished diamonds from India.
According to Pravin Nanavati, ex president of the Surat Diamond Association, 60% of finished diamond products were exported to the U.S… Continue reading
Angelina Jolie, Victoria Beckham and Anne Hathaway are to design jewellery for the charity. Prince's Trust charity will be among the beneficiaries.
The Prince's Trust is a charity dedicated to helping the youth by developing confidence, motivation and skills to find jobs. The trust tries to address the level of unemployment in the youth in UK ,which will in turn reduce youth crime. Youth crime… Continue reading
By G.K.M Tilaka Nandani- Statistician, National Gem and Jewellery Authority, Sri Lanka.
This article was reproduced with kind permission from the National Gem and Jewellery Authority.
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The value of gem exports in the year 2007 amounted to Rs. 10,442.2 million ,it was Rs 9853.2 million in the… Continue reading