Myanmar earns over 59.4 billion kyats from gems and jade sale

08 January 2020
Myanmar earns over 59.4 billion kyats from gems and jade sale
Gem merchants Submitting their proposals at the Mani Yadana Jade Hall in Nay Pyi Taw on the fourth day of the Gems Emporium. Photo: MNA

Myanmar earned over 59.4 billion kyats (39.6 million U.S. dollars) from a gems and jade sale event which concluded on Tuesday, an official of Myanma Gems Enterprise (MGE), according to a Xinhua report.

The gems and jade sale event, kicked off in capital city Nay Pyi Taw on Jan. 2, was organized by the Myanma Gems Enterprise (MGE) under the Ministry of Natural Resources and Environmental Conservation.

A total of 3,491 jade lots and nine gem lots were sold at the event, with 2,023 merchants in attendance, said General Manager Thet Khaing.