NEWS
New York: Kimberley Process (KP) Chair
Ahmed Bin Sulayem has been honoured by the Diamond Dealers Club (DDC) of New
York for contributions to supporting the sustainable growth of the global
diamond industry.
Mumbai: Just three Indian gold loan
companies have more gold in their vaults than many sovereign nations, according
to recent reports in the Indian media!
The three, Muthoot Finance, Manappuram
Finance and Muthoot Fincorp which are the largest in the business, have seen
their reserves rise by as much as 35% over the last two years, and today have
as much as 263 tonnes of gold stocks between them, the reports say.
Mumbai: The Gem & Jewellery Export
Promotion Council (GJEPC), had, some time back launched MyKYCBank.com for the
benefit of the industry. The GJEPC is now holding training sessions for
representatives (who are typically involved in the KYC process) of
participating member companies. These sessions are planned to be held twice a
week – every Tuesday and Thursday at 4.00 pm -- at the GJEPC’s Conference Room.
Mumbai: The Platinum Guild International
(PGI) has predicted that Indian demand for platinum jewellery would grow by
double digits next year and Japanese consumption will stay strong.
Hong Kong: Two of the jewelry industry’s
leading trade fairs are set to take place in Hong Kong in the first quarter of
2017.
Kuala Lumpur Hong Kong-based jeweler Luk
Fook opened its first stores in Malaysia to tap into Southeast Asia’s “booming”
tourism industry.
Ramat Gan:
Alrosa will hold a tender of both polished and rough diamonds during
Israel’s sixth International Diamond Week (IDWI), February 13 – 16, 2017 at the
Israel Diamond Exchange (IDE.) The auction will offer 108 boxes of rough
diamonds of 11 to 199 carats, and several unique white and fancy color polished
diamonds, weighing from 10 to 80 ct, including five that were cut from one huge
rough stone.
Mumbai: The global diamond industry is
facing disruption that could stretch through the first few months of next year,
including Valentine's Day in February, as a result of Indian Prime Minister
Narendra Modi's radical move to abolish most of the nation's cash overnight.
Mumbai:
Representatives of The Gem & Jewellery Export Promotion Council (GJEPC)
including Chairman Praveenshankar Pandya and Executive Director (ED) Sabyasachi
Ray met the Indian Ambassador to Azerbaijan, H.E. Shri Sanjay Rana, at the
GJEPC’s headquarters today.
Mumbai: The 10th edition
of Signature IIJS 2017 is all set to unveil the most coveted premium jewellery
and kick-start the new buying season from 6th (Monday) – 9th (Thursday)
February, 2017 at Bombay Exhibition Centre, Goregaon. The 4th edition
of India Gem & Jewellery Machinery Expo (IGJME) – one of the leading gem
and jewellery (G&J) technology fairs - will be held in conjunction with
SIGNATURE IIJS on the same dates and at the same venue.
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