Myanmar: Traders Hope for a Boost from New Gem Laws

Jan 9, 2019 | Kyaw Ko Ko, Myanmar Times
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The new amendments to the law governing the extraction of gemstones in Myanmar are expected to offer relief for the gem industry in Mandalay. Industry insiders interviewed by Myanmar Times said they hope the market in Mandalay will bounce back this year after the Pyidaungsu Hluttaw on December 18 amended the tax rates and restrictions on the opening of new mining areas.