23rd Gems and Jade Sales 2007 organized by the Union of Myanmar Economic Holdings was successfully finished at Myanmar Gems Emporium Hall.
The Myanmar Gems Emporium Hall is conveniently located at Kabaaye Pagoda road, just 10 minutes drive from Yangon International Airport and also 10 minutes drive from down town Yangon.
Over 300 lots of renowned and precious rough rubies, sapphires, spinels, peridots and assorted color stones and the world famous rubies from Mogok, Mongshu and Nan Yarr regions were displayed. Also on display were cabochon, semi-cut and faceted rubies and sapphires, varieties of diamonds and jewelries.
Rough Imperial Jade, Commercial Jade and Utility jade from the most popular regions like Phakant, Lonkhim, Tarmakhan, Natmaw and Khamti are going to display. More than 1000 lots of Jade including Samarr Jade are exhibited.
29, Aug, 2007. There was an Aircraft accident at Mergui (Myeik) Airport today. A Jet's front wheel was damaged during the accident. No report on casualities has been received and we will update the news here as and when it is available.
A Surprise fuel price increase by the government retail shops had an immediate effect on mid night at 14th August accroding to a driver who owns an CNG taxi. While he was queuing at 24-hour gas shop, mid night struck and instruction came to increase the gas price. A canister of natural gas containing 65 liters (17 gallons) was raised from 500 kyats (39 cents) to 2,500 kyats ($1.94).
Many taxies decided not to run the next day and watch out for more instruction.
The bus management committee rounded up the contractors and dividing them by asking who will continue to run. The group split with those who would run and those who would not run. Those who run decided to increase fares to double.
Right now the effect of this sudden change is appreantly on the general public who depended on public transport for day to day commute.
We will report further developments soon.