Wednesday, April 23, 2008

SUBCOMMITTEE MEETING OF THE GEM & JEWELLERY SECTOR - SRI LANKA

SUBCOMMITTEE MEETING OF THE GEM & JEWELLERY SECTOR PROPOSED TO BE HELD ON 30/04/2008 AT 3.00P.M. AT THE NCE

We are pleased to inform you, that the Council of the NCE has decided to set up subcommittees covering all the products/services sectors of members of the NCE.

The purpose of these subcommittees is to discuss policy and operational issues of the different sectors with a view to prepare strategic plans and to make representations to the relevant state authorities and institutions to resolve issues, based on the strategic developmental plans of the sector.

In this regard the NCE has set up a subcommittee for the Gems & Jewellery sector comprising of the following members.

01. Mr. Anura Eliyapura - Chairman / Managing Director, Raja Jewellers (Pvt) Ltd - (Council Member of NCE and Chairman of Subcommittee)

02. Mr. Srinarth Fernando - Director, Ceylinco Worldwide Trading (Pvt.) Ltd

03. Mr. A.P. Jayarajah - CEO, Wellawatta Nithiyakalyani Jewellery

The subcommittee meeting of the Gems & Jewellery sector is proposed to be held on 30/04/2008 at 3.00p.m. at the Auditorium of the NCE (160/2, Bauddhaloka Mawatha, Colombo-04).

We would also appreciate if you could send us your proposals and suggestions regarding the current issues of the sector which needs attention, by 25th April 2008 the latest.

Your cooperation in this regard will be greatly appreciated.

Yours sincerely,

RASA WEERASINGHAM
EXECUTIVE DIRECTOR

MALAYSIA INTERNATIONAL JEWELLERY FAIR 2008

INTERNATIONAL BEAUTY EXPO 2008 AND MALAYSIA INTERNATIONAL JEWELLERY FAIR 2008

We have received information on the following trade fairs to be held in Malaysia through the Second Secretary (Commercial), Sri Lanka High Commission in Malaysia.

International Beauty Expo 2008 - 11th-14th July 2008 at the Kuala Lumpur Convention Centre, Malaysia and Malaysia International Jewellery Fair - 17th-20th July 2008 at Kuala Lumpur Convention Centre, Malaysia

The brochures and CD-Roms of these events are available at the library of the NCE for reference. For further details please visit www.elite.com.my

If you are interested to participate at these programmes please contact the Second Secretary (Commercial) of the Sri Lanka High Commission in Malaysia with a copy to the NCE. Contact details of the Embassy of Sri Lanka in Malaysia are as follows;

Mr. G.L. Gnanatheva, Second Secretary (Commercial)
Sri Lanka High Commission, Malaysia / Kuala Lumpur
No. 12, Jalan Keranji Dua, Off Jalan Kedongdong,Jalan Ampang Hilir
55000 Kuala Lumpur
MALAYSIA

Tel: + 603-4256 8987 / 4257 1394
Fax: + 603-4253 2497
Email: slhicom@streamyx.com

Friday, April 4, 2008

Turkey-Asia Pacific Foreign Trade Bridge

PROPOSED VISIT OF HON. MINISTER OF EXPORT DEVELOPMENT AND INTERNATIONAL TRADE TO TURKEY, 17-18TH JUNE 2008

Hon. Prof. G. L. Peiris, Minister of Export Development and International Trade is scheduled to undertake an official visit to Turkey from 17-18th June 2008 in order to participate at the Turkey-Asia Pacific Foreign Trade Bridge organized by the Confederation of Businessmen and Industrialists of Turkey. (Copy of the self-explanatory flyer about this event is attached for your convenience).

It has been decided that a business delegation should accompany the Hon. Minister during this visit. The organizers will be arranging one to one business meetings with appropriate counterparts in Turkey as per the requests by delegates. This programme is coordinated by the Department of Commerce (DoC) in Sri Lanka.

This programme will be attended by 22 countries in the Asian Region and is the second programme organized by the Turkey-Asia Pacific Foreign Trade Bridge-II event under the coordination of the Prime Minister's Undersecretary for Foreign Trade of the Republic of Turkey. The programme held in 2007 had been very successful and business deals and orders to a value of 250mn dollars had been confirmed.

Therefore we would advise you to make use of this opportunity to establish business contacts with buyers in Turkey and promote your products in Turkey's export market.

If you are interested please respond to the Chamber latest by 07th April 2008 in order to follow up with the DoC.

Also please send your company and product profiles, promotional materials such as CD's and brochures, 10 copies of each to the NCE, to forward to the DoC to facilitate arranging business meetings with the buyers in Turkey.

Yours sincerely,

Rasa Weerasingham
Executive Director

L. S. G. Tillekeratne
Director - Member Services & New Projects

Tuesday, March 25, 2008

INTERNATIONAL JEWELLERY LONDON (IJL) 2008

31ST AUGUST – 3RD SEPTEMBER 2008

The Sri Lanka Export Development Board (EDB) in collaboration with the Sri Lanka High Commission in UK proposes to organize Sri Lanka’s participation at the International Jewellery London (IJL) with the objective of further expanding Sri Lanka’s share in the UK market and for promoting new designs/manufacturing capabilities. This is Sri Lanka’s first ever participation at IJL.

IJL, launched in 1956 is held for the 52nd year and is considered to be the only UK Trade Show totally dedicated to jewellery. For details please visit www.jewellerylondon.com.

It is proposed to organize a group of 5 – 7 jewellery companies/calibrated and free size gemstone exporters to exhibit at the National Pavilion.

EDB ASSISTANCE
The EDB may consider assistance towards part cost of stall space, cost of construction & display facilities, fixtures & fittings.

MODE OF SELECTIONS
Applicants will be interviewed by a Selection Committee where they will be required ro present their samples and prove their manufacturing capabilities.

APPLICATION PROCEDURE
Application should be made on the prescribed forms available at the Product Management Division, 8th Floor, EDB & on the Website: www.srilankabusiness.com

The forms could also be obtained from the EDB Provincial Offices - Central Province, 22 B, Kotugodella Veediya, Kandy. Tel: 081-2233592, North-Western Province, 22/1, Mihindu Mawatha, Kurunegala, Tel: 037-2221972, Southern Province, 41, Sri Devamitta Mawatha, Galle, Tel: 091-2223595

Duly completed application forms should reach the Director/Product Management, Sri Lanka Export Development Board, No. 42, Navam Mawatha, Colombo 2 on or before 31st March 2008.
For further details, please contact Tel: 2300705-11, Fax: 2305212.

Chairman
SRI LANKA EXPORT DEVELOPMENT BOARD
DHPL Building , No. 42, Navam Mawatha, Colombo 2.
Tel: 2300705-11 Fax: 2300715
Web Site : http//www.srilankabusiness.com

Incredibly Ignored Iolite

iolite gemstoneiolite

“That’s not real tanzanite…..its just iolite!” Ever hear that from one of your customers? Or perhaps be out in someone else’s store and hear someone make that remark? Ever since tanzanite came on the market a few years ago, iolite has been given a back seat on the gemstone marketing bus. Why? Because iolite offers the same beautiful blue color of tanzanite, but has a second color of…well, colorless…instead of the purple of tanzanite. So tanzanite has been getting all the attention, because iolite is blue/colorless rather than blue/purple. You can see the two colors in the images below. And for many years iolite has been regarded as a tanzanite wannabe. A cheap substitution. Well, that is no longer the case. Its time to start paying some attention to this Incredibly Ignored Iolite.

Let’s face it, the jewelry industry needs some cost effective tanzanite alternatives in today’s market, both for themselves and for their customers. Tanzanite continues to be in full production, in spite of the word given that the tanzanite mine would play completely out within two years. That word was given in 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996….well I think you get the point. No one knows just how much tanzanite there is. And that “buy it now before it’s all gone” marketing technique by tanzanite sellers has become tedious at best. But in spite of the big marketing machine for tanzanite, do we have to continue to think about iolite as a tanzanite substitute?

In reality, iolite is just as pretty as tanzanite. Look at the stones in the banner of this week’s edition! It is far more durable than tanzanite. Iolite wears far better than the much more brittle tanzanite. And it’s just plain cheaper. Take a look at left at the pile of iolite rough I just got into the ISG office from a dealer in Thailand . This is 100 pieces of very nice rough weighing a total of 1,567.89 carats. And what did I pay for this rough? US$39.25 on eBay®. Yes, on eBay®. From one of the good eBay® sellers I was telling you about last week. That is only 2 ½ cents PER CARAT as rough! (I told you there were some good sellers on eBay, just have to know where to look).

And what kind of finished product can you expect? Well again, look at the iolites in the banner above, and a finished iolite at right. Iolite gemstones come in a variety of beautiful blue colors that can range from light violet blue, to a dark blue that can rival a fine sapphire. Due to the optical properties it has to be cut correctly to show the best blue color through the face of the stone. But properly cut and set, iolite makes beautiful gemstone jewelry items at a low cost for your customers and at high profits for you. This in today’s market is a win win for everyone.

If your diamond profits have gone the way of BlueNile, and you are looking to get into colored gemstones that are plentiful, long wearing, cost effective and come with high profits, you might want to start thinking outside the traditional tanzanite box, and start thinking about the incredibly ignored iolite!

TRADE FAIRS IN MALAYSIA 2008

We are pleased to inform you that the following trade fairs are being held during the year 2008. The information in relation to the undernoted fairs were received by the NCE from the Sri Lanka High Commission in Malaysia.

Name of Trade Fair and Dates
01. 05th Malaysia International Halal Showcase - 07-11 May 2008
02. Interiors Malaysia 2008 - 29 May - 01 June 2008
03. 09th Malaysia International Food & Beverage Trade Fair - 10-12 July 2008
04. International Healthcare Conference & Exhibition 2008 - 14-16 July 2008
05. Print Technology 2008 - 1-4 August 2008

The fair catalogues and other details are made at the Secretariat of the NCE for reference. Interested companies are requested to contact the undersigned for further details.

U. W. Karunaratne
Asst. Director - Export Promotion & Development
National Chamber of Exporters of Sri Lanka
Email - itcnce@eureka.lk

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