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The 57th Bangkok Gems and Jewelry Fair Thailand: The World's Ruby Capital “Propel Thailand to become the world’s hub of gems and jewelry auction by 2018 and to become the top 3 fairs of its kind in the world from Bangkok Gems and Jewelry Fair’s current position as top 5 fairs in the world.”
The Grand Opening Ceremony of the 57th Bangkok Gems and Jewelry Fair under the theme “Thailand: World‟s Ruby Capital” at recent fair Left to right 1. Mr. Somchai Phornchindarak, President of The Gems, Jewelry And Precious Metal Confederation of Thailand (GJPCT) (Sixth from left) 2. Mrs. Chantira Jimreivat Vivatrat, Deputy Director General of The Department of International Trade Promotion (DITP) (Eighth from left) 3. Mr. Suttipong Damrongsakul, President of The Thai Gem & Jewelry Traders Association (TJGTA) (Ninth from left) The Department of International Trade Promotion (DITP) with the Gems, Jewelry and Precious Metal Confederation of Thailand (GJPCT) and the Thai Gem and Jewelry Traders Association (TGJTA) is jointly organising the 57th Bangkok Gems and Jewelry Fair (BGJF). The BGJF is the only fair that showcases gems and jewelry products from every corner of the world, the only fair that offers jewelry from many countries, gathering together world-renowned designers and leading international brands in one place and the only fair where traders and the public can buy duty-free products for five days, from February 24 to 28, 2016. The organisers are honoured that the Commerce Minister will be presiding over the opening ceremony at 9am on Wednesday, February 24, 2016 at the Royal Jubilee Ballroom, Challenger Hall, Impact Muang Thong Thani. The Bangkok Gems and Jewelry Fair is held twice a year to support and promote the Thai gems and jewelry industry in exporting to international markets, as gems and jewelry is one of the country‟s leading products in terms of export value. The fair is also ranked as one of the top five fairs of its kind in the world. This year marks an important milestone for the country as it enters the ASEAN Economic Community (AEC), thus, the Bangkok Gems and Jewelry Fair is the first grand event of the AEC with Thailand as the hub of the gems and jewelry industry in ASEAN. Mr Suttipong Damrongsakul, President of the Thai Gem and Jewelry Traders Association (TGJTA) says that in 2015, the gems and jewelry industry was ranked third in the country in terms of export value, generating US$6.645 billion (224.066 billion baht). The 15,777 businesses involved in the industry, of which 3,500 are registered companies and 90% are SMEs, employ 1.3 million people. The Thai gems and jewelry industry is accepted by businesses all over the world due to its high-quality and skilled craftsmen. The Thai government has always been supportive of the gems and jewelry industry.
Delegates from DITP, GJPCT and TGJTA jointly officiated the 57th Bangkok Gems and Jewelry Fair today. Thailand‟s top models also showcase the beauty of Thai jewelry during the Grand Opening Ceremony Left: Ms. Khemanit Jamikorn, Thai TV Actress and Miss Model of the World 2004 The theme of the 57th Bangkok Gems and Jewelry Fair, held from February 24 to 28, 2016, will be „Thailand: Ruby Capital of the World‟. Visitors, companies and the general public can buy and see the latest innovations and manufacturing technology which adds value to gem and jewelry products in international markets. There will be over 3,500 booths and numerous interesting activities, namely:
On February 9, 2016, the Cabinet approved a tax exemption to promote the Thai gems and jewelry industry for importers or sellers who are registered as individual traders by waiving Value-Add Tax (VAT) on imports of unpolished diamonds, coloured stones, rubies, emeralds, topaz, garnet, opal, zircon, chrysoberyl, jade, pearl and gems, but not on imitation or artificial items. In addition, individual importers will be exempted from paying personal income tax on money earned from selling unpolished gems and pearls, and pay a 1% flat tax on income instead. These measures are aimed to support and promote the Thai gems and jewelry industry to be able to compete on international markets. “Become part of the fair that will propel Thailand to be the gateway to the ASEAN gems and jewelry industry at the Bangkok Gems and Jewelry Fair, Impact Arena, Muang Thong Thani, Bangkok.”
The Opening Ceremony of the 84th Birthday Celebration of Her Majesty Queen Sirikit" at Design Pavilion under the theme “The Art of Thailand” during the 57th Bangkok Gems and Jewelry Fair Left to right 1. Mr. Somchai Phornchindarak, President of The Gems, Jewelry And Precious Metal Confederation of Thailand (GJPCT) (Seventh from left) 2. Mrs. Chantira Jimreivat Vivatrat, Deputy Director General of The Department of International Trade Promotion (DITP) (Eighth from left) 3. Ms. Thapanee Kiatphaibool, Executive Director, Product Promotion Department of Tourism Authority of Thailand (TAT) (Ninth from left) 4. Mr. Suttipong Damrongsakul, President of The Thai Gem & Jewelry Traders Association (TJGTA) (Tenth from left) |