Sri Lankan sapphire displayed at Singapore International Jewlery Expo
A Sri Lankan-origin natural royal blue sapphire of over 100 carats, cut in Bangkok, was exhibited by a Singaporean jeweler at the Singapore International Jewlery Expo (S
According to the High Commission of Sri Lanka in Singapore, the royal blue sapphire is valued at three million US dollars and only five of its kind are said to be on sale worldwide.
It was displayed at the Sri Lanka pavilion organized by the Sri Lankan High Commission in collaboration with the National Gem and Jewellery Authority of Sri Lanka (NGJA) at the exhibition held from 11 – 14 July in Singapore.
Four Sri Lankan companies, namely Cara Jewelers, Ceylon Shine Gems, Raw Ceylon Sapphire, and Sunshine Gems & Jewellers, represented Sri Lanka showcasing their products.
More than three hundred companies from 35 countries displayed their products at the SIJE this year, and the exhibition featured more than 250 million US Dollars’ worth of local and international gems and jewelry.
The High Commissioner of Sri Lanka to Singapore Senarath Dissanayake joined the ribbon-cutting ceremony with the Guest of Honour, State Minister of Trade and Industry of Singapore Alvin Tan, and other dignitaries to declare the event open.
State Minister Alvin Tan also visited the Sri Lanka Pavilion and witnessed a range of stunning Sri Lankan semi-precious and precious stones, including blue sapphire, ruby, amethyst, alexandrite, and tourmaline.
According to the Singapore Jewelers Association, the jewelry market in Singapore has grown with an increasing demand for jewelry that showcases exceptional craftsmanship, unique designs, premium material, and a blend of traditional artistry with contemporary aesthetics.
SIJE serves as an important platform for countries looking to expand their reach to regional and international markets.
Sri Lanka exported goods valued at US$144.58 million to Singapore in 2022, of which 19% were semi-precious and precious stones, indicating the potential available in the Singapore market for Sri Lanka’s gem products.
2024-07-15
