Thai jewellers expect 10% hike as economy recovers

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Mood upbeat as Bangkok Gems & Jewelry Fair opens.

The Thai jewellery industry is preparing itself for a boost in trading as the 47th Bangkok Gems & Jewelry Fair opened in Thailand’s capital today.

The mood of the fair is one of hopeful optimism as the first buyers make their way into the event, held at the city’s Impact Challenger, with exhibitors expecting to reap the benefits of an improved economic climate.

Thai Gem and Jewelry Traders Association president Vichai Assarasakorn said he anticipates a shift in economic fortunes to benefit exhibitors at the fair. He added: “The economic indicators show signs of recovery especially in India and China. My forecast this year for the business growth is 10 percent.”

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The Bangkok Gems & Jewelry Fair has suffered in the past as political unrest has racked the country, but Assarasakorn believes the show’s international visitor base had not been put off.

He said: “We have been holding the Bangkok Gems & Jewelry Fair for 46 times and have gone through many difficulties in the midst of political unrest. I am still confident that those circumstances haven’t affected this event as we have gained a tremendous feedback from participants around the world.”

Bangkok Gems & Jewelry Fair offers a mix of product from 1,500 exhibitors including up-and-coming local designers, fashion jewellery, a large offer of silver jewellery, loose gems, fine finished jewellery and international brands. The show is expecting to welcome more than 35,000 visitors this year.
 

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