Belgium Launches Inquiry Into Diamond Trading
SMH reported Belgium has began an inquiry into possible tax fraud among diamond traders in Antwerp.
Articles Tagged "belgium"
Online Diamond Jeweler Raises EUR 2.8 Million Fresh Capital
Baunat, a private online diamond distributer, reports it has raisedEUR 2.8m via a 'Belgian-French' private equity placement.
Belgium Rough Diamond Trade Surging $1.4 bln
Belgium exported in June 10.67 million carats of rough diamonds worth $763.17 million. This is an 11 percent dip in volume and 35.3 percent decline in value compared to June 2008. For full story, click here
Belgium’s Diamond Industry see crash in diamond exports
Like the case of Surat, Belgium’s diamond industry is also facing the impact of slump in a very bad patch. For full story, click here
India has beaten Belgium in polished diamond exports
It is not in just gold imports and scrap gold exports that India is showing its bullion mettle. India has beat global diamond leader Belgium in the export of polished diamonds. For full story, click here
Dark party for diamond smugglers
Dubai’s ideal location between the world diamond centres in Belgium and India, along with the lure of a tax-free, business-friendly environment has assisted the city leap to the forefront of the diamond trade. For full story, click here
Around the globe, diamond imports and exports collapse
With the holiday season behind us, now is the time diamond miners and retailers should have full pockets and empty shelves. However, with the holiday season of ’08 coming on the back of economic catastrophe, countries across the globe are reporting stark numbers for diamond exports and imports.
Around the globe, diamond exports drop
As economic turmoil spread around the globe in ‘08, the diamond industry lost some of its brilliance. The industry was doing well until about September, then diamond prices and sales went on a steep descent. Diamond prices are down about one-third since their high last August
Diamond industry look outside the US for market support
The Diamond industry is heading to Hong Kong with high hopes that strong Far East demand will sustain high price levels. The diamond industry concerned that economic hardships in the US will dampen holiday jewelery demand, as Christmas is when jewelers realize the majority of their annual sales.
