This Virus Won’t be Forever
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Saturday,March 28 2020 [ Issue 4 March/ 2020 ]
This Virus Won’t be Forever
The love for diamonds and their sparkle can never die down. This fascination for diamonds has weathered world wars, global economic crises, political upheavals and more. It will outlive the Coronavirus crisis too! It’s just a matter of time. Remember, it was during the Great Depression, a brilliant tagline “Diamonds are Forever” was born.

China and Hong Kong are already seeing people trickling into stores to buy luxury items. World over, patience and perseverance seem to be words of immense importance. Times are tough, undoubtedly, but global denizens know better than to give in to such difficult times. This too shall pass, and best of the times shall prevail.

 
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Highlights
The following measures were taken due to the pandemic threat: - all business travels abroad are cancelled, while business trips in Russia are carried out only if absolutely necessary; - rapid response committees have been set
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DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – today announced the roll-out of a Business Support Package to support its business community as w
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It could just be the beginning of the end of a 40-year old monopoly. Over the week, RapNet, the industry’s leading diamond trading platform, which also releases weekly price list, accepted as standard diamond pricing fo
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The gems and jewellery businesses across the world are suffering heavy losses on account of the lockdown. While governments across the world are grappling with this unprecedented crisis, the Indian government under the able l
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The list of 15 nominees has been approved according to the proposals of the company’s shareholders: Maria GORDON – Member of the Supervisory Board of PJSC Moscow Exchange, Member of the Board of Directors of PJSC
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Due to the global situation, the company decided to cancel the upcoming special size auctions, simultaneously offering customers to take part in a digital tender if they need such rough. Digital tender is based on the technol
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In order to control spread of Coronavirus, measures enforced by the Hong Kong government on March 19 have made it mandatory for all travellers arriving in the city to isolate themselves for 14 days. These measures have been t
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Let’s face it, the situation the industry is in today is not just grave but also peculiar. We’ve never been faced with a crisis like this in the past. We’ve braved recessions and even incidents like demoneti
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Nikolay Gorokhov started working in ALROSA’s Yakutsk Diamond Trading Company in 2001. In his new position, he will be responsible for rough diamond sales in Vladivostok, logistics, Chinese market research and increasing
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