According to CBSL data, declared exports of precious stones in 2024 were less than £382 million. However, the value is much higher for unaccounted exports and clandestine trade. The main destinations ...

From the Queen of Sheba to Britain's Duchess of Cambridge, Sri Lanka's sapphires have adorned royalty through the ages, but a flood of cheap imitations is threatening the island's reputation for the ...

Sri Lanka’s gem and jewellery industry has unaccounted-for exports that exceed US$1 billion (more than Rs 300 billion), the Parliament was told Friday. In stark contrast, external sector data from the ...

The gem industry is divided on the recently introduced gazette allowing for the export of rough gems that some academics believe results in the reduction in the quality of Sri Lankan products. Colombo ...