SINGAPORE TO HOST 2014 WORLD DIAMOND CONGRESS

Published on 11/05/11

The 2011 Presidents' Meeting of the World Federation of Diamond Bourses (WFDB) decided in Dubai earlier this month to accept the invitation of the Diamond Exchange of Singapore (DES) to host the 36th World Diamond Congress in 2014.

"Singapore is an important gateway to the Asian market, in particular to markets such as Malaysia and Indonesia which are the next potential growth markets for diamonds and diamond jewellery," WFDB President Avi Paz said. "During the past decades, the members of the Diamond Exchange of Singapore (DES) have made a significant contribution to the development of new diamond markets. Through their sourcing and business relations with peers in other diamond bourses worldwide, they have consequently helped to increase the volume of business at other bourses as well," Paz noted.