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04 Feb 07 21:30
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Precious stone, jewelry trade expected to be stable
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TNA
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BANGKOK, Feb 5 - The precious stone and ornament business this year is expected to stay still or expand slightly, similarly to its performance last year, according to the Kasikorn Research Centre.
KRC said the local and export-oriented precious stone and jewelry market is projected to grow at a rate close to that of last year.
As for the local market, the genuine precious stone and ornament industry growth is likely to depend mainly on gold prices and local consumer confidence.
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