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KUALA LUMPUR: DeGem Bhd, the manufacturer, retailer, designer and distributor of fine gemstone jewellery, will soon establish an office in Thailand to penetrate the market.
When markets plunge and money starts losing its value, investors start looking for other places to park their money. Can diamonds be the next big thing?
Jeweller DeGem Bhd is looking at opportunities to expand its fledgling overseas business this year, targeting other South-East Asian countries and the Middle East.
JEWELLERY maker and retailer DeGem Bhd expects its overseas sales, mainly from Asean countries, to account for 30% to 50% of its total revenue in the next three to five years from 5% currently.
RETAIL jewellery outlets are mushrooming in Malaysia, especially in the Klang Valley. In the face of more intense competition, the retail jewellery players still remain fairly optimistic about the Malaysian market.
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