The jewellery scene was enlivened by glitz and glam as the homegrown jewellery event, Singapore International Jewellery Show (SIJS) concludes its 6th presentation at Marina Bay Sands, Singapore from 29 July – 1 August.
|
Mr Lee Yi Shyan, Minister of State, Ministry of Trade and Industry & Manpower graced the opening ceremony alongside with representatives from partners and supporting organizations of the event.
“Singapore’s jewellery sector has done well in meeting these global demand trends. Last year, $6.6 billion worth of jewellery and precious metals were exported. This increase of about half a billion from 2008 can be attributed to the strong demands from Hong Kong, Malaysia and the United Arab Emirates. Still, there is a huge market to be tapped in China, India and Indonesia”, shared Mr Lee in his opening ceremony’s message.
“The World Wealth Report 2009 reported that High Net-Worth Individuals (HNWIs) are cautiously reinvesting in wake of the economic recovery, preferring more tangible assets that are expected to hold long-term value. Jewellery, gems and watches became the second-largest passion-investment category for HNWIs globally in 2009, accounting for 23% of their investments.
Regionally, the Asia-Pacific wealth, led by Hong Kong, rose 30.9% to $9.7 trillion, surpassing the $9.5 trillion worth held by Europe’s HNWIs2”, commented Mr Lee.
|
A total of 180 exhibitors across 21 countries lined the aisles of Marina Bay Sands with their collections of precious stones, gem, diamond and jewellery. Amongst the international players present at SIJS 2010 were namely Zydo and RCM from Italy, Euro Pearls from Britain, Australia’s Hartford Jewellery and Gems and DeGem Masterpiece.
|
The statement piece was no other than a pair of flawless 80carats pear-shaped diamonds worth $35 million by DeGem Masterpiece. On the international scene, Italy’s Zydo presents a stunning pair of 4.5 carats lace ring with navette-cut G colour diamonds of VS1 clarity; 3-tiered ring exquisitely designed in natural and unheated sapphires by La Putri; A breathtaking 18 carat white gold diamond and 12mm pink fresh water pearl earrings from Euro Perals and Hartfords Jewellery and Gem’s Opal Belemnite pendant.
A stunning display from homegrown jewellers such as Lee Hwa’s Vie De Luxe’s collection; On Cheong’s 18K white gold, jade and diamond earrings; Soo Kee’s sparkling daisy necklace finely designed with 1,616 diamonds, totaling 63.02 carats; TianPo’s rose gold necklace complimented with diamonds, amethyst, rose quartz, pink tourmaline & citrine stones and an unique pair of leaf-shaped earrings with special cut tapered diamonds and fancy yellow diamonds from Kim.T Fine Jewellers.
The giant event on Singapore jewellery’s scene certainly created a huge media buzz with total media value amounting to an estimate $5 million; making its presence felt in both local and international media – hitting the papers, big screen and radio waves Making a scene with local and cross border media channels, reaching out to not only local audience but that in Vietnam, Malaysia, Thailand and Sri Lanka as well. Visitors, local and international, this year also hit a new high of 15,000, a 7% increase from last year.
Apart from the sparkle, SIJS also lined up a power packed itinerary with lucky draws, educational talks, networking receptions and fashion shows. Exquisite pieces from TianPo’s latest addition; Soo Kee’s new luxury line up - Mine to Mine; Lee Hwa’s Vie De Lux collection; Goldheart’s enchanting glam-chic jewellery; Foundation Jewellers’ handcrafted peranakan pieces - Kapu Kapu as well as the royalty-chic line up by wedding glamour mogul, Yvonne Creative.
SIJS certainly outdid itself as compared to last year, setting a new sales record (onsite & negotiation) of approximately $48.8 million and an estimated total sales figure of $70.35 million over the next 12 months!
SIJS is fast growing into a recognized jewellery hub of Southeast Asia that caters to the growing needs of both trade and consumer. Year after year, SIJS adds a stroke of sparkle to its mid to high end jewellery showcase with new exclusive jewellery designs and one-of-its-kind jewel pieces. With this under its belt, we will once again take the jewellery scene by storm.
