ocr: FASHION according to Chi- rakitti Tang, pre- sident of the Thai Diamond Manufac- turers Association, is 1 the only major stumbling block to the establish- ment of Bangkok as Asia's world centre for diamonds. JILSANDER Others prominent in the industry agree. "The VAT is causing the gem market to drop and is scaring investors to neighbouring countries, says PAREUM Viroj. Nelson Alexander, a gemmologist whose family has been in the business in Bangkok since 1944, - agrees that both government and industry need to break out iti MECMNOENT SIAE ofthe current deadlock ifthe Ihes IAN H industryist to ...
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