Connect with us

Press Releases

Hong Kong Indian Diamond Association Joins WFDB

Lawrence Ma, president of the Hong Kong Diamond Bourse, was instrumental in bringing HKIDA to the WFDB table.

mm

Published

on

Members of WFDB
Members of WFDB

(PRESS RELEASE) ANTWERP — The Hong Kong Indian Diamond Association (HKIDA) has joined the World Federation of Diamond Bourses (WFDB) as an associate member, granting it observer status in various organizational forums. HKIDA is an association of Indian natural diamond and diamond jewelry dealers and traders operating in Hong Kong whose aim is to promote the natural diamond trade and to ensure consumer trust in the diamond industry.

The WFDB, which was founded in 1947 to protect the interests of diamond bourses and their members, is now seeking to broaden its influence and relevance by inviting leading non-bourse organizations in the global diamond and jewelry industries to its ranks.

Podcast: Jeffrey Samuels on How to Build a Business to Support a Lifestyle
JimmyCast

Podcast: Jeffrey Samuels on How to Build a Business to Support a Lifestyle

Maximizing Your Business Potential Is Easier Than Ever With the Zing™ Platform by Jewelers Mutual® Group
Podcasts

Maximizing Your Business Potential Is Easier Than Ever With the Zing™ Platform by Jewelers Mutual® Group

Find Out Why So Many American Jewelers Are Loving Thai Jewelry (and Gemstones)
Sponsored Podcasts

Find Out Why So Many American Jewelers Are Loving Thai Jewelry (and Gemstones)

Founded in 2015, the HKIDA holds events and seminars for members in the areas of financing, technology and innovation as well as latest industry trends. It also organizes a pavilion for members at international exhibitions held in Hong Kong.

Lawrence Ma, president of the Hong Kong Diamond Bourse, was instrumental in bringing HKIDA to the WFDB table. He said, “I am very pleased to welcome HKIDA as an associate member. The WFDB is the largest diamond organization in the world. Our mission is to strengthen the global diamond industry and that is why we are keen to invite important players into our ranks.”

Raju Shah, president of HKIDA said, “We are very excited to join the WFDB. HKIDA wishes to join forces with the international diamond industry and is committed to support the WFDB’s efforts in protecting and promoting the diamond industry around the world in this challenging and ever-changing environment.”

Yoram Dvash, acting president of the WFDB, said, “We are very pleased to have the Hong Kong Indian Diamond Association join the World Federation of Diamond Bourses as an Associate Member. The HKIDA represents dozens of diamond companies, who form a significant force in the diamond industry. The more players we bring to the WFDB table, the stronger we are together.”

Advertisement

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials

If It’s Time to Consolidate, It’s Time to Call Wilkerson

When Tom Moses decided to close one of the two Moses Jewelers stores in western Pennsylvania, it was time to call in the experts. After reviewing two candidates, Moses, a co-owner of the 72 year-old business, decided to go with Wilkerson. The sale went better than expected. Concerned about running it during the pandemic, Moses says it might have helped the sale. “People wanted to get out, so there was pent-up demand,” he says. “Folks were not traveling so there was disposable income, and we don’t recall a single client commenting to us, feeling uncomfortable. It was busy in here!” And perhaps most importantly, Wilkerson was easy to deal with, he says, and Susan, their personal Wilkerson consultant, was knowledgeable, organized and “really good.” Now, the company can focus on their remaining location — without the hassle of carrying over merchandise that either wouldn’t fit or hadn’t sold. “The decision to hire Wilkerson was a good one,” says Moses.

Promoted Headlines

Advertisement

Advertisement

Advertisement

Subscribe


BULLETINS

INSTORE helps you become a better jeweler
with the biggest daily news headlines and useful tips.
(Mailed 5x per week.)

Facebook

Latest Comments

Most Popular