Malaysia has always held promise for the industry. The water is right, the latitude is right, the Indonesians are growing pearls and they are right next door, but Malaysia has never had much success culturing pearls. The Borneo Pearl Company of Japan set up shop there in 1963, under the laws of Japan’s Diamond Policy, but they were growing black pearls and blisters. This is prime location for a South Sea pearl farm.A few farms did pop up, but the last was closed in 1993.
But they’re back! Edward Kong, a Malaysian native, is (successfully) culturing South Sea pearls on Timbun Mata Island. Apparently his farm was financed by a loan from Rosario Autore, a million bucks on a hand-shake deal. That man knows potential when he sees it. He is, after all, Paspaley’s only major competitor.
Edward’s pearl farm is the real deal. His production is not enough to make a global dent, but it is nice to see a new player and a new location in the game.
On another note, there’s not much news in the Pearl World of late. It seems everybody has been concentrating on that election thing over in the good US of A. As always, if any of you see or hear of something I have missed, be sure to drop me a post!
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1 comments:
Dammit! That grain of sand is everywhere!!
First paragraph of the article:
"A foreign object such as a grain of sand falls into a mollusk
Mikimoto and De Beers are dwarfed by the guy who brilliantly marketed that grain of sand! What a genius.
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