Page 18 - Bullion World Issue 7 November 2021

Bullion World | Issue 07 | November 2021

ASEAN’s bullion industry remains

resilient amid the pandemic

Figure 1

Figure 2

Mr. Albert Cheng
CEO, SBMA

Despite the challenges of the Figure 3
ongoing Covid-19 pandemic,
which include logistics, refinery
capacity and lack of manpower,
the region showed its resilience
in maintaining the supply chain
and keeping the industry moving.
While tonnage figures showed
a slight dip, the value of the
half yearly imports and exports
figure of gold bullion in 2021 via
Singapore remained the same
as in previous years, thanks to
the efforts of key bullion traders
in the region to remain nimble
and efficient in delivering their
services (Figs. 1–3).

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