Singapore Bullion Market Association

Article List

Article List


By Albert Cheng, CEO, SBMA

Published on December 20, 2019

SBMA would like to wish our members and friends a wonderful festive season and a very Happy New Year. We would like to thank our contributors and sponsors for their continued support over the past year, and are looking forward to our continued partnership in 2020. Here is an update of our activities for the last quarter of the 2019:

OCT 13-15

CEO Albert Cheng represents SBMA at the LBMA Conference in Shenzhen.

From left, CEO Albert Cheng; David Harquail, Chairman, World Gold Council; and Ruth Crowell, CEO, LBMA at the LBMA Gala Dinner in Shenzhen.
SBMA Chairman, Vice Chairman and CEO with other delegates at the JP Morgan lunch during LBMA’s annual conference in Shenzhen, China.
NOV 11-13

With the support of SBMA and UOB China, a China Gold Association delegation visits Singapore and Indonesia as part of a One Belt One Road gold market study trip and seminar.

SBMA brought the China Gold Association delegation to visit Brink’s storage facilities at Le Freeport, Singapore.
SBMA organised a meeting between the CGA delegation and Dr Tan Khee Giap, Co-Director of the Asia Competitive Institute(ACI), Lee Kuan Yew School of Public Policy, National University of Singapore.
SK Jewellery Group welcomes SBMA and the CGA delegation at its headquarters at Changi Business Park.
NOV 14

CEO Albert Cheng speaks about investing in gold from a Singapore perspective during a Bank of Thailand visit to Singapore arranged by DBS Bank and DBS Securities Thailand.

NOV 26

SBMA holds its Annual General Meeting (AGM) and welcomes a new management committee.

Chairman Martin Huxley addressing SBMA members at the Annual General Meeting.

CEO Albert Cheng speaks on camera to Chinese international English-language news channel CGTN for the feature “Tech-Savvy Singapore’s Golden Future”, published on 17 December.

Exploratory Meetings

During the quarter, SBMA held meetings with the following companies on membership and matters related to market development: Bank of Thailand, China Gold Association, DBS Bank, Enterprise Singapore, ICBC Standard Bank, London Metal Exchange, Metals Focus, Metal Market Asia, Perspective Media Asia, Singapore Exchange, TOCOM, UOB China, World Gold Council.


SBMA’s total membership comprises 45 companies, including three Category 1 members, 31 Local Associate Corporate members, nine Foreign Associate Corporate members, and two Affiliate members.


13–14 January, 2020. Hong Kong Convention and Exhibition Centre, Hong Kong.

13th Asian Financial Forum

The Asian Financial Forum (AFF) brings together some of the most influential leaders of the global financial and business community to discuss developments and trends in the dynamic markets of Asia. Please visit for registration and event details.

1–2 April, 2020. HKEX Connect Hall, Hong Kong.

13th Annual Mines and Money Asia

Mines and Money Asia is Asia’s largest mining investment forum. This year will see over 1,000 key global decision makers, mining executives, investors, commodity buyers and policy makers from over 40 countries converge in Hong Kong for two days of learning, deal making and unparalleled networking. Please visit for registration and event details.

7-9 June, 2020. Mandarin Orchard. Singapore.

Asia Pacific Precious Metals Conference 2020

The 4th Asia Pacific Precious Metals Conference (APPMC) is organised by the SBMA and supported by Enterprise Singapore which aims at developing and strengthening a unified body in the Asia Pacific for the bullion market. More information, updates and details of past conferences are available in the link: