Singapore Bullion Market Association

Article List

Article List


By Albert Cheng, CEO, SBMA

The team at SBMA has been busy this quarter with membership enquiries and is working to onboard new members, as well as collaborating with various stakeholders to open up different markets within the ASEAN region. We also would also like to thank our contributors and sponsors for their contributions to Crucible.

Here is an update of SBMA’s activities in the past quarter:

June 4–6, 2023

SBMA organised its 6th Asia Pacific Precious Metals Conference (APPMC), which concluded successfully with 469 in-person registrations for the event.

June 26–30, 2023

SBMA CEO Albert Cheng was a speaker at the China PGM Market Summit: PGM Financial Market, where he spoke about the emergence of PGMs in ASEAN and how SBMA helps members navigate the PGM market. See pages 26-27 for the proceedings.

August 18-20, 2023

SBMA CEO Albert Cheng participated in a panel discussion alongside other esteemed industry experts, at the India Gold Conference 2023. The panel discussed the Gold Industry Declaration of Sustainability Principles, including responsible sourcing, sustainable development, human rights, and diversity. During the conference, the organizers also honored him with a Special Category Award in recognition of his exceptional contributions to the global bullion industry.

The panel discussed the Gold Industry Declaration of Sustainability Principles
SBMA CEO Albert Cheng


15–17 October 2023. Barcelona, Spain

LBMA/LPPM Global Precious Metals Conference 2023

RThe 23rd LBMA/LPPM Global Precious Metals Conference will be held in the cosmopolitan capital of Spain’s Catalonia region. Register now for three days of engaging speakers, insightful panel sessions, and unparalleled networking opportunities. Don’t miss this chance to be a part of an unforgettable event. Visit
Please visit for registration and event details.

9–11 June 2024. Singapore

Asia Pacific Precious Metals Conference 2024

The annual APPMC, organised by the SBMA and supported by Enterprise Singapore, will next take place on 9–11 June 2024 at Shangri-La Singapore. The 7th edition also marks SBMA’s 30th anniversary. Remember to mark your calendar, and we hope to see you then.
More information, updates and details of past conferences are available at:


Morgan Stanley Capital Group (Singapore) Pte was onboarded as a Local Associate Corporate member, and Eliz Precious Metals Malaysia was onboarded as a Foreign Associate Corporate member.

SBMA’s total corporate membership consists of 68 companies, including 4 Category 1 members, 39 Local Associate Corporate members, 22 Foreign Associate Corporate members, and 3 Affiliate members..

SBMA proudly congratulates Jason Chan, our esteemed honorary legal counsel, on being named one of Southeast Asia’s Top 15 Litigators 2023 by Asian Legal Business. Jason’s exceptional expertise and dedication to the field of law over the past two decades have earned him this prestigious recognition. As a senior counsel and co-head of the white-collar and investigations practice at Allen & Gledhill in Singapore, Jason has been an integral part of their team, consistently showcasing outstanding skills and unwavering commitment to justice. We are incredibly proud of Jason’s remarkable achievements and his invaluable contributions to the legal profession and SBMA.

SBMA provides additional ad-hoc event management and marketing services for members who wishes to have more outreach and exposure to the precious metals industry. Should you be interested to explore these options and for SBMA to further add value to your company, please contact Margaret at for more information.


© 2023 Singapore Bullion Market Association

The information and articles provided in Crucible are intended to be a guide of a general nature and for information purposes only. They are not intended to be recommendations or advice of any sort and therefore must not be construed as such. While we try to ensure that the information contained in Crucible is accurate, SBMA, the article contributors and their organisations do not accept any liability for any mistakes, errors, or omissions for any loss or damage arising from any reliance thereon. SBMA, the article contributors and their organisations also disclaim all responsibility for any loss, injury, claim, liability, expense, or damage of any kind resulting from, arising out of, or in any way related to any errors in, omissions from, or reliance on any part of the information, views, or opinions expressed in this publication.