Business Times Weekend
15 May 2020
CAN THE JEWELLERY market rise from the ashes of the pandemic to stage its own rebirth?
Here in Singapore, a similar rethinking is also underway among jewellers during the circuit breaker. Michael Koh, founder of the award- my time revamping our website and creating bite-size articles on rare gemstones as a form of knowledge building for our clients and beyond.
I’m spending the other half gathering donations for affected migrant workers. The project is called ‘Apples from Our Hearts’ and we have raised money from our contacts and clients for 300 cartons of fruits – or a total of 32,700 apples and oranges. We want to show our foreign workers we care.”
A rebound right after the circuit breaker might be harder for local companies as there’ll be competition for the supply of pure gold, gemstones and other materials. But Mr Koh expects “business as usual” to return by August.