Global platinum body seeks to lift demand for the metal here

Singapore

SINGAPORE, which has seen a flurry of activity in its gold sector in recent years, could see platinum take off in a similar way as the World Platinum Investment Council (WPIC) ramps up its promotional work here.

The industry body has joined the Singapore Bullion Market Association (SBMA) here as it seeks to stimulate investor demand for physical platinum and increase the ways that Asian investors can invest in the metal.

Among the plans afoot for Singapore: tying up with dealers to sell platinum bars and coins, starting platinum exchange-trad…