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Local jewellers lament cost, margin pressures

They face tough times due to higher precious metal prices; near-term outlook continues to be unpromising

Uma Devi

Uma Devi

Published Thu, Oct 29, 2020 · 09:50 PM
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Singapore

LOCAL jewellers are feeling the pinch of higher precious metal prices, which is likely to put further pressure on margins that have already been hit by cautious consumer spending and reduced footfall at stores.

The Covid-19 pandemic restrictions on…

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KEYWORDS IN THIS ARTICLE

Jewellery
aspial
maxi-cash

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