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Taka Jewellery sets sights on overseas trade shows for post-pandemic growth revival

Paige Lim

Paige Lim

Published Mon, Mar 25, 2024 · 05:00 AM
    • Michael Teo, managing director of Taka Jewellery, says the group has observed growing demand from new trade buyers in South-east Asia and South Asia in recent months.
    • Michael Teo, managing director of Taka Jewellery, says the group has observed growing demand from new trade buyers in South-east Asia and South Asia in recent months. PHOTO: YEN MENG JIIN, BT

    WITH international borders fully reopened since the lifting of pandemic restrictions, Taka Jewellery is pinning its hopes on overseas trade shows as a primary growth driver in the post-pandemic era.

    The Catalist-listed group has seen a surge in demand from new trade buyers in South-east Asia and South Asia in recent months, particularly from Vietnam, Myanmar and Sri Lanka, said Michael Teo, the group’s managing director.

    “Last time, buyers from these countries didn’t spend a single cent, but now they can spend about S$100,000 to S$200,000 (at each trade show),” he said in an interview with The Business Times.

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