Southeast Asian 'gold rush' fuels wave of business projects

From lion-embossed bullion to new mining sites, companies ride investment boom

20251008 gold bar

Golden opportunity? Demand for bullion has risen in many Southeast Asian countries. © Reuters

KENTARO TAKEDA and NATSUMI KAWASAKI

SINGAPORE/JAKARTA -- From bullion bars emblazoned with a lion design in Singapore to a new mining project in Indonesia, gold-related business is roaring in Southeast Asia as companies look to tap the surge in prices for the precious metal.

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