Newsletter
topics
Philanthropy, Archived Newsletters, CSR, SDO Management & Leadership, Poverty Alleviation
economies
Hong Kong, India, Korea, Philippines, Singapore
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Who’s Doing Good?

9 April 2018 - 22 April 2018

THE GIVERS

Manny Pacquiao builds homes for the poor. World-renowned boxer, Manny Pacquiao, has revealed that he has been buying hectares of land to build two-bedroom houses in Sarangani and General Santos City to give them to the poor for free. Pacquiao has claimed that the beneficiaries of this free housing program have reached more than one thousand families.

Tata Trusts crosses Rs 1,000 crore in disbursals for 2017-2018. For the first time in its 126-year history, the Tata Trusts, India’s oldest and largest philanthropy initiative, will cross Rs 1,000 crore in disbursals in 2017-2018, doubling the amount from eight years ago.

Indian philanthropists support advancement of scientific research in India. The article highlights major philanthropic individuals and organizations that significantly contributes to the advancement of scientific research in India. Examples include the Tata Trusts, Wadhwani Foundation, and Kiran Mazumdar-Shaw.

THE THINKERS

“Making Indian Philanthropy Matter.” While celebrating the exponential increase in philanthropic giving in India, the article points out remaining challenges and obstacles, arguing that the charitable sector must “address the roots of inequality, nonprofit dependency on business, and an underdeveloped philanthropic system.”

THE BUSINESSES

Singaporean real estate developer serves as a role model for sustainability. City Developments (CDL), Singaporean real estate developer famous for being involved in some of the most iconic buildings in the city-state, is equally well known for its environmental sustainability. Knowing that buildings account for 40% of energy consumption and 30% of greenhouse gas emissions, CDL is contributing to providing clean, green, and health spaces for homeowners, tenants, and the public. Most notably, the company launched the CDL Future Value 2030 sustainable blueprint, raising its carbon emissions reduction target from 25% to 38% from 2006 levels by 2030.

THE VOLUNTEERS

“Hong Kong social entrepreneur who quit her job to help others on fighting inequality and saving the environment.” Keilem Ng, who stepped away from her lucrative career at a Hong Kong investment firm, is now helping others by fighting inequality and saving the environment. Working as a director of the Asian Venture Philanthropy Network’s Hong Kong office, Ng is also running various charities and projects such as “Eco Marine” and “Exchange and Empower” to promote marine education and research programs and to support female athletes in Nepal, respectively.

THE TRUSTBREAKERS

Korean police questions KT chairman in donation probe. Hwang Chang-gyu, Chairman of the Korean telecommunications company KT, was questioned by the Korean police over suspicions that the company made illegal political donations in exchange for favorable legislation, estimating that former and current KT executives may have paid around 90 legislators a combined ₩430 million (US$401.8 million) in illegal donations between 2014 and 2017.