Who’s Doing Good?

16 March 2020 - 29 March 2020

Philanthropists are funding vaccine research, donating supplies, and setting up funds to support hard-hit communities. Crowdfunding websites in Indonesia and Singapore are also seeing a surge in donations.

Jack Ma, Alibaba co-founder, has donated millions of masks, test kits, and other relief materials to countries around the world. This includes the hardest-hit countries—the United States, Korea, Iran, Spain, and Italy—as well as other countries across EuropeAsia, Latin America, and Africa. Ma’s initiative is a collaboration between his eponymous foundation and Alibaba Foundation. The Jack Ma Foundation pledged US$14.4 million to vaccine research—including US$2.15 million to Australia’s Peter Doherty Institute for Infection and Immunity and US$2.15 million to researchers at Columbia University in New York. 

Anand Mahindra, Mahindra Group chairman, offered 100% of his salary to a new Mahindra Foundation fund that will assist hardest-hit communities like small businesses and self-employed individuals.

Lei Jun, Xiaomi CEO, contributed US$1.8 million to relief efforts. The donation went to his home province of Hubei—the epicenter of the outbreak.

Li Ka Shing, Hong Kong tycoon, donated US$13 million to help Wuhan amidst its outbreak. His eponymous foundation also sourced medical supplies for hospital workers in Hong Kong and Wuhan.

The Lee family, which controls Henderson Land Development, set up an anti-epidemic foundation with seed-funding of US$1.4 million.

Adrian Cheng, scion of the family group behind New World Development and Chow Tai Fook Jewellery, donated over US$7 million to nonprofits, schools, and hospital in Hong Kong and Guangzhou.

Indonesian crowdfunding platform Kitabisa sees surge in fundraising campaigns for Covid-19. A total of 513 campaigns have been initiated by public figures, nonprofits, and members of the general public. Total donations amounted to US$1.4 million as of March 23.

Giving.sg, sees 67% spike in donations. More than US$1.5 million was raised on Singapore’s official fundraising site. 15% of the total was raised from campaigns included in the SG United Movement—a government initiative launched on February 20th to streamline contributions to coronavirus-related initiatives.

Charities in different cities are stepping up their operations and raising money for communities both at home and abroad.

The Hong Kong Jockey Club Charities Trust set up a HK$50 million (approximately US$6.5 million) Covid-19 Emergency Fund to provide emergency support to local communities and mitigate the health and societal impact of the outbreak.

Singapore Red Cross collected donations worth more than US$4.5 million for relief efforts related to the outbreak. Approximately US$1.7 million went to purchasing and distributing protective equipment for hospital staff and other healthcare workers in China. The charity also worked to educate Singaporeans about the outbreak by calling and visiting senior citizens to ease their concerns.

Pakistan’s largest charities, including Al-Khidmat Foundation and Saylani Welfare, are aiding the country’s Covid-19 efforts. Al-Khidmat Foundation is distributing soaps, sanitizers, and face masks across the country, and has designated isolation wards in the 52 charity hospitals it runs. Saylani Welfare has introduced a mobile phone application and telephone service where families in need can register themselves to get rations and supplies.

Companies are setting up their own Covid-19 relief funds, leveraging their resources to contribute to relief efforts, and supporting government initiatives. Others are donating through charities or donating needed medical supplies. Companies across Asia are also taking a “business not as usual” approach to help relieve financial stress.

Setting up funds to help combat Covid-19.

Tencent announced a US$100 million Global Anti-Pandemic Fund, with an initial focus on sourcing medical supplies for hospitals and healthcare workers. Prior to this global fund, Tencent had also established the China Anti-Pandemic Fund, which had allocated US$211 million towards research, medical supplies, technology support, as well as towards support for frontline workers, patients and their families. 

Alibaba set up a US$144 million fund to source medical supplies for Wuhan and Hubei province.

Godrej Group earmarked a fund of around US$7 million for community support and relief initiatives in India focused on public health.

Swire Group Charitable Trust (Swire Trust) established the HK$3 million (approximately US$400,000) “Community Fund to fight Covid-19” to support NGOs in delivering their services safely amidst the outbreak. Swire Group also donated over US$1.5 million to help combat the outbreak in Hong Kong.

K. Wah International (KWIH) announced a roughly US$500,000 donation through its KWIH Anti-Epidemic Fund for Tung Wah Group of Hospitals (TWGH). The fund will convert part of the Jockey Club Ngai Chun Integrated Vocational Rehabilitation Centre into a surgical mask production factory. TWGH will provide job training for people with disabilities to assist in the production of an estimated 2.2 million surgical masks per month.

Samsung Group raised nearly US$1 billion for an emergency support fund to aid to its subcontractors amidst Covid-19.

HSBC announced a US$25 million Covid-19 donation fund. The money will support international medical response, protect vulnerable communities, and ensure food security around the world. US$15 million will be made available immediately, with the remaining designated for long-term Covid-19 commitments.

Supporting government initiatives.

Unilever Vietnam committed US$2.245 million and partnered with the Ministry of Health and Ministry of Education and Training to implement its “Stay Strong Vietnam” initiative. Unilever also pledged to donate 550 tonnes of personal hygiene items, sanitization products, and food products to over 1.6 million people across 3,000 schools, hospitals, and isolated communities.

Petronas contributed nearly US$5 million worth of medical equipment and supplies for medical front-liners in Malaysia through its CSR arm Yayasan Petronas. The contribution will be carried out in stages in collaboration with Malaysia’s Ministry of Health and the National Disaster Management Agency.

Government-Linked Companies (GLCs) and Government-Linked Investment Companies’ (GLICs) Disaster Response Network, is coordinating support from companies to assist the Malaysian Health Ministry in tackling the Covid-19 pandemic. The Disaster Response Network is managed by a joint secretariat led by Yayasan Hasanah, a foundation under Khazanah Nasional, and Telekom Malaysia. Early contributions from GLCs, GLICs, and private sector entities exceed US$9 million.

Malaysian companies including Spanco, DRB-HICOM, MMC Corp, and YTL Corp contributed donations ranging from US$230,000 to US$500,000 to the Covid-19 fund launched by Prime Minister Tan Sri Muhyiddin Yassin.

11 Filipino-Chinese organizations, led by the Federation of Filipino-Chinese Chamber of Commerce and Industry, announced a donation of nearly US$2 million worth of medical supplies. The donation will help the Philippines’ Department of Health acquire testing kits and other protective equipment.

Tencent joined Baidu and ByteDance to donate a total of US$115 million towards researching new treatments and helping authorities in the most affected areas in China.

Adaro Energy, Indonesia’s major coal producer, gave the government US$1.3 million to help it fight Covid-19 through its task force.

Leveraging their own resources.

Alibaba Cloud, DAMO Academy, and DingTalk together launched a series of AI technologies and cloud-based solutions to support companies and research organizations worldwide.

Mahindra Group offered resorts owned by the company to be used as Covid-19 hospitals. The Group’s chairman announced that the company is prepared to help government efforts. The Group’s engineering team also indigenously developed a prototype for a ventilator that could cost less than US$100 each.

Reliance will make 100,000 masks per day and offer free fuel to emergency vehicles. Reliance’s CSR arm has prepared one of its hospitals in Mumbai to be India’s first 100-bed facility for Covid-19 patients, and is offering free meals in various cities to support affected communities.

New World Development is outfitting a factory to manufacture more than 200,000 masks per day, and it has partnered with a nanotechnology company to research how nanodiamonds can be used to make masks more protective against bacteria and viruses.

Donating through charities or donating supplies.

The Ministry of Corporate Affairs in India announced that the spending of CSR funds towards Covid-19 initiatives is eligible to be counted as CSR activity under the Companies Act. This frees up around US$2 billion in philanthropic capital to go towards combatting Covid-19.

Tata Trusts has committed nearly US$200 million to fight Covid-19. The funds will be used to buy protective equipment for medical workers, respiratory systems, testing kits, as well as for setting up modular treatment facilities for patients.

Shimao Property Holdings donated around US$4 million, via the Red Cross Society of China, to help combat the outbreak.

APP, a subsidiary of Indonesia-based Sinar Mars Group, donated US$14.4 million to the Overseas Chinese Charity Foundation of China.

Huawei contributed to the construction of the Huoshenshan Hospital in Wuhan and donated medical supplies, computer tablets, and other technological equipment to several European countries. This includes 2 million face masks.

Hyundai Motor Group, SK Group, and LG Group donated over US$4 million each to the Community Chest of Korea to assist the hardest-hit city of Daegu and North Gyeongsang province.

Samsung Group donated a combined US$24.6 million to the Korea Disaster Relief Association.

Hana Financial Group, Shinsegae Group, Doosan Group, and CJ Group each offered nearly US$1 million in donations to the Korea Disaster Relief Association.

Lotte Group donated nearly US$1 million, of which US$254,000 went to the Korean Red Cross.

For hard-hit communities, including those in North Gyeongsang province, SK Group’s SK Siltron announced nearly US$400,000 for face masks and hand sanitizers. LG Household & Healthcare announced nearly US$1 million for hand sanitizer. Lotte provided meals and hygienic supplies to welfare facilities and gave sanitization products, food, and daily necessities to lower-income households, senior citizens, and healthcare workers.

SoftBank CEO Masayoshi Son pledged to donate 1 million masks to elderly care facilities and doctors in Japan.

Fast Retailing, the parent company of Uniqlo, is donating 10 million masks to medical institutions in Japan and around the world. It’s also donating garments for medical staff and 1 million masks to countries with high infection rates—including the United States and Italy. 

Shiseido Group donated US$1.43 million to the Shanghai Charity Foundation and US$143,000 to the Charity Foundation of Wuhan. It also announced the Relay of Love Project, which will allocate 1% of the Group’s sales in Asian markets, between February and July this year, as in-house funds to support regions most affected by Covid-19.

Ayeyarwady Foundation together with Max Myanmar Group, AYA Bank, and AYA Sompo Insurance contributed over US$72,000 worth of medical supplies, hospital equipment, and protective materials to Waibargi Hospital and Yankin Children Hospital.

“Business not as usual” approach.

Gojek is offering a stipend to its driver-partners that test positive for Covid-19. Gojek is also extending support to healthcare workers in Indonesia by waiving food delivery fees in areas near hospitals and offering vouchers for trips to and from hospitals and testing centers.

Ayala Group announced around a US$47 million response package to offer financial relief to businesses within its ecosystem. This includes salary continuance for affected employees and partners, as well as rent-free periods for tenants of Ayala malls, which are closed during the community quarantine till April 14.

Bangkok Bank donated over US$300,000 to Thammasat University Field Hospital, the King Chulalongkorn Memorial Hospital and Thai Red Cross Society. The bank is also introducing financial relief measures such as reducing minimum payment rate for credit card customers to 5%.

CIMB in Malaysia is offering a six-month moratorium for customers on all types of financing payments except for credit cards. Credit card customers can now opt in to convert their outstanding balances into a term loan/financing over a period of up to 36 months.

Social enterprises are adjusting their work to address the needs arising from Covid-19.

Hong Kong social enterprises are rising to the occasion to help combat the outbreak. SoapCycling has distributed masks and soap salvaged from local hotels to nearly 3,000 of the city’s street cleaners. Sew On Studio is selling face mask kits with fabric made by the city’s elderly tailors. Rooftop Republic, which usually promotes urban farming, is making washable, eco-friendly masks that can be worn over surgical masks.

Chinese social enterprise Yishan, a data-driven donor advisor, has built a platform for donations towards supporting Covid-19 relief efforts. So far, Yishan has registered over 40,000 grantmakers and 5,000 public charities, who have raised over US$4.5 billion thus far for their efforts in fighting Covid-19.

New volunteers are stepping up and coming together to help their communities during the crisis.

A new generation of volunteers emerges in Wuhan. Amidst the Covid-19 outbreak, ordinary people stepped up and joined forces to take care of emergency needs unmet by an overwhelmed government. Networks of young volunteers were formed over social media to respond to a variety of needs, from sourcing masks for hospitals to driving medical staff to and from work.


In this section, we usually share stories about scandals that are having negative repercussions for the social sector. With the fear and anxiety surrounding Covid-19, there are some trust-breaking stories circulating from price-gouging to faulty medical supplies. Fortunately, the stories of people being constructive during these times far outnumber them. We look forward to bringing more of these positive stories to you in the coming weeks.

The Covid-19 pandemic has brought much attention to financial markets and businesses, but the nonprofit sector has also been severely impacted in these unprecedented times. These resources offer guidelines for how the sector can weather the storm.

India Development Review highlights five ways funders around the world are helping their partners cope with Covid-19. IDR has also crowdsourced guidelines and practices that social sector organizations—from donors to field workers—are taking in response to Covid-19.

Business for Good

Maximizing the Value of Social Enterprises in Asia

Asia is home to one-third of the world’s wealth and also to two-thirds of the world’s poor. The confluence of unprecedented wealth and unmet needs gives it both the mandate for and ability to leverage the power of social enterprises.

Our action-oriented study explores how. We identify gaps and quantify needs in funding, mentorship, talent and government support. But we also highlight how enablers—including incubators, accelerators, universities—can continue to support social enterprises. We suggest ways for social entrepreneurs and investors to align expectations in the hope of increasing deal flow and investment into the sector. And we outline how governments can strategize to better support social enterprise ecosystem.

We do this by not only drawing upon a global literature review, but listening to what Asian social enterprises themselves say. We surveyed 584 social enterprises from 6 economies: Hong Kong, Indonesia, Japan, Republic of Korea, Pakistan and Thailand, and profiled China and India. We also interviewed 140 social enterprise founders, incubators, accelerators, investors and government officials in depth. This original data not only informs our insights, it forms a unique repository of evidence in this space. Our data makes it easier to see Asia’s social enterprises as they really are.

As many families and companies are thinking about or starting to invest in social business as well as in incubators and ecosystem organizations, our findings are particularly timely and relevant. The 6 economies we gathered data from have more than 1.2 million social enterprises, and attract at least US$100 million of direct and indirect government spending per year. These economies are understudied, have growing social enterprise sectors with enormous potential, and—most importantly—are diverse enough for our insights to be generalizable to other regions in Asia.

Who’s Doing Good?

1 April 2019 - 7 April 2019


Korean celebrities give generously to Gangwon wildfire victims. On Friday, President Moon Jae-in declared a state of national disaster over the wildfire that affected the counties of Goseong, Inje, and Sokcho and the cities of Gangneung and Donghae. In the following days, the President designated these areas as a special disaster zone, which funneled in state money to help victims and support recovery, and a number of public figures made donations to support the affected communities. The largest donor was singer IU with a ₩100 million (approximately US$90,000) donation to ChildFund Korea, an international welfare service organization’s Korean arm. Coming from a range of celebrities, including K-pop idols and athletes, donations to victims in Gangwon Province have totaled US$330,000 as of Saturday and have complemented government efforts to respond to the disaster.

Tata Trusts awards 361 scholarships to students of Jammu and Kashmir. A new scholarship program, launched this year by the Tata Trusts, has selected 350 applicants for a two-year scholarship to pursue degree and diploma courses in education. A spokesperson for the Tata Trusts stated, “The Trusts had conducted an exercise to find out which states would benefit the most through support in promoting teaching as a career. Jammu and Kashmir emerged as one of the top choices.” In addition, 11 fine arts students of the University of Kashmir have been selected for the Tata Trusts Students’ Biennale National Award. The Tata Trusts has been supporting higher education since 1892 with the founding of the J.N. Tata Endowment for the Higher Education of Indians, which was featured in CAPS’ report, “Giving Back to the Future: Scholarships for Higher Education.” This new annual scholarship underscores the Tata Trusts’ continued commitment to supporting higher education.

Azim Premji Foundation highlights the Wipro founder’s unwavering support and patience. With a strong belief that education is the fundamental non-violent way to bring about lasting social change, Azim Premji chose education to be a primary beneficiary of his philanthropic initiatives. Out of Premji’s initial dream of starting a liberal arts school in 1997 grew a philanthropic effort of around 2,000 people working in 50 districts across six Indian states and a university dedicated to education and development domains. CEO of the Azim Premji Foundation, Dileep Ranjekar, lauds the Wipro founder’s continued support for the foundation’s work, stating that Azim Premji’s ability to appreciate and accept the inordinately long cycle time for social and educational change has enabled the foundation to work towards its long-term vision of social and educational change across the nation.


China’s philanthropy to unlock great potential. China’s philanthropy sector has quadrupled over the last decade, and private wealth has been a critical contributor to this growth. Donations from private companies and corporate foundations have dominated philanthropic giving, followed by affluent individuals and other types of organizations such as government agencies and public institutions. A recent report, published by AVPN and the Rockefeller Foundation, pointed out that the overwhelming share of corporate giving and individual donations in China has been largely stimulated by a rising awareness of social responsibility, favorable corporate tax incentives, and the country’s Charity Law passed in March 2016. While the report cautioned some barriers in China’s philanthropy ecosystem, such as a limited number of intermediaries able to help in sophisticated areas of philanthropy and a lack of data transparency, it expressed optimism as Chinese philanthropy burgeons alongside cutting-edge technology and a thriving digital sector, both of which are sparking a greater public interest in charity.


Pakistani nonprofit’s CEO named on Forbes 30 under 30 Asia list of social entrepreneurs. The 28-year-old CEO of Seed Out, Zain Ashraf Mughal, secured a spot on the prestigious list of Asia’s top social entrepreneurs. Seed Out, a nonprofit crowdfunding platform that works to eradicate poverty through interest-free micro-financing, has raised over 600 entrepreneurs in four Pakistani cities and put at least 1,600 children into schools. According to the World Bank in Pakistan, 90% of the workforce is highly entrepreneurial but it is estimated that 80% of them cannot apply for a traditional loan. Through Seed Out, donors can support social entrepreneurs through donating or lending to projects listed on the nonprofit’s website, ultimately providing social entrepreneurs the tools, training, and support to bring about innovative solutions to social and environmental issues.


Citi Foundation and United Nations Development Programme host second Asia Pacific Youth Co:Lab Summit. On April 4th, the United Nations Development Programme and Citi Foundation collaborated with the Ministry of Science and Technology and the Viet Nam Volunteer Center to host the second Asia Pacific Youth Co:Lab Summit in Hanoi. The project is the largest youth-led social entrepreneurship movement driving the implementation of the Sustainable Development Goals. The event brings together over 500 delegates, including hundreds of youth, partners, and government officials from 20 countries, to exchange ideas and experiences and to influence policy initiatives on youth entrepreneurship and social innovation. The initiative has benefitted over 2,500 young social entrepreneurs and has helped launch or improve nearly 500 social enterprises.


Fourteen young Indian social entrepreneurs make the Forbes 30 under 30 Asia list of social entrepreneurs. While the Forbes Billionaire List 2019 featured Indian business leaders including Mukesh Ambani and Azim Premji, a new cohort of young Indian leaders are being featured for their social-driven initiatives. Forbes Asia has released its annual Forbes 30 Under 30 Asia list, highlighting 300 outstanding individuals from 23 countries and territories in the Asia Pacific region. Fourteen young Indian social entrepreneurs were featured on the Forbes 30 under 30 Asia list of social entrepreneurs for their work, which ranges from collecting unused clothes to making sustainable construction bricks out of plastic waste. These young social entrepreneurs are tackling pressing social and environmental issues facing their communities and are a growing cohort of leaders in the burgeoning social entrepreneurship space.

Global impact investment market rises to US$502 billion. The Global Impact Investing Network (GIIN) conducted a comprehensive study analyzing the size and make-up of the impact investing market and launched their landmark report, “Sizing the Impact Investment Market.” GIIN reports that the global impact investment market is sized to be currently worth at least US$502 billion, which is more than double the US$228 billion reported by GIIN last year in its “2018 Annual Impact Investor Survey.” According to the report, the majority of impact investors are based in developed markets such as the US, Canada, and Europe, and a smaller fraction of investors are based in Asia with 2% of investors in East Asia, 2% in Southeast Asia, and 3% in South Asia. While the impact investment market has grown rapidly over the past decade, there is still a need for trillions of dollars to achieve the Sustainable Development Goals, leaving significant room for the nascent impact investment sector to grow.

Villgro leads the way in supporting social enterprises through public-private partnerships. As India’s oldest and one of the world’s largest social enterprise incubators, Villgro has impacted over 19 million lives through its support for early-stage and innovation-based social enterprises. Since its founding in 2001, Villgro has been an exemplar of social enterprise incubation with its focus on deep sectoral expertise, high-touch mentoring, and public-private partnerships. Villgro has collaborated with the private sector, including Accenture and Rabobank, as well as with local and international governments to expand INVEST, one of the world’s largest social innovation programs. The incubator’s diverse partnerships serve as models for other intermediaries looking to bolster the social entrepreneurship ecosystem in their communities.

Who’s Doing Good?

25 March 2019 - 31 March 2019


Singaporean government to match donations given to registered charities. From April to March next year, donations to Institutions of a Public Character (IPCs), certified charities in Singapore, will be matched dollar for dollar through the new SG$200 million (approximately US$147.5 million) Bicentennial Community Fund. Each IPC will be entitled to up to SG$400,000 (approximately US$295,000), and the fund will be administered by the National Volunteer and Philanthropy Centre with support from the Ministry of Culture, Community and Youth. “Through the Bicentennial Community Fund, we hope to further encourage all Singaporeans to continue the philanthropic and community self-help spirit of our forefathers, 200 years on and 200 years forward,” said Grace Fu, Minister for Culture, Community and Youth.


Asian philanthropists have the potential to fuel the new model of philanthropy. As the Doing Good Index 2018 highlights, Asian philanthropists have the capacity to contribute US$500 billion in charitable giving. With recent economic growth comes the potential for a new era of charitable giving focused on seemingly intractable issues, and China is leading the way as it harnesses the highest number of millionaires engaged in environmental, social, and governance-related investing. As collaboration is strengthening with the development of consortiums and alliances, and a new generation of globally minded and mission-driven rich is taking the helm of the exponential growth in capital, Asia is positioned to fuel a new model of philanthropy that can make the biggest bets in bridging the US2.5 trillion funding gap needed to achieve the 2030 Sustainable Development Goals.


Hong Kong nonprofit helps residents with disabilities fight prejudice and break into the workforce. In Hong Kong, the poverty rate among people with disabilities in the city is more than twice the level of the general population. CareER, a local nonprofit dedicated to helping students and graduates with disabilities find jobs, is working to break down the barriers facing disabled jobseekers. After a few years working in human resources for multinational companies, Walter Tsui Yu-hang founded CareER in 2013 to help graduates with disabilities find suitable jobs instead of the low-skill work they are usually offered. CareER now has more than 450 members with disabilities and has worked with over 100 employers to create more than 200 jobs. In efforts to keep growing its impact, CarER launched a two-year career development program last week, sponsored by the Hong Kong Jockey Club Charities Trust, which provides occupational skill training, consultation services, and leadership development.


Support from Alibaba Foundation empowers United Nations (UN) Women flagship programs. Two major initiatives of UN Women—Making Every Woman and Girl Count and Buy from Women—are receiving significant support from the Alibaba Foundation as part of its five-year, US$5 million commitment to UN Women. The Foundation’s contribution will help expand the Making Every Woman and Girl Count program in Asia, which seeks to bring about a radical shift in how gender statistics are used, created, and promoted at the global, regional, and country level. The Foundation’s contribution will also support the Buy From Women digital platform, which empowers women farmers in Liberia and the Democratic Republic of Congo to access new markets and services and increase production and revenues.

Cancer initiative benefits thousands of women in China. ”Make Up Your Life,” a project launched in South Korea in 2008, has provided free cancer-screenings and examinations for 54,000 women in China. Amorepacific, a South Korean cosmetics company, has invested ¥8 million over the past three years in the initiative, and according to a joint report published by China Women’s Development Foundation, free checkups for breast and cervical cancers for underprivileged women has received a positive social return on investment. Each ¥1 (US$0.15) spent in this project turned out a ¥1.52 worth of impact as the initiative effectively raised awareness of such diseases for women in remote areas where medical resources are scared. With enhanced awareness and access to screening, women can take early action for disease prevention and treatment, leading to enhanced general wellbeing of women and their families.


Female tech boss launches drive to empower women. Virginia Tan, co-founder of Lean in China, announced the launch of Nvying program for WeChat. Nvying is a short video platform for women to share their personal stories and communicate about their work life. The application is designed based on the needs of young women in China. “We wanted to do this because I think the market lacks quality content—there is a lot of entertainment and gossip, but we wanted to set a professional standard to answer some of the questions,” Tan said. According to Tan, the program will start with female users of the messaging platform, but later grow to include men as well.

China’s first charity store steps into 11th year in style. Chinese nonprofit, Roundabout, works to promote the eco-conscious lifestyle of the 3Rs—reduce, reuse, and recycle—with its free pick-up service over Beijing. In addition to this, the company opened China’s first charity distribution store to raise funds for vulnerable social groups (orphans, children with critical sicknesses or physical challenges, women, elderly, and earthquake victims) and to connect those who want help those in need. “We hope to create a charming place where people feel good and have a pleasant experience when they step inside—whether to buy a gift for a loved one or to find something they need—so they would like to come back,” said Charlotte Beckett, the charity’s volunteer director.


Two Cathay Pacific pilots raise money to buy rice for charity Feeding Hong Kong. Through a crowdfunding campaign, two Australian pilots, Glen Clarke, and Matthew Brockman, raised HK$10,000 (US$1,270) to buy rice for Feeding Hong Kong, a local charity that rescues edible food from producers, manufacturers, distributors, and retailers and redistributes it to other charities. Both Clarke and Brockman moved to Hong Kong four years ago, and after fundraising money for Australian foundations, they decided to give back to a Hong Kong charity this year. Clarke and Brockman were inspired to raise money to buy rice for Feeding Hong Kong after spending time at the charity’s warehouse in Yau Tong and noticing a lack of rice among the non-perishable food donations. While their campaign for Feeding Hong Kong extends till June, the duo is already brainstorming more ways to give back to the Hong Kong community.


Man held for forging charity commissioner’s signatures. The detection of crime branch in India has arrested a man for forging signatures and stamp of the charity commissioner and preparing bogus documents related to land in Bil village on the Vadodara city’s outskirts. In the process of selling a piece of land he did not actually own, the accused claimed that the land belonged to a temple trust and that he had bought it from them, producing bogus documents with the charity commissioner’s forged signatures and stamp.

Charity laws being enacted in all provinces across Pakistan. With the visiting delegation of the Financial Action Task Force (FATF) in the country on Wednesday, various Pakistani government officials briefed the FATF on steps taken by Pakistan to curb money-laundering. The officials of the National Counter Terrorism Authority (NACTA) were also present on the occasion, briefing the FATF regarding laws on model charities and that laws on charities were being devised in all provinces.

Who’s Doing Good?

21 January 2019 - 27 January 2019


India’s most respected business tycoons attend The Economic Times Family Business Awards. At the second annual ceremony, those who received an award shed light on their family businesses’ key to success. Shekhar Bajaj, chairman and managing director of Bajaj Electricals, highlighted the importance of exercising leadership by example. Arun Bharat Ram, chairman of SRF, noted the importance of governance structure and cohesion. Vinati Saraf, managing director and CEO of Vinati Organics, brought attention to the need to recognize the role of women, and her message was echoed by Rafique Abdul Malik, chairman of Metro Shoes. At large, many agreed that giving back to society was a key element to their family businesses, as Yusuf Hamied, chairman of Cipla, stated, “Success doesn’t make a company, an individual, or a family great. What matters is the social contribution.”


China’s philanthropy booming alongside the growth of billionaires. From 2010 to 2016, donations from the top 100 philanthropists in China more than tripled, reaching US$4.6 billion. In 2016, the National People’s Congress (NPC) enacted the Charity Law, attempting to add transparency and accountability to the broader social sector. The article also notes that Chinese philanthropic foundations now function more like traditional for-profit enterprises with specialized management teams that operate under strict guidelines. The concept of philanthropy is a cornerstone to Chinese culture, revered throughout Confucian texts, and now, the growing number of billionaire philanthropists is trailblazing a new path for more impactful philanthropic giving by expanding the volumes and areas for charitable support.

President Arif Alvi calls on Pakistani businesses to engage in CSR work. At the 11th International Corporate Social Responsibility Summit and Awards organized by the National Forum for Environment and Health, Pakistan President Arif Alvi highlighted the need for legislating regulations that bind the local corporate sector to commit a minimum of 1% of annual profits to projects in health, education, and social development. Alvi’s message closely resembles and mirrors a trend first set by the Indian government, which requires large companies to spend at least 2% of their profits for CSR.

Bain report on digital philanthropy in China raises six questions for stakeholders to consider when developing digital strategies. Digital philanthropy has grown precipitously over the past decade, and online fundraising platforms have made individual giving easier and more accessible. Beyond the oft-reported Tencent and Alibaba and their control of 90% of China’s online fundraising, new players are diversifying the digital philanthropy landscape, including China’s two largest banks, Bank of China and Industrial and Commercial Bank of China, which obtained approval to operate online donation platforms last year. The report highlights the need to pursue digital opportunities and six key areas organizations should consider when developing their digital strategies.


Malaysian nonprofit opens “The Big Heart” learning center. The Dignity for Children Foundation (DFCF) was founded in 1998 by Elisha Satvinder and his wife Petrina to educate and train impoverished children and refugee youth in urban Kuala Lumpur. The Sharjah-based Big Heart Foundation, in collaboration with the United Nations High Commissioner for Refugees, organizes the annual Sharjah International Award for Refugee Advocacy and Support. In the 2018 edition last April, DFCF won and received an award of AED 500,000 (approximately US$136,000). At the awards ceremony, Sharjah ruler Sultan Bin Muhammad Al Qasimi donated an additional US$1 million to DFCF, which was used to expand its flagship project, the Urban Youth Education Village, into the organization’s newly opened learning center, “The Big Heart.”


Google set to fund a 10MW solar farm in Taiwan, its first renewable project in Asia. As the largest corporate buyer of renewable energy in the world, Google is funding a solar farm of 40,000 solar panels in Tainan City to compensate for the energy consumed by its nearby data center. Google has been lobbying the Taiwanese government for years, trying to permit non-utility companies to purchase renewable energy from producers directly. Ultimately, amendments in 2017 to the country’s energy regulations gave the green light for Google’s first renewable project in Asia. While the 10MW solar farm in Tainan City will not measure up to the full consumption of Google’s data center, this renewable project and its preceding lobbying efforts will pave the way for more clean energy projects to come in the region.

US$225 million raised from AC Energy’s maiden green bond issuance will bankroll renewable energy portfolio expansion. The energy platform of the Philippines’ Ayala conglomerate, AC Energy, issued its inaugural senior green bonds, a drawdown from the recently established US$1 billion medium-term note program. The bonds are certified by the Climate Bonds Initiative (CBI), and they will be the first publicly syndicated CBI-certified dollar-denominated green bond in Southeast Asia. On the US$225 million successfully raised, AC Energy chairman, Fernando Zobel de Ayala, expressed, “We are very pleased to see the success of our maiden green bond. This will enable AC Energy to scale up its renewable energy investments in the region.”


Tata Trusts and New America launch blueprint for blockchain and social innovation. New America’s Blockchain Trust Accelerator and the Tata Trusts publicly announced at the Global Blockchain Business Council their ambitious blueprint for blockchain and social innovation. The blueprint outlines practical examples of blockchain projects that can be translated to the social impact and government technology arena. It also brings attention to efforts on part of governments to embrace blockchain, highlighting ways in which blockchain can contribute to social good, social justice, broad-based economic participation, and enhanced trust in the public square. Blockchain was one of the most cited words at last year’s World Economic Forum, and projects like this blueprint are proving that blockchain is quickly gaining interest and support within the social innovation space as well.

“eMpowering Youths Across ASEAN” workshop fosters the growth of young regional entrepreneurs. The ASEAN Foundation and the Maybank Foundation held a five-day workshop to train 100 Southeast Asian entrepreneurs in program development and field-work. These young entrepreneurs will be implementing pilot programs that provide social and economic benefits and services in Cambodia, Indonesia, and Malaysia. This program was a result of Maybank’s efforts to scale its 2016 program that trained students from top universities in Singapore to a regional level with the goal of empowering the youth and fostering the growth of sustainable development innovation throughout Southeast Asia.

Who’s Doing Good?

12 November 2018 - 18 November 2018


Forbes releases “2018 Heroes of Philanthropy,” shedding light on Asia’s leading do-gooders. In its twelfth iteration now, Forbes’ “2018 Heroes of Philanthropy” highlights entrepreneurs, executives, and celebrities who have made considerable philanthropic contributions in the previous year. With a total of seven representatives on the 40-member list, India and China have produced the highest number of “heroes,” while Singapore, Korea, Taiwan, and Australia follow with three to four members each.

Elderly couple in Korea donates millions to Korea University to fund scholarships for students in need. Kim Yeong-seok and Yang Young-ae have decided to make a property donation worth ₩40 billion (US$35.3 million) to Korea University for funding need-based scholarships. After the announcement of their donation, many expressed their concern over whether the university might misuse the funds for its own gains, but university officials clearly stated that they will make sure the money goes to students in need. “All the income from the building will be used to give scholarships to students in need. We all know how hard it was for the couple to accumulate such wealth, which is why we will make sure that no penny goes to waste,” said Yoo Byung-hyun, vice president for development, external affairs, and capital planning at Korea University.

Singaporean university gets SG$4 million gift from late philanthropic couple. Nanyang Technological University (NTU) in Singapore is the latest institution to benefit from a late elderly couple who had donated millions of dollars to several charitable causes. The SG$4 million (approximately US$2.9 million) gift will help fund NTU’s development of teachers, with the introduction of scholarships for master’s degrees and grants for trainee teachers at the university’s National Institute of Education. The scholarships will be named after the couple: Mr. Ong Tiong Tat, 74, who died in 2013, and Madam Irene Tan Liang Kheng, 73, who died in 2016.


Trust deficit to blame for the slow growth of Indonesia’s social sector. Billionaires in Indonesia continue to enjoy enormous growth in wealth in spite of economic downturns, but philanthropy, on the other hand, has not taken off, highlighted Ruth Shapiro, founder, and chief executive of CAPS. According to Shapiro, who spoke as a panelist at the Indonesia Philanthropy Festival, the trust deficit between givers and charitable organizations is primarily to blame. Unlike the private sector, the entire charitable sector is painted as corrupt in the wake of major public scandals, and a lack of purported transparency can often reflect capacity constraints and not actual corruption. Shapiro also stated that Indonesia’s unsupportive regulatory environment is an additional impediment.


Pakistani nonprofits face funding squeeze and delays in approvals as state paranoia peaks. According to the author, the Pakistani government, in its recent condemnation of the entire social sector, has failed to differentiate between legitimate social service providers and those involved in terrorism financing. For the government, nonprofits are increasingly viewed as fronts for international “agents” with “ulterior” motives. The ensuing clampdown has involved making it difficult for charities to access financing and to obtain government approvals for projects. This article paints a bleak picture for Pakistan and its social sector, as this tightening slows the country’s progress in core development areas such as education and health.


The Business Times releases “Champions of Good 2018.” Through a seven-part series, The Business Times spotlights best practices in volunteering and philanthropy from Singapore. Some of the areas covered by this wide-ranging series include CSR programs which tap into companies’ skills and resources to drive change and impact measurement as a tool to learn and refine social work. Across these seven articles, a myriad of organizations—mostly corporate, as well as nonprofits—are studied and showcased as role-model examples of doing good.

UNIQLO partners with International Rescue Committee (IRC) and Sesame Workshop to support refugees. Under this proposed partnership, customers at UNIQLO outlets will be able to shop for “Cards for Hope,” which are special greeting cards that feature artwork by Syrian refugee children in Lebanon. All proceeds will be channeled towards the Sesame Workshop and IRC’s early childhood development programs in Iraq, Jordan, Lebanon, and Syria. Promotional campaigns seeking to raise awareness of the grave humanitarian crises surrounding refugees will also be conducted through drawing workshops at UNIQLO outlets participated by elementary school groups and Sesame Street characters.


Alipay launches “Social Innovation Challenge” in partnership with the National University of Singapore (NUS) Enterprise. The initiative seeks to attract, promote, and support digital technology innovations geared towards social good in Southeast Asia. As part of the challenge, individual innovators and entrepreneurs will receive up to SG$50,000 (approximately US$36,000), as well as a complete suite of support services from mentoring to acquiring access to potential investors. Ant Financial, the parent company of Alipay, and NUS Enterprise, the entrepreneurial arm of one of Asia’s leading universities, have committed in a joint effort to tap into their rich networks and share their resources in order to support aspiring entrepreneurs focused on creating positive social impact. 

Hong Kong Tatler lists five impact funds and ventures that contribute to social well-being. First, on the list, The Rise Fund was setup by TPG, the world’s biggest private equity firm. The fund is worth US$2 billion and makes investments in areas such as education, healthcare, and energy. Hong Kong Tatler also features a sustainable rubber plantation in Indonesia worth US$95 million and owned by Michelin and Indonesia’s Barito Group. Responsible meat producers such as Impossible Foods and companies in the electric vehicle sector also made the cut.


Japanese teen volunteers and funds library in Cambodia. Miyu Ozawa, now 16, saved every New Year’s gift money and decided to use the collected funds for a good cause. Having spent her spring vacation following her graduation from junior high school, she worked as a volunteer on a 10-day tour in Cambodia, where she helped with classes at a primary school. After returning to Japan, Ozawa began thinking about building a library in Cambodia because it appeared that while the country had schools, it did not have enough teachers or teaching materials. “Books will give you a first step for studying on your own,” said Ozawa.


Arrest of fake Chinese monk in Myanmar highlights the increase in sham begging. Ashin Dhamma Rakhita, associated with the Guan Yin San Tart Pain Temple in Yangon, Myanmar, has stated and clarified that monks do not and should not engage in commercial activities or ask for donations. In recent days, individuals in the garb of monks have appeared in markets, schools, and restaurants in Yangon, publicly asking for donations and selling beads. Videos on social media of their activities have also been doing the rounds. As a result, authorities have arrested one such trickster, while a few have returned to China.

Who’s Doing Good?

15 October 2018 - 21 October 2018


Chinese Americans’ contributions to and role in the United States philanthropic landscape grow. The article mentions recent trends in philanthropic giving among high-net-worth Chinese Americans and features individual philanthropists as case studies. From the Huntington Library’s Chinese garden, which received gifts of US$10,000 or more from 400 Chinese American families and those of US$1 million or more from 20 Chinese American individuals, to a 418% increase in the number of Chinese American foundations between 2000 and 2014, Chinese American philanthropy is clearly shown to be on the rise. In recent days, Chinese American philanthropists have adopted new innovations in giving, including impact investing, as well as giving back more to their home countries. “Chinese Americans are now proud of ascendant China and want to support the institutions that make it both in education and culturally a powerhouse,” said Randy Shulman, vice president for advancement at the Huntington Library.


“Getting the Best Possible Failures in Philanthropy: What constitutes ‘good’ failures in philanthropy, and how can we have more of them?” In this article, Jen Ford Reedy, president of the Bush Foundation, suggests that “not all failures are created equal” and that there needs to be another element added to our standard practice in philanthropy: “failure optimization planning.” In other words, “how can we design our strategies so that if they do fail, they will be good failures?” Three ways that a failure can be “good” include: “1) contribute knowledge to the field, 2) have a significant, positive, but unintended consequence, or 3) increase the capacity of all involved to try other approaches.”

Making bequests to nonprofit organizations rise in Japan as a new way of giving back to society. The recent trend appears to be fueled by the growing number of people living alone and heightened interest in preparations for the end of one’s life. It is also important to consider the fact that in Japan if there is no one to inherit an estate, it goes into the state coffers, so it has naturally become more popular among aged individuals living alone to consider giving back to charities of their choice. The potential for bequests is expected to be greater and greater, as time passes. According to the Cabinet Office, there were about 5.9 million households in which a person aged 65 or older lived alone in 2015. The figure is estimated to reach about 7.6 million in 2035.


Aid to 11 million at risk as Pakistani intelligence force 18 charities to close operations. Amidst the Pakistani government’s recent decision to inform 18 foreign nonprofit organizations to close down their operations in the country, it has been claimed that Pakistan risks losing at least £100 million (approximately US$130.6 million) worth of aid for 11 million citizens in need. The expelled organizations also directly employ more than 1,100 staff in Pakistan. According to the article, it is thought that Prime Minister Imran Khan’s government made the decision under pressure from Pakistan’s powerful military spy agency which has accused foreign aid organizations of being a front for espionage. “We are deeply saddened by the government decision and extremely concerned about the impact it will have on communities, particularly hundreds of thousands of children the organization is currently supporting, as well as our own staff—who are all Pakistani nationals,” said a spokeswoman for Plan International.


JD.com’s green initiative for sustainable consumption. JD.com, China’s largest retailer, the World Wide Fund for Nature (WWF), and The China Children and Teenagers’ Fund (CCTF) are partnering to launch a second annual Green Planet-Sustainable Week, raising awareness about sustainable consumption in China. JD.com plans to promote reusable shopping bags created from the fabric of discarded apparel in response to a call from the WWF to reduce pollution caused by plastics. Customers will also be able to trade in major appliances for recycling by third-party companies through JD.com’s platform. “The spectacular rise of Chinese consumption has been a major force behind the country’s incredible economic story, but has also contributed to unprecedented environmental challenges,” said Zhonghao Jin, head of market practice at WWF China. He believes this week’s activities will help “raise consumer awareness and accelerate the mainstreaming of sustainable consumption.” 


A skincare social enterprise is changing the lives of women and girls in rural India. Anju Rupal, the founder of the ethically minded, charitably driven beauty brand Abhati Suisse, is an “aesthetic activist.” Before launching her company, Rupal helped run a shelter for victims of domestic violence, founded a children’s clinic in Switzerland, and created a reforestation nonprofit. During her time at the reforestation nonprofit, she identified a business opportunity to produce organic beauty items that would also help address the issue of gender inequality in India. Working with the beauty industry’s top chemists in Switzerland, Abhati Suisse utilizes locally harvested ingredients from India to produce organic beauty products, whose sales are then used to help send women and girls in India to schools. To date, Abhati Suisse has helped more than 120,000 girls.

Unilever Philippines combines e-commerce and philanthropy to help children in need. Initiated by Unilever Philippines, Shop2Give is a one-day shopping event on Lazada. On this special day of giving back to society, product illustrations on the e-commerce platform were changed into quirky illustrations reminiscent of children’s doodles, and every purchase went towards Shop2Give’s beneficiaries, which was further matched by Unilever Philippines as a donation to UNICEF.

Indian Prime Minister to unveil a CSR portal on October 24, 2018. Prime Minister Narendra Modi will unveil a portal for CSR and volunteering in an ambitious bid to consolidate such efforts to maximize their effect and help boost the government’s initiatives. The Ministry of Electronics and Information Technology is making hectic preparations for the launch of the portal, which is being developed by MyGov and will host CSR activities that have already been kicked off. The idea is to create a resource pool and find a way to “harmonize efforts,” not just across companies, but also to “align” them with the priorities of the government in areas such as the Skill India, Digital Literacy, Financial Inclusion, and Swachh Bharat campaigns, said a person aware of the development.


Korean nonprofit head leads volunteer activity in Vietnam for 12 years. Global Friends began its volunteer work in 2006 to help bereaved family members of the Vietnamese War. Choi Kyou-take, founder of this organization, has since led volunteer medical services, offered scholarships, and donated personal computers to rural communities in Vietnam. “Global Friends isn’t a large charity group, but has conducted volunteer activity for more than 10 years in the Southeast Asian country, Choi told The Korea Times, adding, “Not many charity groups in Korea volunteer in a certain country for more than 10 years.”


Former Deputy Prime Minister of Malaysia claims trial to 45 charges. The Malaysian Anti-Corruption Commission (MACC) has arrested Ahmad Zahid Hamidi and carried out investigations over alleged abuse of funds linked to his family-run foundation, Yayasan Akalbudi, as well as another probe related to 1MDB over a meeting with a member of the Saudi Arabian royal family. Zahid claimed trial on October 19 to 45 charges of criminal breach of trust, abuse of power, and money laundering involving some RM114 million (approximately US$27.4 million). One of the charges is believed to be related to claims that RM800,000 of funds from Zahid’s charity had been used to pay for his and his wife’s credit card bills between 2014 and 2015.

British government to fund a global register of sex offenders in the charitable sector. Following the Oxfam abuse scandal, where volunteers sexually exploited victims of the Haiti earthquake in 2010, the British government has announced its decision to launch a global register of suspected sexual predators to crack down on abuse in the foreign aid sector. Named “Soteria” after the Greek goddess of protection, the register will be funded by £2 million (approximately US$2.6 million) of British aid money. The five-year program will operate from two hubs in Africa and Asia and allow charities to check the criminal records of existing and future employees. Interpol, the Association of Chief Police Officers’ Criminal Records Office, and the Department for International Development will work together on the database, which will issue international alerts if someone is deemed to be a threat to public safety.

Who’s Doing Good?

1 October 2018 - 7 October 2018


China’s first female paratrooper donates life savings to hometown. Ma Xu, 83, participated in the Korean War in 1950 and then trained as a military doctor. She then joined the then newly formed Chinese airborne troops in 1961 as a medical supporter, after which she was trained as the country’s first female paratrooper. Throughout her career, she was honored with several medals and made several records, including becoming the country’s first female paratrooper, a female paratrooper with the most parachute jumps, and the oldest female paratrooper to parachute. Since retiring, she has set her mind to donate over 10 million yuan (US$1.5 million) to Mulan County for educational, cultural, and charitable purposes.

American family foundation pledges US$5 million to disaster relief, including Asia. The Micky and Madeleine Arison Family Foundation, based in the United States, has pledged US$5 million to support disaster relief efforts in North and South Carolina, the Philippines, and Indonesia. The donation will be immediately made to Save the Children and Direct Relief to support the most timely and urgent relief needs, as well as the long-term recovery strategy.


Forbes’ new 400 ranking methodology to now include philanthropy score. For the first time, Forbes 400 members (American) will be ranked not only on their total wealth and on how self-made they are, but also on their philanthropic generosity. The philanthropy score will be on a scale of 1 to 5, with 5 being the most philanthropic. For those whom Forbes was not able to find any information of charitable giving, they received an N.A. (not available). To come up with the scores, Forbes journalists estimated each list member’s total lifetime giving and looked at what percent of their fortune they had given away. Some individuals were then bumped up or down based on other factors such as whether they had signed the Giving Pledge, whether they had pledged significant donations, how personally involved they were in their charitable giving, and how quickly and effectively their private foundations distributed funds.

Two university professors discuss why charities are accepting increasing amounts of Bitcoin. In this article, Philip Hackney, Associate Professor of Law at the University of Pittsburgh, and Brian Mittendorf, Professor of Accounting at The Ohio State University, discuss why nonprofit organizations in the United States have begun to accept increasing amounts of Bitcoin and other forms of cryptocurrency, as well as addressing other relevant issues and implications. Most notably, the two scholars emphasize the tax benefits that come with donating appreciating non-cash financial assets that may cost governments more in tax deductions than it raises in actual donations.


Singapore Red Cross and Mercy Relief launch fundraising appeals. The Singapore Red Cross (SRC) and Mercy Relief, Singapore’s homegrown humanitarian nonprofit organization, are making fundraising appeals to the public to aid the victims of the earthquake and tsunami that recently struck Central Sulawesi, Indonesia. The SRC has pledged SG$50,000 (approximately US$36,000) in humanitarian aid to support affected communities. The SRC and Mercy Relief are also planning to send an advance response team to conduct ground assessments and support the Indonesian Red Cross Society and to distribute relief supplies to displaced families.

Pakistani government orders international nonprofits to end their operations and leave the country within 60 days. ActionAid, one of the 18 charities affected, said the move was part of a “worrying escalation of recent attacks on civil society” in Pakistan. Since the 2011 discovery of a fake vaccination program run by the Central Intelligence Agency aiming to track down Osama bin Laden, nonprofits have been viewed with suspicion and wary by the country’s intelligence services. ActionAid and other international nonprofits were similarly ordered to leave the country at the end of last year in 2017 but were allowed to stay upon appeal and following pressure from Western governments. For the recent order, subsequent appeals have been unsuccessful.


Korean firms offer aid for earthquake-hit Indonesia. Joining international efforts to help rebuild Indonesia after the earthquake and tsunami that hit Sulawesi, Indonesia, a group of Korean businesses have offered to make donations to support relief efforts. Most recently, Hyundai Motor Group and KT&G Corporation said it will donate US$500,000 and US$88,700, respectively. Other donations include a US$199,000 donation from the retail conglomerate Lotte and a US$300,000 donation from the SK Group.

Apple donates US$1 million to disaster relief efforts in Indonesia. To support relief efforts after the devastating 7.5-magnitude earthquake and subsequent tsunami in Sulawesi, Indonesia, Apple announced its donation of US$1 million. On October 2, 2018, Apple CEO Tim Cook stated in his tweet, “Our hearts go out to the people of Sulawesi and all of Indonesia after this weekend’s devastating earthquake and tsunami. Apple is donating $1 million to aid relief efforts as this beautiful country starts to rebuild.” 


Southeast Asia found to be the top destination for impact investments. Southeast Asia has seen a significant increase in impact investments in recent years, according to the Global Impact Investing Network (GIIN). Private impact investors—fund managers, family offices, pension funds, and other types of private capital—poured nearly US$1 billion into the region from 2007 to 2017, while development finance institutions deployed US$11.2 billion. Indonesia, the Philippines, and Vietnam were the three largest markets in the region, having attracted 60% of the capital deployed. A key theme in the region is poverty alleviation. “In many countries in the region, large swathes of the population live below the poverty line. So, the provision of basic services, such as clean energy, affordable housing, healthcare, and financial services, is a core focus of impact investors,” said GIIN’s director of research Abhilash Mudaliar.

Singaporean private bank focuses on environmental, social, and governance (ESG) investing to win over Asia’s next-generation clients. According to Marc Lansonneur, Managing Director and Head of Managed Solutions, Balance Sheet Products and Investment Governance in the Wealth Management group, DBS Bank is increasingly providing ESG investing solutions and services to its current and future next-generation high-net-worth clients, who are expressing interest in this form of investing. In fact, Lansonneur stated that DBS has assembled considerable evidence that companies that perform well in ESG tend to also show higher profitability, higher dividend yield, and lower idiosyncratic tail risks, demonstrating that doing good can lead to doing well financially.


On Children’s Day, Singaporean children do good for one another. “Children for Children” is a day of giving and doing good by children for children. It is an annual fundraising and charity event jointly organized by The Business Times, CHIJ (Kellock), and The Rice Company Ltd. Since 2008, it has brought more than 10,000 children under the Ministry of Education’s financial assistance scheme to various iconic destinations throughout the city. This year, 1,000 children benefited from the program, and a total of SG$337,793 (approximately US$243,000) was raised. Shuanne Seah, 10, who was part of the musical’s choir, said, “We’re doing this for a cause, so all the effort is worth it. We want to use our gifts to help others achieve their dreams.”


“Voluntourism and the white savior complex: travelers may be doing more harm than good.” Mercedes Hutton, the article’s author, argues for a different perspective on the increasingly popular trend of “voluntourism,” a form of traveling to other countries and communities in need for volunteer work. Although the seemingly more hands-on voluntourism may appear to be better than “slacktivism,” supporting a cause without moving from the comfort of the couch, Hutton claims that there are challenges, weaknesses, and gaps in this form of doing good. For example, in regards to the popular package of traveling to orphanages in developing economies, the author cites The Guardian to point out that “there is no such thing as a ‘good’ orphanage,” suggesting that children simply do best by being in a family instead of staying at an orphanage. Another point pertains to the lack of qualified individuals who usually partake in these kinds of programs and packages, with most of them being pre-college gap-year high school students and fresh college graduates. Perhaps, from the author’s standpoint, donating on one’s couch at home, yet doing so more deliberately and strategically, may be more efficient than rolling up one’s sleeves to do volunteering for those in need.

Who’s Doing Good?

13 August 2018 - 19 August 2018


United Arab Emirates-based Indian-origin tycoons pledge Rs 12.5 crore for Kerala flood victims. Nearly 200 people have been killed in Kerala since August 8 due to floods caused by rains and landslides. Indian-origin businessmen from the United Arab Emirates have sworn to do their bit by donating money. Born in Kerala, Yusuff Ali M.A., chairman and managing director of Lulu Group, has announced a Rs 5 crore (approximately US$717,600) donation. K.P. Hussain, chairman of Fathima Healthcare Group, has donated the same amount. Additionally, Hussain said that his group has coordinated with the state’s health secretary to send volunteers from its medical faculty.


Malays have done well, but more can volunteer, says Prime Minister Lee Hsien Loong. In his speech at the National Day Rally, Prime Minister Lee said that while Malays in Singapore have taken great strides to build a strong culture of self-reliance and cooperation, more can step forward to volunteer with community groups. He added that by volunteering more, Malays can make more progress in tackling challenges faced by the community, including getting more children to attend pre-school, empowering and mentoring youth, and supporting those left behind because of drugs or social problems.

Cost is a concern for seniors who want to “age in place.” The Lien Foundation’s study found that the elderly in Singapore are “aging in place” with home and center-based care services rather than nursing homes. However, these services are far more expensive with costs going up to SG$3,100 (approximately US$2,260) to look after a disabled senior at home, as opposed to the median full cost of SG$2,400 (approximately US$1,749) for looking after the same person in a nursing home. The study also found that the demand for center-based services has exceeded its capacity with the Ministry of Health spending close to SG$800 million (approximately US$583 million) on long-term care in 2016


China’s Red Cross donates mobile clinics and ambulances to Syria. The Red Cross Society of China donated two bus-turned mobile medical clinics and two ambulances to Syria’s Arab Red Crescent. Wang Qinglei, the representative of Beiqi Foton Motor, the company that took part in the funding of the donation under China’s Red Cross, said the mobile clinics are equipped with X-ray machines, ultrasound scanner, defibrillator, distance diagnosis, and treatment system. The donation by Beiqi Foto Motor is estimated at 6 million yuan (approximately US$900,000). Following the delivery of the donated clinics and ambulances, Chinese engineers and technicians also trained their Syrian counterparts to operate the equipment and do the maintenance work.


Five impressive CSR initiatives for Pakistan’s Independence Day celebrations. As a way of celebrating the country’s Independence Day on August 14, various companies have hosted CSR projects and initiatives. Ranging from paper shopping bags embedded with seeds that can be planted after use by customers to promoting diversity across the country, the article features five innovative cases of CSR projects and initiatives.


Indian startup digs into data to make small farms smarter and says transparency can solve mismatch of poor growers and starving people. MyCrop Technologies has produced a mobile application that it says can help raise agricultural productivity in Asia and beyond, benefiting both farmers and consumers. The application uses big data, artificial intelligence, and machine learning to provide insights on how to increase yields, the best crops for a given type of soil, and the timing on when to grow them. The service is free for farmers to use, as MyCrop charges a fee to fertilizer companies and financial institutions for the data that it accumulates and shares and as it also receives a significant amount of government funding.


Samsung Electronics employees volunteer to support overseas startups. Since 2010, Samsung Electronics has been assisting startups in Indonesia, Malaysia, India, and South Africa with pricing strategy, market research, and planning. On August 13, the Korean conglomerate conducted intensive training for its startup accelerating program with the International Information Technology Graduate School in Bangalore, India, as part of its volunteer service work. The company mentored around 20 new venture startups over the last two months.


Jackie Chan criticized online for giving 50,000 copies of his autobiography to disability charity. The Chinese public has been questioning Hong Kong martial arts celebrity Jackie Chan’s donation of 50,000 copies of his autobiography to the China Disabled Persons’ Federation. One Weibo user commented, “If you were disabled and still rose to fame, I’d acknowledge that; but stuff like this where you’re bragging about yourself, how is this related to people with disabilities? Shameful!” According to the announcement of the donation made by the Beijing-based charity, Chan hopes “the stories and life experience in the book can bring pleasure and inspiration to people with disabilities.”

How Can Asia Boost Philanthropy?

AsiaGlobal Online

Wealth in Asia is growing rapidly, but philanthropy has not kept pace. Governments should improve regulation and change tax and fiscal policies to make it easier for Asians and corporations to give in a systematic way. They should also ensure donations can efficiently reach organizations working to meet society’s needs.

This article looks at how the Doing Good Index can help governments improve regulations and policies relevant to the philanthropic and charitable sectors by identifying the levers that best enhance local philanthropy across 15 Asian economies.

This article was first published in AsiaGlobal Online.