GAB Foundation contributes to local communities

GAB Foundation recently contributed more than RM50,000 towards various causes in Malaysia as part of its ongoing community enrichment initiatives. RM10,000 was donated to SJK(T) Ladang Bukit Rajah in Klang in cash and also in the form of computers. The donation is one of the Foundation’s initiatives under its Community pillar which aims to actively contribute to the development of local communities. Read more

Hello Taiwan!” Fundraising Bicycle Tour Contributes Social Responsibility

Hong Kong’s popular travel ticketing wholesaler, Lotus Tours Limited, contributes to corporate social responsibility wholeheartedly by sending care and warmth to neighbouring countries. In response to the Japanese 8.9-magnitude earthquake and tsunami on 11 March 2011, staff members of Lotus Tours hand-knitted scarves and delivered them to Japan. The scarves were distributed to victims of the tsunami via Salvation Army’s Japan Headquarters. Entire staff also visited Taiwan in December to actively engage in a fundraising bicycle tour in Taichung City to support the needy of Taiwan.   Read more

Hong Kong’s Asset Management Community Raises HK$600,000 for Children

Returns Invested in Children and Education (“RICE”), a Hong Kong and Singapore registered charity launched by Asia-based asset managers and their service providers, raised HK$600,000 in donations at the organisation’s first fundraising event in Hong Kong. Read more

Asian charities for children to benefit from RICE

Returns Invested in Children and Education (“RICE”), a Singapore‐established charity launched by Asia‐based alternative asset managers, recently announced that it has been officially registered as a Hong Kong charity. The move paves the way for RICE to begin fundraising activities in Hong Kong, which will generate donations and awareness for vital health, welfare and education projects across the region. Read more

Handing out some radical Asian philanthropy

Courtesy of Insead Knowledge, by Mrinalini Reddy

Wealthy Asian dynasties are redefining the way they share their gains with the communities that helped them prosper. A new study by INSEAD and UBS reveals for the first time shifting trends in Asian philanthropy, from obscure donations to progressive strategies. Read more

FedEx Delivers Food Essentials and Financial Aid to Flood Victims in Thailand

FedEx Express, a subsidiary of FedEx Corp. and the world’s largest express transportation company, has responded to the serious flooding in Thailand by donating US$15,000 to support the flood relief efforts, while at the same time delivering 500 survival kits (valued at 50,000 bhat) containing much-needed ready-to-eat, non-perishable food and other supplies to flood victims in Thailand. Read more

GAB Foundation Continues its Support for Education

GAB Foundation continues its commitment to education by donating RM24,000 to Yayasan Sin Chew’s ‘We-Care-Sponsor-A-Child’ Programme. The donation will go towards supporting 10 underprivileged students for one year in the form of monthly study allowance to cover their school fees, transportation cost, books and basic necessities for school. Read more

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