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90 year-old Madam Quah, who is visually handicapped, lives alone in a rental flat in Toa Payoh. Social workers from Care Corner Singapore visit her regularly to help attend to her needs. When we visited her with gifts of masks, health supplements, hand wash and sanitiser, she asked many good questions including how often she should take her vitamin C. There were hilarious moments when she tried to put on a mask, but she sees the importance of keeping safe – especially during the current COVID-19 situation. Through close dialogue with our charity partners, we learned that some are short of food supplies for their beneficiaries due to a dip in corporate volunteer support. Our partners also see the need to clean their premises more frequently and provide health supplements and cleaning items to needy families. This week, we will extend S$110,000 to support 3,280 individuals – providing food packages, vitamins and cleaning kits and more frequent cleaning at centres and homes.
To understand how we can better support our SME customers during these trying times, we have reached out to more than 600 of them in the last few weeks. Disruptions to the supply chain were a key concern for some so we have been busy helping to connect them to suppliers outside China - particularly in the healthcare sector where supplies such as masks and disinfectants are running low amid surging demands.
Our Executive Director of Investment Strategy, Vasu Menon, shares on CNBC how the stock markets are holding up well despite infections reaching almost 70,000 globally. No need for the panic button.
We are very proud to partner Shwe Taung Group in delivering Myanmar's first green loan which will be used for the financing of Junction City Shopping Centre in downtown Yangon. This is a landmark transaction for Myanmar, signalling an important shift towards sustainability at a crucial stage of its economic development.
Let’s celebrate the Lunar New Year with each other, and the elements of the earth that we live on. May abundance light our way!
We are proud to support ComfortDelGro in becoming the first land transport company in Singapore to secure a green loan. The hybrid buses that are financed by the loan use 30% less fuel and emit significantly less noise when idling at and departing from stops. This green loan expands our sustainable finance portfolio to the transportation sector which is an important step towards our goal of building a S$10 billion sustainable finance portfolio by 2022.
There is a growing green finance opportunity in the Greater Bay Area and this green loan by our Hong Kong branch positions us well to capture it.
Congratulations to our Group CEO Samuel Tsien for being recognised as one of the CEOs who took the spotlight in Singapore for 2019! An increased focus on sustainability, digital transformation and investing in digital skills are just some of the reasons for this achievement.
Sustainability has gained significant traction this year as businesses are transitioning towards low-carbon and sustainability-focused business models. These businesses like us, believe that they can do well and do good at the same time, and it was these partnerships that propelled us to the top of these league tables.
