06 Oct '11, 3pm

Today Online reports that charitable donations in Singapore have doubled since 2004. #philanthropy #singapore #g2a

SINGAPORE - Philanthropic giving in Singapore has risen alongside an increase in wealth in Asia, with individual charitable donations here more than doubling to US$847 million (S$1.1 billion) in 2010 from US$348 million in 2004. The same is true for the average amount donated, which rose to US$263 per giver in 2010 from US$123 per giver in 2004, according to the findings of an Economist Intelligence Unit study sponsored by HSBC Private Bank. The study also found that individual giving in Singapore, which stood at 0.5 percent of gross domestic product in 2008, is still trailing behind the United States at 1.7 percent and the United Kingdom at 0.7 per cent. It was only slightly better than Hong Kong's 0.4 per cent. The report pointed to cultural, political and systemic reasons as possible explanations for why charitable donations in Asia tend to lag behind the West, citing l...

Full article: http://www.todayonline.com/Business/EDC111006-0000452/Sin...

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sg.everydayonsales.com 10 Oct '11, 3am

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catwelfare.org 06 Oct '11, 7am

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#cultural #japan

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sgcafe.com 07 Oct '11, 1am

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