Corporations in Singapore doing more to support the arts
From creating art prizes to bringing in blockbuster shows, corporations are doing their part to nurture the arts, but there are still challenges.
Published on Apr 15, 2014 11:47 AM
Earlier this month, DBS Bank made what is the largest single donation by a corporation to the arts, giving $25 million to the National Gallery Singapore.
What is less well-known is that it took a year of negotiations before the champagne could be popped.
That was the case too for another major cash donation - the $12 million given by Keppel Corporation to the gallery, slated to open in November next year after the refurbishment of the historic City Hall and former Supreme Court buildings is completed.
Mr Kola Luu, the gallery's director of business and corporate strategic development, says while corporate sponsors are now coming forward in a bigger way for the visual arts, some challenges remain.
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"As Singapore matures, I find there is greater appreciation of our own arts heritage. We want to understand our own art history and contribute to it."
Mr Kola Luu, National Gallery Singapore's director of business and corporate strategic development, on corporations giving more to the arts