Singapore can be philanthropic hub for South-east Asia, says social investor network

Singapore can play a key role in facilitating the flow of philanthropic funds, given its role as a global financial hub. ST PHOTO: SHINTARO TAY
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SINGAPORE – Singapore’s status as a key financial centre could help make the country a hub for philanthropic activity in South-east Asia, according to a network of social investors in the region.

AVPN, as the network is called, has raised around US$11 million (S$15 million) from members, including family offices, foundations and policymakers, to address social and environmental challenges.

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