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SPH gives more than $6m to the needy this year (BT)

BackDec 11, 2009

DESPITE the tough economic climate, Singapore Press Holdings (SPH) has raised and given more than $6 million to the needy this year.

This includes the SPH 25th anniversary charity giving of $500,000 to the Community Chest of Singapore in October, and The Straits Times School Pocket Money Fund, which has raised over $4 million for needy students.

Other charity giving by SPH and its subsidiaries include The Business Times' Children Helping Children project, which raised $235,000 for needy children. The New Paper 'Be Yourself Day' and the Youth Talent Concert by the Chinese Newspapers Division raised over $136,000 and $116,800 respectively for the President's Star Charity.

Subsidiaries such as SPH Magazines donated about $10,000 to the Children's Cancer Foundation.

On top of this, The Straits Times and The Business Times will be holding the ChildAid concert on Dec 19, 20 and 21. The concert aims to raise $1 million for The Straits Times School Pocket Money Fund and The Business Times Budding Artists Fund - and will be the first event held at Resorts World Sentosa.

SPH chief executive Alan Chan said: 'It is SPH's corporate philosophy to give back to the community, and we have been doing so all these years. Many of our projects involve both our staff and fellow Singaporeans, so we can assist and inspire everyone to help the needy. With your support, we hope to continue contributing to the many charitable causes around us.'

SPH - through donations from its management and staff - has also donated more than $20,000 of gifts and food to the Boys' Brigade Sharity Box this year. Part of the gifts, which include microwave ovens, rice cookers and radios, were given to beneficiaries from Toa Payoh Care Corner at a year-end party organised by SPH yesterday for 100 needy elderly folk and children.

Besides giving to charity, SPH's corporate social responsibility programme also involves supporting the arts, education, wildlife conservation and sports, among other causes.