Answering the Cathay Group’s call for social empowerment, Cathay United Bank chairman Andrew Kuo recently led the bank’s Singapore branch in its first-ever partnership with HUG Community Services, a non-profit social service agency in Singapore, by hosting an intergenerational dining event at a retirement home.
Kuo was accompanied by members of the Singapore branch and representatives from five Taiwanese businesses in Singapore, providing food and comfort to elderly people and demonstrating that kindness and compassion know no borders.
“Cathay United Bank is fully committed to corporate social responsibility [CSR],” Kuo said. “By developing diverse charity action plans that promote the well-being of senior citizens and marginalized communities, we aspire to create an inclusive and equal society for all to live in peace and harmony.”
Photo courtesy of Cathay United Bank
“Working hand in hand with governments, social welfare groups and corporate partners, we hope to leverage our financial impact to establish a resilient social security network, thereby enhancing our charitable impact beyond borders,” he said.
According to the UN’s World Population Ageing report, more than 15 percent of Singapore’s population is over the age of 65. As a rapidly aging nation, establishing age-friendly communities has become increasingly important.
The bank’s Singapore branch teamed up with HUG Community Services, a non-profit charity organization that has long devoted itself to marginalized communities in Singapore, to plan an intergenerational dining event.
“The Singapore branch has consistently followed social and environmental issues,” said Winfield Wong, head of the Singapore branch. “Today’s event marks our first time inviting Taiwanese businesses to participate in a charity event for senior citizens, where we aspire to establish a more inclusive, safe and sustainable society.”
“It is our sincerest hope that today’s event may serve to inspire others to continue this cycle of generosity,” Wong said.
In addition to nearly 40 volunteers from Cathay United Bank, 24 people from Taiwanese businesses in Singapore also volunteered. The event received widespread recognition, with the Taipei Business Association in Singapore, Evergreen Marine (Asia) and Chunghwa Telecom Singapore also participating.
Attendees were given delicious handmade spring rolls and gift bags filled with daily necessities. By offering relief for families in need, Cathay United Bank aims to lead Taiwanese businesses in making a positive impact in the world.
TECH BOOST: New TSMC wafer fabs in Arizona are to dramatically improve US advanced chip production, a report by market research firm TrendForce said With Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) pouring large funds into Arizona, the US is expected to see an improvement in its status to become the second-largest maker of advanced semiconductors in 2027, Taipei-based market researcher TrendForce Corp (集邦科技) said in a report last week. TrendForce estimates the US would account for a 21 percent share in the global advanced integrated circuit (IC) production market by 2027, sharply up from the current 9 percent, as TSMC is investing US$65 billion to build three wafer fabs in Arizona, the report said. TrendForce defined the advanced chipmaking processes as the 7-nanometer process or more
Who would not want a social media audience that grows without new content? During the three years she paused production of her short do-it-yourself (DIY) farmer’s lifestyle videos, Chinese vlogger Li Ziqi (李子柒), 34, has seen her YouTube subscribers increase to 20.2 million from about 14 million. While YouTube is banned in China, her fan base there — although not the size of YouTube’s MrBeast, who has 330 million subscribers — is close to 100 million across the country’s social media platforms Douyin (抖音), Sina Weibo (新浪微博) and Xiaohongshu (小紅書). When Li finally released new videos last week — ending what has
OPEN SCIENCE: International collaboration on math and science will persevere even if the incoming Trump administration imposes strict controls, Nvidia’s CEO said Nvidia Corp CEO Jensen Huang (黃仁勳) said on Saturday that global cooperation in technology would continue even if the incoming US administration imposes stricter export controls on advanced computing products. US president-elect Donald Trump, in his first term in office, imposed restrictions on the sale of US technology to China citing national security — a policy continued under US President Joe Biden. The curbs forced Nvidia, the world’s leading maker of chips used for artificial intelligence (AI) applications, to change its product lineup in China. The US chipmaking giant last week reported record-high quarterly revenue on the back of strong AI chip
Qualcomm Inc’s interest in pursuing an acquisition of Intel Corp has cooled, people familiar with the matter said, upending what would have likely been one of the largest technology deals of all time. The complexities associated with acquiring all of Intel has made a deal less attractive to Qualcomm, said some of the people, asking not to be identified discussing confidential matters. It is always possible Qualcomm looks at pieces of Intel instead or rekindles its interest later, they added. Representatives for Qualcomm and Intel declined to comment. Qualcomm made a preliminary approach to Intel on a possible takeover, Bloomberg News and other media
RSS