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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Government Education Search Search: Firms urged not to scale back on corporate social responsibility Channel NewsAsia - Saturday, November 29 SINGAPORE : Companies may be bracing themselves for tough times ahead but that should not stop them from doing their part for society. Singapore may be facing tough times ahead, but for businesses with a social mission, such as co—ops and charity shops, the economic downturn could be a litmus test for their survival. So social entrepreneurs need to get creative. Panellists at the Global Social Innovation Forum on Friday said there is also a need to help those who want to help the community. Close to 220 guests attended the forum. The event was spearheaded by the Social Innovation Park. Meanwhile, moving forward, businesses must also recognise the need to bridge the gap between social and economic sectors. And rather than viewing the economic uncertainty as a barrier to growth, companies should use it as an opportunity for change. Dr Sarah Mavrinac was given the Social Entrepreneur of the Year award. It recognises her work in providing financial and entrepreneurship education to migrant female workers. It was given out as part of the Global Social Innovation Forum. The award, now into its third year, was jointly awarded by Social Innovation Park and Schwab Foundation. — CNA/ms Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Singapore Two special commercial flights to bring stranded S’poreans home from ThailandChannel NewsAsia - 2 hours 50 minutes ago S$1m worth of heroin seized in drug bustChannel NewsAsia - Saturday, November 29 Russian regional governor calls on SM Goh at IstanaChannel NewsAsia - Saturday, November 29 Firms urged not to scale back on corporate social responsibilityChannel NewsAsia - Saturday, November 29 Fewer dengue cases as control measures take effectChannel NewsAsia - Saturday, November 29 Enlarge Photo Firms urged not to scale back on corporate social responsibility Most Popular – Singapore Viewed US clears Bank of America deal for Merrill Lynch US president's mother 'doing very well' in hospital: Laura Bush Love handles increase death risk: study Obama vows 'help is on the way' for the economy Michael Jackson strikes 'amicable' deal with Arab sheikh View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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