HSBC, Cigna are among companies pledging to raise their contributions to social welfare causes next year.
The main conceptual idea of the article is that the Hong Kong economy's downturn is significantly impacting charitable donations.
The Community Chest, a major fund-raiser for social welfare causes in Hong Kong, is facing a deficit because corporations and individuals are giving less due to economic uncertainty and a cutback in corporate social responsibility spending.
The main conceptual idea of the article is that the Hong Kong economy's downturn is significantly impacting charitable donations. The Community Chest, a major fund-raiser for social welfare causes in Hong Kong, is facing a deficit because corporations and individuals are giving less due to economic uncertainty and a cutback in corporate social responsibility spending.
