Richard Eu

🌏💡 We’re building a trusted, high-impact single family office (SFO) ecosystem and channeling more of that capital to philanthropy. 🇸🇬 We now have > 2,000 SFOs — a 10x jump in five years. And we’re seeing it translate into real giving. Total giving hit S$431m in 2023, almost 2X the year before. This didn’t happen by chance. We made deliberate moves in this space, thanks to our many partners who have given me and my colleagues valuable feedback over the years. At MAS, we’ve strengthened our SFO framework and introduced tools like the Philanthropy Tax Incentive Scheme (PTIS) and the Overseas Humanitarian Assistance Tax Deduction Scheme (OHATDS). Together, these allow family offices and donors to channel support locally, and to humanitarian and charitable causes overseas — through qualified intermediaries — with meaningful tax benefits. We’ve also partnered the Community Foundation of Singapore and AVPN so SFOs and families can give with confidence — via donor-advised funds, outcomes-based approaches and vetted opportunities. Platforms like ImpactSG - Gateway to Giving and AVPN’s ImpactCollab (supported by MAS) also help match funders to credible causes, speeding up due diligence and amplifying impact. We will continue to work hard to keep make Singapore Asia’s philanthropy hub. Monetary Authority of Singapore (MAS) 📸: The Straits Times

198

8 Comments

At the Singapore Institute of Directors conference, Minister Hong Tat Chee encouraged board directors to be catalysts for value creation, transforming their companies and unlocking the shareholder value that lies within Singapore's corporate sector. He outlined three areas that can help companies unlock value: 1️⃣ Capabilities development - going beyond financial management, skills to include corporate strategy, capital optimisation, investor engagement, and media outreach 2️⃣ Communication - helping others to understand what we can deliver and what value will be created 3️⃣ Communities - having networks that help foster peer learning and knowledge exchange Grateful to Minister Chee for acknowledging that “𝗦𝗜𝗗 𝗵𝗮𝘀 𝗯𝗲𝗲𝗻 𝗮 𝘀𝘁𝗿𝗼𝗻𝗴 𝗮𝗱𝘃𝗼𝗰𝗮𝘁𝗲 𝗼𝘃𝗲𝗿 𝘁𝗵𝗲 𝘆𝗲𝗮𝗿𝘀 𝗳𝗼𝗿 𝗰𝗼𝗻𝘁𝗶𝗻𝘂𝗼𝘂𝘀 𝗹𝗲𝗮𝗿𝗻𝗶𝗻𝗴, 𝗮𝗻𝗱 𝗱𝗶𝗿𝗲𝗰𝘁𝗼𝗿 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁, 𝗮𝗻𝗱 𝘁𝗵𝗲𝗿𝗲 𝗮𝗿𝗲 𝘃𝗮𝗿𝗶𝗼𝘂𝘀 𝗽𝗿𝗼𝗴𝗿𝗮𝗺𝗺𝗲𝘀 𝘁𝗵𝗮𝘁 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗰𝗮𝗻 𝗰𝗼𝗻𝘀𝗶𝗱𝗲𝗿 𝗳𝗼𝗿 𝘆𝗼𝘂𝗿 𝗹𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽 𝘁𝗲𝗮𝗺𝘀.” He not only leveraged the conference to share some exciting plans by SGX Group to support companies in communicating their value including the launch of a new index that tracks companies beyond the Straits Times Index (STI), as part of its efforts to showcase Singapore’s broader equity market as well as Monetary Authority of Singapore (MAS)’s plans to work closely with SID to support the development of essential skills. Minister also shared that SID will be launching a chairperson guild. Supported by MAS and SGX, this programme will bring together the board chairs of listed companies to build a micro community for learning and mutual support. Huge thanks to our colleagues at MAS for working behind the scenes with us to facilitate the messages and announcements. 👉 Read Minister’s speech here: https://lnkd.in/g_tSuUSk 📺 Thank you CNA for covering the conference and the opportunity for me to share how SID is supporting the national effort to strengthen our equities market. View the news clip here: https://lnkd.in/g2CnABN7

243

3 Comments

Heart failure is one of the leading health challenges in Asia Pacific, demanding stronger policies, better care models, and collaborative action across the healthcare ecosystem.   Recognising this need, Deloitte and Asia-Pacific Cardiovascular Disease Alliance worked on a white paper titled “Improving heart failure policy and management in Asia Pacific: Opportunities for impact” which explores how heart failure policies and care models can be strengthened across eight Asia Pacific territories.   On 8 October, we will be co-hosting a webinar with Asia-Pacific Cardiovascular Disease Alliance which will be moderated by Deloitte Life Sciences and Health Care experts Kavita Rekhraj and Yongho Yi (이용호). Attendees will hear from industry professionals who hold key leadership roles across cardiology, heart failure management, and healthcare - Dr. N. Krishna Reddy, Prof. Chung-Lieh Hung, and Prof. Koichiro Kinugawa. Seize the opportunity to explore the following:   Policy gaps and opportunities in the region Advances in clinical management and healthcare delivery Strategies to strengthen collaboration between healthcare providers, policymakers, and industry leaders   Register now: https://lnkd.in/gfrMUDVK   Learn more about Deloitte Life Sciences & Healthcare services here : https://lnkd.in/gCFHTdJy

366

2 Comments

AVPN is advancing Asian leadership for an inclusive world. On our panel, “How Funders Can Unlock Asia’s Capital for Inclusive Growth,” I made the case for a Wholistic Wellbeing lens built on eight pillars that work together: physical health, emotional balance, spiritual connection, financial intelligence, professional purpose, social interconnectedness, community service, and planetary care.   Why this lens matters: single-issue fixes stall; integrated efforts compound. A school initiative, for example, moves faster when nutrition and mental health are addressed alongside teacher development, family support, and green campuses. A livelihoods program is stronger when capital is paired with financial literacy, peer networks, and climate resilience.   The ask to funders and operators: align capital and programs to these pillars upfront, measure across them, and collaborate rather than duplicate. If you’re committed to inclusive growth in Asia, let’s compare notes and build pillar-aligned coalitions that deliver durable results.

88

1 Comment