New volunteering scheme for firms launched as businesses with social impact keep Singapore’s edge: David Neo

VolunteerInc hopes to make it easier and more impactful for businesses of all sizes to volunteer their time and skills, he said. It will reduce constraints by connecting businesses and volunteer opportunities tailored to size, interests and capabilities. 

Mr Neo said SBF has partnered with more than 50 businesses and deployed 500 employees to volunteer in the community over the past nine months, while more than 120 businesses have indicated interest.

JOB CREATION AND SKILLS

Creating quality jobs is also a way for businesses to drive social change, helping workers thrive as the nature of work changes, said Mr Neo.

“A good job isn’t just a good paycheque. It is a pathway to dignity, stability, and social mobility,” he said.

Businesses that invest in fair wages, skills development and inclusive hiring help ensure Singapore’s progress is shared by all. That builds a stronger, more cohesive Singapore, and provides a stronger environment for businesses, he added.

Noting that AI is reshaping work, Mr Neo said Singapore must find a strategy that makes sense for workers and businesses.

“This means investing in and deploying AI in ways that amplify the value of our human capabilities – such as judgment, relationships and trust, and investing where AI can open up new horizons, new roles and new career opportunities,” he said.