Tanoto Foundation Donates S$1 million to Business China

SINGAPORE – Media OutReach – 20 December 2021 – Independent
organisation founded by Mr. and Mrs. Sukanto Tanoto, Tanoto Foundation and
Business China Singapore inked a partnership to support Singapore businesses
that are or will be operating in China. The partnership is aimed to support
Business China’s programmes with a strong focus on: business leadership development,
strengthening the talent pipeline and supporting Singapore-China relations.

From left to right: Mr Bey Soo Khiang –
Executive Advisor, Tanoto Foundation and Ms Tin Pei Ling – CEO, Business China;
Member of Parliament for MacPherson SMC.

From left to right: Mr Bey Soo Khiang – Executive Advisor, Tanoto Foundation, Ms Tin Pei
Ling – CEO, Business China; Member of Parliament for MacPherson SMC, and Dr J.
Satrijo Tanudjojo – Global CEO, Tanoto Foundation.

Tanoto Foundation is bolstering
these initiatives with a donation of S$1 million for the following five main
programmes over the next five years

  1. Distinguished Leaders Dialogue Series: Business
    flagship dialogue series, featuring Singapore’s eminent political leaders as
    speakers to share their invaluable insights on pertinent issues and trends
    related to China and ASEAN.
  2. Prominent Business Leaders Dialogue Series: Business
    China’s flagship dialogue series featuring prominent business leaders who are Business
    China’s members from diverse industries, to share perspectives, engage and
    foster deeper links among members.
  3. Advanced Leaders Programme: participants,
    including high potential public officers, Young Business Leaders and next
    generation business leaders from Singapore and China, attend classes and visit
    companies in Singapore and China for an experiential learning journey.
  4. Advanced Leaders Programme Alumni Engagement
    by Business China Advanced Leaders
    Alumni Club Executive Committee.
  5. The Youth Interns Exchange Scheme: A
    scholarship scheme awarded by Tanoto Foundation to students who are placed on
    the scheme and via internship placements in China.

Business China CEO Ms Tin Pei Ling
said: “We are grateful to the Tanoto Foundation for its donation of S$1 million
to Business China over the next five years. Their generosity will go a long way
in supporting our efforts to cultivate new generations of bilingual and
bicultural Singaporeans. Business China will also continue to work closely with
strategic partners to offer premium opportunities and platforms for learning
and collaboration so as to cultivate Singapore-China-savvy talents, build
networks and deepen relations to catalyse future bilateral cooperation.”


Mr Bey Soo Khiang, Executive Advisor
at Tanoto Foundation said: “At the heart of what we do is to improve people’s lives is through knowledge and education.
Business China is an excellent platform that enables current and future business
leaders to share knowledge, learnings and experiences through its curated
programmes. It is timely for Tanoto Foundation to provide an extra boost to
these initiatives during a time when Singapore businesses and their leaders are
looking to rebuild from the impact of COVID-19.”


With operations in Indonesia, China and Singapore,
Tanoto Foundation focuses on three main pillars namely: 1) leveraging
education to accelerate equal opportunities, 2) developing the next generation
of leaders, and 3) supporting medical research and healthcare to improve health
standards – all with a common outcome of improving lives. Tanoto Foundation’s  donation to
Business China is part of its commitment to develop future leaders across Asia.
It has designed and implemented holistic leadership development programmes for
select tertiary students in Singapore and Indonesia, and continues to support
international talent development training programmes through China’s Belt and
Road Initiative.

In Singapore, Tanoto Foundation
has partnered universities including National University of Singapore, Nanyang
Technological University and Singapore Management University to provide
scholarships through a S$7 million endowment fund. In terms of medical philanthropy,
it donated a total of S$16m in support of
medical research and initiatives including the establishment of professorships
in diabetes, oncology and cardiology research; the formation of Viral Research
and Experimental Medicine Centre with SingHealth Duke-NUS; and the launch of
the Tanoto Foundation Centre for Child and Maternal Health Programmes with KK
Women’s and Children’s Hospital to drive research in early child health and
maternal health.

Business China, a non-profit
organisation, was launched on 19 November 2007 by Singapore late Founding Prime
Minister Mr Lee Kuan Yew and then Chinese Premier Wen Jiabao. Its mission is to
nurture an inclusive bilingual and bicultural group of Singaporeans through
extensive use of the Chinese language as the medium of communication, to
sustain Singapore’s multi-cultural heritage, and to develop a cultural and
economic bridge linking the world and China. Harnessing the support of the
public sector and private enterprises, Business China aims to strengthen the
ties between Singapore and China, through a series of activities and

Comments are closed.