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India’s new CSR law – Will mandating corporate charity work?

With the implementation of the Companies Act 2013 earlier this year, the Indian government has made history by requiring eligible Indian businesses to “turn CSR from voluntary activities to mandated responsibilities”. Will this succeed in boosting the non-profit sector without hobbling economic competitiveness? And will it set an example for the world to follow? CSR in India The term Corporate Social Responsibility (CSR) came into common usage in the early 1970s. The 20th century witnessed a shift in focus of global CSR from traditional philanthropy – giving out donations – towards more direct and sustained engagement by business in both broad-based and cause-specific interventions. In India, CSR has traditionally been an activity that was performed in a perfunctory manner, but not deliberated. Although India’s CSR still remains within the philanthropic space, its focus has shifted to institutional building (educational, research and cultural) with the aim of lifting communi

The Indonesian Elections – Will it change the business landscape?

Since 1998, Indonesia has become one of the most dynamic and successful democracies in Southeast Asia today. Though it has navigated the global financial crises of the past five years relatively unscathed, infrastructure bottlenecks and regulatory hurdles have held back the country’s economic potential. How will the upcoming parliamentary and presidential elections impact the Indonesian economy and the companies operating in it? Indonesia may become the world’s 7th largest economy by 2030. A growing young population, bountiful natural resources along with an expanding consumer base will help sustain growth. Indonesia’s 2014 elections have been touted by some observers as the country’s most important since 1955. What is at stake? 1. Economic growth Elections do have the ability to kick-start growth by boosting business and consumer confidence in ways that defy normal economic calculations. Witness the surge in confidence that accompanied the election victory of Japan

Spire Malaysia invited as guest panellist to assess students at Universiti Kuala Lumpur Business School

Spire Malaysia was invited to Universiti Kuala Lumpur Business School – one of Malaysia’s leading technical universities – as a guest panellist to evaluate a social entrepreneurship pitching session by students held on 8 December. Yap Far Loon, Business Development Director, Telecommunications of Spire Research and Consulting attended the session. Spire Malaysia had the pleasure to evaluate business pitches by university students based on social entrepreneurship as part of their assessment for this subject. The 10 teams of students studying Bachelors of Business Administration were led by lecturer Muhamed Zulkiflee Osman. As a guest panellist, Far Loon shared his views on this sector in the interactive session, so as to give students an opportunity to learn what social entrepreneurship is all about from the industry perspective. https://www.spireresearch.com/newsroom/events/spire-malaysia-invited-as-guest-panellist-to-assess-students-at-universiti-kuala-lumpur-busine