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Asia presents over US$500 billion potential in philanthropic giving

The Centre for Asian Philanthropy and Society (CAPS) has launched its inaugural research results on Asian philanthropy on Tuesday, pointing to the potential of an annual US$500 billion in funding and donations the region could provide with proper policies in place. Despite being home to 5.5 million HNWIs in 2016 and a US$18.8 trillion HNW wealth pool, Asia Pacific is…

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