Morning Shot: The DBS–ITE Collaboration and the Role of Business in Social Mobility

As Singapore renews its focus on social mobility, attention is turning to how the private sector can help level the playing field. Beyond hiring or donations, can businesses play a deeper role in shaping opportunity from education access to employability and financial resilience? DBS Foundation has announced a new SGD14.5 million partnership with the Institute of Technical Education (ITE) to support 8,000 students from lower-income families each year. The initiative aims to ease financial pressures so students can stay in school, while providing mentorship and financial literacy training to prepare them for work and independent living. Karen Ngui, Head of DBS Foundation & Group Head of Strategic Marketing and Communications joins the Breakfast Show to unpack how such collaborations between private and public institutions can make a lasting impact and what it will take to build a more inclusive model of growth.See omnystudio.com/listener for privacy information.