Singapore, 21 Nov 2023 - DBS Foundation and SG Enable today announced a strategic partnership to strengthen support and skills training for persons with disabilities, to enable them to live more independently and have greater access to social and economic opportunities in a fast-changing world. As part of the partnership, DBS Foundation will contribute SGD 1 million to the flagship initiative. In addition, the bank will provide subject matter expertise in financial and digital literacy skills, and mobilise its employee volunteers to equip persons with disabilities with these skills to face the future with confidence.(from left to right) Ku Geok Boon, SG Enable CEO; Moses Lee, SG Enable Chairman; Ms Jane Ittogi; President Tharman Shanmugaratnam; This marks the launch of strategic partnership between DBS Foundation and SG Enable to equip persons with disabilities with financial and digital literacy to face the future with confidence. Growing urgency to address financial and digital literacy gaps in the landscape [1] , the number of students reported to have special education needs in Singapore rose by 5% from 2021 to 2023. In addition, Singapore faces an ageing population including 40% of adults with disabilities who will be 65 years or older by 2030. This, coupled with national population trends such as declining birth rates and shrinking household sizes, means that the disability landscape will face a range of challenges from care planning for persons with disabilities who may outlive their caregivers, to increased caregiving loads for smaller families.A collective effort to create a more inclusive Singapore President Tharman Shanmugaratnam interacting with Muhammad Sayfullah (seated next to President Tharman - second from the right), a learner with disabilities, at a pilot financial literacy workshop by DBS Foundation and SG Enable, during which attendees learned about concepts such as saving, differentiating needs and wants, among others.
[1] Source: Enabling Masterplan 2030 [END]
About DBS Foundation www.dbs.com/dbsfoundation About SG Enable www.sgenable.sg 
