Singapore government is giving many businesses various support during this crisis, but there are still a lot of gaps in the system, and many people are still struggling to make ends meet.
In a post COVID-19 world, many things have changed. The reshuffle and new normal caused a lot of new problems and a lot of uncertainties. Many people are out of jobs and the market does not look good. There are many who face financial hardships and obviously some winners and some losers in the community.
Corporate Social Responsibility or CSR is not fit for purpose, and we need something better to hold corporations to account for their social and environmental impact. Business is business — If there is a conflict between maximizing shareholder value and an environmental or social impact, the bottom line will win out in this model.