CDF and Foundation Chaired by Angelo Koo Care for Students' Nutrition

Merxwire
04 Jun 2022, 18:30 GMT+10

Taipei, Taiwan (Merxwire) - China Development Financial (CDF) and its subsidiaries including CDIB Capital International, have invested a total of NT$85 million towards the "Nutrition 100 Program" over the past 17 years through the China Development Foundation. This year, a total of NT$5 million will be set aside to help fund rural schools in providing snacks such as fruit and milk on a weekly basis.

The fund comes as inflation has pushed up prices of products, services, and ultimately affects the daily lives of many households. The higher costs not only affect the common consumer but has also impacted schools in how they are able to provide healthy meals or snacks for their students.

Angelo Koo, chairman of the CDF's private equity subsidiary CDIB Capital International, who also serves as the chairman of the China Development Foundation, believes that "education is the most valuable investment." Chairman Koo has used the foundation as a platform to promote various scholarships and charity programs such as the Nutrition 100 Program.

A student marveled at the quality fruits given to her as part of the nutrition program, such as cherries, which she had only seen on TV. Some schools have made the most of the donation by sharing about the culture and geography of where fruit come from, such as Chilean apples.

Media Contact Information:
Company: Jet-Go Consulting
Contact person: Alvin Yang
Tel: +886-2-2370-8000 #2110

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Herald Globe.

More Information

null in null

International

Section

TikTok building U.S.-only app amid pressure to finalise sale

CULVER CITY, California: TikTok is preparing to roll out a separate version of its app for U.S. users, as efforts to secure a sale...

Trump defends use of 'Shylock,' citing ignorance of slur

WASHINGTON, D.C.: President Donald Trump claimed he was unaware that the term shylock is regarded as antisemitic when he used it in...

Summer travel in chaos as French air traffic controllers walk off job

PARIS, France: A strike by French air traffic controllers demanding improved working conditions caused significant disruptions during...

Congress weighs Medicaid cuts, sparking alarm in small-town hospitals

OMAHA, Nebraska: With Congress considering cuts totaling around US$1 trillion to Medicaid over the next decade, concerns are rising...

Gas station blast injures 40 in Rome, kids narrowly escape

ROME, Italy: Quick thinking by emergency responders helped prevent greater devastation after a gas station explosion in southeastern...

Weapons pause by Trump signals shift away from foreign wars

WASHINGTON, D.C.: President Donald Trump is drawing praise from his core supporters after halting key arms shipments to Ukraine, a...

Sports

Section