DBS and Food Bank to create app to streamline food donations

This puts donors, social service bodies and logistics providers on one platform for faster delivery to the needy

Published Thu, Jun 4, 2020 · 09:50 PM

Singapore

DBS is partnering The Food Bank Singapore to develop an app that will address food gaps for the vulnerable by facilitating greater coordination and targeted support, the lender said on Thursday.

It is financing the development of the app, which is expected to launch in the fourth quarter. The app aims to streamline the food-donation process by connecting corporate donors, social service agencies, food support organisations and logistics providers on one platform.

Calling the initiative "timely", DBS said the Covid-19 outbreak "is expected to have a prolonged impact on the economy, which would inadvertently weigh on the income of many individuals and families, exace…