Singapore Exchange Launches Tsunami Relief Fund
January 13, 05
The Singapore Diamond Exchange (DES) has joined other diamond organizations in calling on the global industry to help victims of the tsunami that caused death and destruction across
Headed by Suresh Hatiramani, the DES has established the WFDB Relief Fund to aid the victims, contributing an initial sum of $10,000 to start the fund.
Hatiramani called upon all presidents of all the WFDB affiliated bourses to help raise funds for this cause. “DES will ensure that the contributions received will be channeled only to one of the reputable, international relief agencies that is currently supporting the relief programs in the disaster areas,” Hatiramani said in a letter to WFDB President Shmuel Schnitzer.
In addition to the DES, the Belgian Diamond High Council, the New York Diamond Dealers Club and CIBJO, the World Jewellery Confederation, have either launched funds or made appeals for financial aid for the survivors of the tsunami.