Companies pledge millions to Philippines

Written By limadu on Selasa, 12 November 2013 | 04.32

LONDON (CNNMoney)

Global banking group HSBC (HBC) and telecoms giant Samsung (SSNLF) have each offered $1 million in immediate assistance for the victims of Typhoon Haiyan, which ripped through the country Friday.

Thousands have died and some 660,000 have been forced from their homes. More than 2 million people, including 300,000 pregnant woman or new mothers, need food aid, according to the Philippine government.

HSBC said it was encouraging staff to donate food, water and medicines, and was mobilizing volunteers in the country to pack goods for distribution via the Philippine Red Cross.

Related: CNN coverage of devastation in the Philippines

The NBA and the NBA players' union have given a total of $500,000, half to UNICEF and half to World Vision, which has been flying in thousands of blankets and tarpaulins to provide temporary shelter.

Cash donations have also come from the IKEA Foundation ($2.6 million), Toyota (TM) ($230,000) and Nikon (NINOY) ($100,000.)

Other companies are offering their services or technology for free.

Related: CNN's Impact Your World - how you can help

FedEx (FDX, Fortune 500) said it was working with a number of disaster relief organizations to help transport equipment and relief supplies to the worst affected areas.

Air Asia and Zest Hotels are offering free flights and accommodation to aid workers.

Vodafone (VOD) has sent a team of technicians to the Philippines to help install two portable mobile phone networks to provide emergency telecommunications, enabling relief organizations to respond faster.

The company deployed a network to the Philippines during a typhoon last December. Almost 300,000 calls were made across the network in 17 days.

-- CNN's Carol Jordan and CNNMoney's Melanie Hicken contributed to this article. To top of page

First Published: November 12, 2013: 6:41 AM ET


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