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Business

Business world needs to embrace sharing economy

Private role in tackling social problems to fend off rising protectionist trend

Helping residents in depopulated areas secure a means of transportation is one way that Uber is being used to benefit society. (Reuters)

TOKYO -- On the Greek island of Lesbos, Syrian refugees who fled from civil war, oppression and terrorism live in simple prefab houses whose white walls shine in the sun. The houses were built with support from Ikea, a major Swedish furniture maker.

Ikea provides easily assembled shelters to the Middle East and Africa to improve the lives of refugees. Per Heggenes, CEO of the Ikea Foundation, said that companies as well as governments and aid agencies have a duty to deal with refugee problems.

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