75907511_022930236-1Investment bank Goldman Sachs has renewed its sponsorship of Singapore’s upcoming gay pride event Pink Dot SG, but luxury hotel Parkroyal on Pickering has decided not to back the event again this year.

A spokesman for the hotel, which is located on Pickering Street right next to where the rally is held annually in Hong Lim Park in Singapore’s CBD, told Mumbrella today that the company would be spending its CSR investments on other causes.

The hotel, which is part of the Asia-wide Parkroyal group of hotels, was a sponsor of the event last year along with BP, Google, Barclays, Goldman Sachs and J P Morgan, as well as contact lens maker Cooper Vision and local production company The Gunnery. READ FULL