The Mastercard Center for Inclusive Growth (the Center) announced today a landmark collaboration with the Association of Southeast Asian Nations (ASEAN) Business Advisory Council to host the inaugural Mastercard ASEAN Inclusive Growth Summit (the Summit) in Kuala Lumpur in late October – the first of three convenings set to take place in Southeast Asia over the next three years.
This significant collaboration deepens Mastercard’s commitment to economic growth supporting consumers and small businesses in the Asia-Pacific region.
The collaboration underscores the company’s alignment with the Business Advisory Council’s focus on sustained, inclusive economic growth in the region, amidst an evolving global and economic landscape.
The Summit builds on the success of the Center’s Global Inclusive Growth Summit and aims to catalyze sustainable economic growth and advance ASEAN’s collective prosperity by demonstrating how regional and business leaders can come together to create opportunities for all.
The event aims to spur an exchange of ideas between leaders in the East and West, opening the door to innovation, partnerships, shared collaboration and outcomes for the region.
“This collaboration with Mastercard sets the stage for a long-term platform to advance inclusive economic growth in ASEAN. The Summit creates space for meaningful dialogue and collaboration, where regional challenges can be addressed through practical, locally relevant solutions.
“As we look ahead, our goal is to strengthen ASEAN’s position as a driver of sustainable, inclusive prosperity,” said Tan Sri Nazir Razak, Chairman of ASEAN Business Advisory Council.
“Southeast Asia is at a pivotal moment where growth must be paired with security, inclusion and access.
“As the region navigates challenges from economic fragmentation to digital disruption, our collaboration with the ASEAN Business Advisory Council reflects our commitment to helping individuals and businesses unlock economic opportunities, so everyone can benefit from the digital economy,” said Jon Huntsman, Vice Chairman and President, Strategic Growth at Mastercard.
-NIAGATIMES
