Latest news with #MastercardASEANInclusiveGrowthSummit
Barnama
4 days ago
- Business
- Barnama
Mastercard, ASEAN-BAC To Host Inaugural Growth Summit
BUSINESS KUALA LUMPUR, Aug 14 (Bernama) -- The Mastercard Center for Inclusive Growth has partnered with the ASEAN Business Advisory Council (ASEAN-BAC) to host the inaugural Mastercard ASEAN Inclusive Growth Summit in Kuala Lumpur in late October this year. In a joint statement today, the centre said the summit is the first of three events 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,' it said. The centre added that the summit builds on the success of its Global Inclusive Growth Summit and aims to catalyse sustainable economic growth and advance ASEAN's collective prosperity by demonstrating how regional and business leaders can come together to create opportunities for all. It said 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. Vice chairman and president, strategic growth at Mastercard Jon Huntsman said 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-BAC reflects our commitment to helping individuals and businesses unlock economic opportunities, so everyone can benefit from the digital economy,' he added. -- BERNAMA
The Sun
4 days ago
- Business
- The Sun
Mastercard ASEAN Inclusive Growth Summit to drive regional prosperity
KUALA LUMPUR: The Mastercard Center for Inclusive Growth and ASEAN Business Advisory Council (ASEAN-BAC) will co-host the first Mastercard ASEAN Inclusive Growth Summit in late October. The event marks the beginning of a three-year series of summits across Southeast Asia. Mastercard stated that the partnership reinforces its dedication to economic development in the Asia-Pacific region. The collaboration aligns with ASEAN-BAC's mission to promote sustainable and inclusive growth amid global economic shifts. The summit follows the success of Mastercard's Global Inclusive Growth Summit, aiming to drive collective prosperity in ASEAN. It will facilitate discussions among regional and global leaders to create equitable economic opportunities. Jon Huntsman, Mastercard's vice chairman, highlighted Southeast Asia's need for growth alongside security and inclusion. He emphasised the summit's role in addressing challenges like digital disruption and economic fragmentation. The event seeks to unlock economic potential for individuals and businesses in the digital economy. - Bernama
