Mastercard Launched the White Paper - An Unprecedented Juncture for ASEAN Small and Medium Businesses

Singapore, July 7, 2022 - SMEs play a vital role in driving sustainability and innovation in ASEAN and they have enormous potential to make substantial contributions to sustainability goals. In this age of digitalization and sustainability, SMEs can embrace this opportune moment to realize greater long-term resilience and growth opportunities. Likewise, broader business ecosystems should also do its part to step up its involvement with SMEs from education, acknowledgement and partnerships. This white paper highlights areas in which digitalization and sustainability journeys can be combined, spanning access to capital, financial inclusion, supply chain resilience, talent, innovation, and growth. It also sheds light on the perceived hurdles that ASEAN SMEs face in these areas.

To view full version of the White Paper click here