ASEAN upholds commitment to help inclusive businesses achieve greater impact

The 4th ASEAN Inclusive Business Summit’s theme ‘Building Inclusive Businesses to Build Back Better’ is in line with this year’s ASEAN Chairmanship theme ‘We Care, We Prepare, We Prosper’ and reflects the potential of the public and private sector’s innovative models to address challenges posed by the ongoing COVID-19 pandemic.

Permanent Secretary (Industry) at the Ministry of Finance and Economy (MoFE) Pengiran Hajah Zety Sufina binti Pengiran Dato Paduka Haji Sani said this in her opening remarks at the virtual summit last Wednesday.

“As a result of efforts to promote inclusive business at a national level, ASEAN member states are actively engaging in inclusive business policy development and capacity building to better understand the inclusive business concept and approaches among its policy makers and businesses,” she said.

Pengiran Hajah Zety also shared the progress of inclusive business in Brunei Darussalam.

Though poverty in the Sultanate is marginal, there has been a growing trend of social entrepreneurship and corporate social responsibility initiatives that incorporate elements of inclusive business in addressing social challenges such as unemployment and assisting vulnerable groups including low-income families and single mothers.

The one-day summit showcased emerging policy frameworks, strategies, and success stories of inclusive businesses across the region.

Date of Release: 26 September 2021

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September 30, 2021