Page 20 - ASEAN BUSINESS AND INVESTMENT SUMMIT 2019
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20 ABIS 2019
3 Panel Discussion:
rd
NEXT GENERATION MSME
ACCESS TO FINANCE
Access to finance is one of the most difficult challenges facing MSME. Recently, the MSME
business community has had the opportunities to overcome constraints which are the impediments
for its long-term growth and development. Increasing access to finance for MSME is regarded as
a key strategy to deal with the constraint, help strengthen financing ecosystem in the region and
facilitate for financing MSME to engage in the financial system. The advances in technology and
digitalization of financing instruments in the 4IR era have helped MSME’s access to global markets
and supply chains. The financing instruments include advancing credit infrastructure ecosystem,
information base lending driven by digital technology and technology transformation (AI, big
data), and alternative financing (crowdfunding and P2P). These financing instruments are part
of financial services to provide for MSME’s access to finance and prepare for the next generation.
Objectives
To address the challenges and opportunities brought about by digitalization and 4IR which
affect MSME’s access to finance and how MSME can harness the innovative finance and digital
finance
Key Questions
01 What are the opportunities and challenges for MSME posed by the digitalization of
ASEAN?
02 How does MSME benefit from the financing instruments?
03 How does MSME overcome barriers to growth and business expansion with regard to
access to finance?
