THE World MSME Day commemorative event continued at Myanmar International Convention Centre I (MICC-I) in Nay Pyi Taw on its second day yesterday with expert discussions focused on strengthening Myanmar’s small and medium-sized enterprises and their role in national economic growth.

 

Presentations cov­ered topics including sup­porting MSMEs for eco­nomic development, future growth strategies, and the role of digital adoption in building Myanmar’s digital economy by 2030-2031.

 

At the closing cere­mony in the evening, Un­ion Minister for Industry and MSME Development Dr Charlie Than said the event reflected Myanmar’s commitment to achiev­ing the UN Sustainable Development Goals and strengthening internation­al recognition of its policy direction.

 

He stressed the im­portance of digital trans­formation for modern MSMEs, highlighting a six-stage pathway: visi­ble, trusted, paid, mar­ket-ready, delivered and growing.

 

The Union minister also outlined ongoing financial support meas­ures, including low-inter­est, collateral-free MSME loans in cooperation with nine local insurers at a five per cent interest rate. He added that businesses could access global mar­ket information through the ASEAN Access online platform.

 

He further noted upcoming opportunities for exporters, including a 8 July training session on exporting to Germa­ny and a China-ASEAN business matchmaking event scheduled for 15- 16 July.

 

All stakeholders must work together un­der a strong global part­nership to drive national economic growth, the Un­ion minister said, calling for closer coordination among government bod­ies, associations and en­trepreneurs.

 

He also held discus­sions with regional MSME agency chairpersons on development plans and support measures for small businesses across the country. — MNA/ST