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Change is imminent. Are ASEAN SMEs transforming for the future?
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You are now reading:
Change is imminent. Are ASEAN SMEs transforming for the future?
Small- and medium-sized enterprises (SMEs) are known as the backbone of local economies across ASEAN. In the region, SMEs are often the largest source of local employment across all economic sectors.
Three in five (60%) of ASEAN’s SMEs say they will focus their investments on technology over other fixed assets in 2018 to help drive business competition. But at the same time, SMEs continue to deal with daily challenges such as lack of scale, cost and labour.
Get these insights and more in the ASEAN SME Transformation Study. It gives you a region-wide view based on 1,200 SMEs surveyed across the six key Southeast Asian markets, covering these key highlights:
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