The report highlighting how countries have addressed recent economic and geopolitical shocks. The report includes regional trends, country-specific analyses, and actionable recommendations for both regional and national governments. The report finds that SME policies across ASEAN are continually advancing, driven by policymakers’ efforts to ensure inclusive and sustainable economic growth. Policymakers have implemented measures to address the challenges posed by crises such as rising inflation and supply chain disruptions, successfully enhancing the long-term competitiveness of SMEs. ASEAN Member States have promoted SME digitalisation through various capacity-building activities, digital trade promotion, and efforts to improve access to digital payment systems and finance. The emphasis on upskilling has also increased, with programmes aimed at boosting digital, innovation, and business management skills for SME owners and employees.
Detail report is in the link: https://asean.org/wp-content/uploads/2024/09/Full-Report_ASEAN-SME-Policy-Index-2024_20-Sept-2024.pdf