Set against the backdrop of the creation of the ASEAN Economic Community (AEC) in December 2015, this report examines the opportunities and challenges facing small and medium-sized enterprises (SMEs) in the ASEAN region.
In December 2015 the ASEAN Economic Community (AEC) was established, marking a major milestone in the region's economic integration agenda. To examine the current state of SME development in ASEAN, ACCA gathered the views of policymakers, economists, industry representatives and professional accountants (including members of the ACCA Global Forum for ASEAN and Global Forum for SMEs).
Key findings include:
Overall this report aims to encourage further discussion on the key actions needed to help SMEs take advantage of increased economic integration in ASEAN and support the region’s economies in maximising their potential.