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How Asian SMEs can manage energy to win

How Asian SMEs can manage energy to win published : 11 Jan 2021 at 12:30 15 In today s challenging world, as businesses fight to maintain market growth in an economy stunted by the Covid-19 pandemic, maintaining the health of small and medium enterprises (SMEs) is vital to long-term economic stability and growth in Asia. But even as we look ahead to an economic rebound, we need to be aware that SMEs that do not address business infrastructure issues that threaten their resilience and competitiveness in a reset economic landscape, will fail. SMEs fuel the Asia Pacific economy. According to Asian Development Bank data, they make up about 96% of all business, contributing significantly to the labour force, providing two out of three private-sector jobs.

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