Presented by ASEAN at the OECD Southeast Asia Regional Forum, 24-26 March 2014, Bali, Indonesia.

1. OECD Southeast Asia Regional Forum
Consultation Meeting –SME Policy Work Stream
one vision
one identity
one community
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Towards the AEC 2015 and Beyond
24 March 2014
Bali, Indonesia

2. Outlines
Key Take-Aways from the ASEAN SME
Policy Index
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2 ASEAN SME Strategic Plan - Progress &
Key Achievements
SME as the Third Pillar of AEC1
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3. 1. SMEs – As the Third Pillar of AEC
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4. ASEAN ECONOMIC COMMUNITY
STRATEGIC SCHEDULE OF THE AEC BLUEPRINT (2008-2015)
Pillar 1
Single Market
& Production Base
• Free flow of goods
• Free flow of services
• Free flow of
investment
• Freer flow of capital
• Free flow of skilled
labor
• Priority Integration
Sectors
• Food, agriculture and
forestry
Pillar 2
Competitive
Economic Region
• Competition policy
• Consumer protection
• Intellectual property
rights
• Infrastructure
development
• Taxation
• E-Commerce
Pillar 3
Equitable Economic
Development
• SME development
• Initiative for ASEAN
Integration
Pillar 4
Integration into
the Global Economy
• Coherent approach
towards external
economic relations
• Enhanced
participation in global
supply networks
HUMAN RESOURCE DEVELOPMENT RESEARCH AND DEVELOPMENT
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5. Significance of SMEs to ASEAN Economies
SMEs represent up to 99% of all enterprises in ASEAN
member states (AMS)
SMEs generate 56% to 97% of domestic employment
including youth and women
SMEs contribute 30% - 60% to GDP
SMEs contribute 19% - 31% to exports
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6. 2. ASEAN SME Strategic Action Plan – Progress &
Key Achievements
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7. ASEAN Strategic Action Plan for SME Development
(2010-2015)
MarketFinance
Environ
ment
Techno-
logy
Infor-
mation
Human
Resource
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8. Access to Finance
Policy
Dimension:
Access to
Finance
ASEAN SME Regional
Development Fund
SME Credit Rating Model
Accounting Guidelines for
SMEs
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9. Access to Market &
Internationalisation of SMEs
Policy
Dimension:
International
Market
Expansion
Improvements in Rural Living Condition
Through One Village One Product (OVOP)
SME Trade Fairs, Conference, Expos
Directories of ASEAN SMEs
Enhancement of ASEAN SME FTA
Utilisation
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10. Access to Human Resources
Development
Policy
Dimension:
Promotion
of
Entreprene
urial
Education
Internship Schemes for Staff
Exchanges/ Visits
ASEAN Small Business
Competitiveness Program
Common Curriculum for
Entrepreneurship (COBLAS)
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11. Access to Information & Advisory
Services
Policy
Dimension:
Access to
Support
Services
Formulation of Case/ Industry Studies to
Develop Benchmarks/ Baselines for SMEs
SME Guidebook Towards the AEC 2015
Establishment of ASEAN SME Service
Centre, Phase II
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12. Access to Technology &
Innovation
Policy
Dimension:
Technology
& Tech
Transfer
Strengthening SME Business &
Technology Incubator
Establishment of ASEAN Business
Incubation Network (ABINet)
Policy Program to Upgrade SMEs
in Selected Industry Sectors
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13. 3. Key Take-Aways from the ASEAN
SME Policy Index
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14. Key Take-Aways
from the ASEAN SME Policy Index
Good Regulatory
Environment
• ASEAN Benchmarks for
Faster & Cheaper
Startups
• A Common SME
Definition Applied in a
Country
• Good Coordination
between Domestic
Government Agencies
Entrepreneurial
Education
• Support Entrepreneurial
Learning
• Accelerator / E-learning
Tools for Start-up
Access to Finance
• Develop Regulatory
Framework
• Sound and Diversified
Financial Products
• Financial Education and
Discipline
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15. Key Take-Aways
from the ASEAN SME Policy Index
Technology & Tech
Transfer
• Promote Adoption of
Technology
• Foster Tech
Cooperation, focus on
Commercialisation
• Promote Networking
Among Tech Incubators
Support Int’l Market
Expansion
• Capacity Building
Program for Exporting
SME
• Promote e-commerce,
biz matching and social
networking
• Reduce Cost and
Simplify Customs
Procedures
Access to
Supporting Services
• Promote e-Services
• Ensure ranges of
services and data are
updated and relevant to
domestic and regional
trade
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16. CHALLENGES/ISSUES
A good SME policy environment vital for
SME development
Minimum ASEAN benchmarks/standards for
some of the components will be useful
Challenge will be to develop a roadmap and
the milestones to achieve this
SMEWG post-2015 Action Plan - may be a
good avenue to operationalise some of
these elements
Cross-sectoral effort – need cooperation of
related ASEAN bodies
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17. www.asean.org
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