A regional meeting of small and medium enterprises was held in Brunei to foster support and development of the sector in Asean countries.

Discussions between Asean member-countries and dialogue partners China, Japan and South Korea became a focal point of the meeting wherein participants shared best practices in managing and operating SMEs.

The 21st Meeting of the Asean Small and Medium Enterprise Agencies Working Group from Nov. 21 to 23, emphasized the need to further bolster specific developmental areas among Asean countries, which include entrepreneur education, government assistance, outsourcing, and trade promotion.

Also part of the agenda was a follow-up on previous meeting regarding SME policy directions within Asean member states, which include host Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam.