Micro, small, and medium Enterprises (MSMEs) have an important role in driving the economy of countries in Southeast Asia. According to data from the Economic Research Institute for ASEAN and East Asia (ERIA), there are currently more than 70 million MSMEs in Southeast Asia, employing more than 140 million people and representing 99 percent of all businesses in the region. In Singapore, SMEs are the heart of its economy, employing two-thirds of the workforce and contributing nearly half of … [Read more...] about Supporting MSMEs for a healthier community in Singapore and Indonesia
Skelas
Restorative economy efforts across Southeast Asia: Practice from Indonesia and Singapore
The economic challenges that Southeast Asia will face in the future will be increasingly difficult because of factors such as global economic fragmentation, geopolitical changes, and climate crisis. For the latter, Southeast Asia countries would need to figure out a new economic approach that does not entirely rely on the extractive industry. Some economic approaches currently receiving global attention include the restorative economy, namely efforts to restore nature to drive the surrounding … [Read more...] about Restorative economy efforts across Southeast Asia: Practice from Indonesia and Singapore
