Small businesses are the engine room of the global economy, employing hundreds of millions of people around the world and accounting for a significant portion of economic output.
In Asia alone, small businesses contribute to more than 60% of GDP and drive two-thirds of employment.
In some sense, the era of David and Goliath has now arrived. These innovative, agile enterprises are increasingly competing with the traditional industry goliaths and playing a powerful role in driving the region’s economic growth.
As our world has shifted to become more open and connected, small businesses are just as capable of seizing global market opportunities as their larger counterparts.