Compared with bigger companies, small and medium-sized  enterprises (SMEs) have generally lagged behind as they are less productive and profitable. Now, SMEs face the added challenge of the coronavirus disease (COVID-19) pandemic and technology disruptions. But the crisis may offer an opportunity for SMEs to enter new areas and disrupt existing business models. For example, there are lot of potential in remote working, fintech, education, and health. SMEs may be better at spotting these opportunities and taking advantage of them.

This webinar discussed policies and strategies for building dynamic and successful SMEs.

The webinar was organized by the Asian Development Bank's (ADB) Southeast Asia Department (SERD). The SERD Policy Talk (SPOT) features conversations on new ideas and development beyond office walls. It aims to inspire people to explore issues outside their normal area of work and encourages active interaction and debate among the participants with their varied perspectives and approaches.

Speakers

• Sameer Khatiwada, Social Sector Specialist, ADB
• Emma R. Allen, Country Economist, Lao PDR Resident Mission
• Moderator: Thiam Hee Ng, Principal Economist, ADB