08
July
2017
|
17:56
Asia/Singapore

East Asia’s SMEs gearing up to challenges of new economy

Prof John Wong, Professorial Fellow from the East Asian Institute at NUS opined that Singapore’s efforts to modernise small and medium-sized enterprises (SMEs) for the coming new economy can be instructive for other East Asian countries. He added that increasingly, the innovative type of modern SMEs will constitute the mainstay of the new economy and spearhead the coming fourth industrial revolution.