This is a large-scale ASEAN project, in collaboration with the Organisation for Economic Co-operation and Development (OECD) and Economic Research Institute for ASEAN and East Asia (ERIA), in which CSPS was appointed as the national consultant for Brunei Darussalam and Darussalam Enterprise (DARe) as the national coordinator.
The ASEAN SME Policy Index aims to provide a tool to identify the strengths and weaknesses in the small and medium-sized enterprise (SME) policies for all member states, evaluated in 8 dimensions that allow benchmarking with international best practices. Brunei Darussalam performed relatively well in areas such as having a robust legal and regulatory framework on access to finance, company registration, and e-Government. However, there are several areas that require more government attention, especially in environmental policies targeting SMEs, encouraging social enterprises and inclusive SMEs, and improving public-private consultations.
This study is still work in progress and is expected to be completed by early 2018.