AEC means competition and collaboration

Yuvallos (centre) says embracing the AEC is one of the steps that will help micro, small and medium enterprise (MSME) prepare themselves for the global market.

The East Asia Business Council says an integrated Asean market is a stepping stone towards taking on the global market for SMEs, presenting them opportunities to compete against each other as well as to work together.

Embracing the Asean Economic Community’s (AEC) formation is one of the steps for micro, small and medium enterprises (MSME) to prepare themselves for a global market, according to East Asia Business Council (EABC) acting chairman Jay Yuvallos.