Indonesian SMEs Accelerate Economic Recovery

JAKARTA, INDONESIA – Media OutReach – 13 October 2021 – The pandemic started a global crisis which ravaged economies and businesses around the world. It has certainly brought everything to a standstill and forced SMEs in Indonesia to adapt and change their business plan and strategy to survive.

Indonesian SMEs form the backbone of the nation’s economy and contribute largely towards the nation’s GDP as well as the employment market. Despite the massive hit it took, Indonesia is showing signs of recovery with business owners relying on resilient and agile planning to overcome the fog of uncertainty brought by the pandemic.

“When the pandemic started, no one expected the drastic effects it had on our livelihood and the implications it has to the economy. There were lots of uncertainties but 2021 is the year of hope and many of the winners here today have reaped the benefits of resilience and agile planning. With that tenacious spirit, Indonesia is well on track to return with a vengeance to spur the economy forward” said William Ng, group publisher and editor-in-chief of Business Media International and organizer of SME100 Awards.

The SME100 Awards serves as pinnacle of trust and a benchmark of reliability among business owners. Be it for business ventures or attracting investors and clients in both foreign and domestic markets alike, The SME 100 Awards has become the beacon of attention on all platforms across all industries.

Indonesia is one of the four ASEAN member states to organize SME100 Awards, after Malaysia, Vietnam, and Singapore.

SME100 Award Winners Indonesia:

For more information, please visit http://sme100.asia.

About Business Media International

Business Media International is a subsidiary of Audience Analytics Limited, a regional leader in enabling growth companies through data-driven brands. Our properties include media brands such as SME Magazine, HR Asia, Capital Asia, Energy Asia, Logistics Asia, TruthTV and CXP Asia, business impact assessment brands such as SME100, HR Asia Best Companies to Work for in Asia, Golden Bull Awards and CXP Asia Best Customer Experience Awards, exhibitions, and growth analytics SaaS.

About SME100 Awards

The SME100 Awards is a business recognition awards program recognizing and celebrating fast-growing and the most innovative SMEs in Indonesia, Malaysia, Singapore, and Vietnam across 20 selected industries. The Awards identify and recognize SMEs based on a basket of quantitative and qualitative criteria with a focus on growth (turnover, profit, and market share) and resilience (best practices, sustainability, and vision). More than an award, SME100® is a powerful learning and business development platform. Through our extensive university-level classes, enrichment seminars, workshops, and forums – SME owners and key personnel up-skill themselves with the latest know-how and intelligence.

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