Table I.

Definition and classification of SMEs in Asia based on asset, capital, and employment size

CountryMeasureDefinition
Brunei DarussalamEmployment sizeSmall – less than 10 people
Medium – between 10 to 100
Large – more than 100
Hong KongEmployment sizeManufacturing enterprises with fewer than 100 employees and non-manufacturing enterprises with fewer than 50 employees
JapanCapital sizeMining and manufacturing – Yen 300m or less
Wholesale – Yen 100m
Retail – Yen 50m or less
Services – Yen 50m or less
Employment sizeMining and manufacturing with 300 employees or less
Wholesale – 100 or less
Retail – 50 or less
Services – 100 or less
IndonesiaEmployment sizeLess than 100 employees
KoreaEmployment sizeLess than 300 persons
Asset sizeLess than US$60m
MalaysiaShareholders’ fundsLess than RM 2.5m
Employment sizeLess than 75 employees
SingaporeFixed productiveLess than $15m
Assets (net book value) employment sizeLess than 200 employees (for service company)
Local shareholdingsAt least 30%
ThailandEmployment sizeSmall – less than 50 persons
Medium – 50 to 200 persons
Large – more than 200 persons
Fixed assetsSmall – less than Baht 20m
Medium – Baht 20-100m
Large – more than Baht 100m
PhilippinesAsset sizeMicro – P 1.5m and below
Small – P 15m
Medium – P 15-60m

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