SMEs

Arizona's export market flourished in 2025, achieving $44.4 billion and supporting 84,000 jobs. This trend underscores significant procurement opportunities, particularly for SMEs in manufacturing and agriculture sectors. Stakeholders should consider collaboration with foreign investors to enhance market reach and resilience.

The OECD's new policy paper highlights how fragmented cybersecurity regulations burden small and medium-sized enterprises (SMEs). Such fragmentation increases compliance costs, impacting effective cybersecurity measures. The OECD advocates for international dialogue and practical tools to align these regulations, aiming for improved resilience and reduced duplication in compliance efforts.

The Queensland Government's procurement event showcased significant contracting opportunities for local businesses tied to the Brisbane 2032 Olympic and Paralympic Games. SMEs are urged to engage in upcoming infrastructure projects, including stadium upgrades and transport enhancements, aimed at maximizing regional benefits.

Thailand's efforts to enhance public procurement focus on digital systems and supporting SMEs. The Comptroller General's Department aims to modernize the e-GP platform and implement local labor requirements, aligning procurement strategies with significant employment goals in the region.