{"id":40665,"date":"2025-10-11T09:49:00","date_gmt":"2025-10-11T09:49:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4795767_AE95767_0"},"modified":"2025-10-11T09:49:00","modified_gmt":"2025-10-11T09:49:00","slug":"women-owned-suppliers-boost-corporate-revenue-by-2-2-in-southeast-asia","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=40665","title":{"rendered":"Women-owned Suppliers Boost Corporate Revenue by 2.2% in Southeast Asia"},"content":{"rendered":"\n\n\n
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Report by The American Chamber of Commerce in Singapore<\/span> (AmChamSG), Accenture and WEConnect International show that supplier diversity drives revenue growth, but women entrepreneurs continue to face structural barriers in procurement<\/i><\/p>\n

SINGAPORE<\/span><\/span>, Oct. 11, 2025<\/span><\/span> \/PRNewswire\/ — The American Chamber of Commerce in Singapore<\/span> (AmChamSG), in collaboration with Accenture and WEConnect International, launched ‘The Diversity Dividend: Why it Pays to Engage Women Owned Businesses in Southeast Asia<\/span>‘ at the 2025 AmChamSG SME ACCelerate Forum with Ms. Yeo Wan Ling,  Assistant Secretary-General, National Trades Union Congress (NTUC) and Member of Parliament, Punggol GRC.<\/p>\n

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\"[From<\/a>
[From Left to Right] Ms. Bani Trehan, Managing Director, Accenture; Mr. Anoop Sagoo, CEO, Southeast Asia at Accenture; Ms. Yeo Wan Ling, Assistant Secretary-General, National Trades Union Congress (NTUC) and Member of Parliament, Punggol GRC; Dr. Hsien-Hsien Lei, CEO, AmChamSG; and Ms. Minnie Venkatachalam, Regional Director, Southeast Asia, North Asia & Oceania, WEConnect International<\/span><\/p>\n<\/p><\/div>\n

The report includes analysis of the supplier diversity of 631 companies in Singapore<\/span>, Vietnam<\/span> and Indonesia<\/span>, and found that corporate revenue growth increases by 2.2% when suppliers increase women representation in leadership by 5%. <\/p>\n

At the forum, Anoop Sagoo<\/span>, Chief Executive Officer, Southeast Asia<\/span> at Accenture, highlighted findings from the report, noting that “companies embracing supplier diversity experience tangible benefits, including enhanced performance and revenue growth. By implementing the recommendations in this report, stakeholders can unlock the full potential of women-owned businesses, fostering a more inclusive and resilient business ecosystem.”<\/p>\n

Based on a survey of 121 women entrepreneurs in Singapore<\/span>, Vietnam<\/span> and Indonesia<\/span>, structural barriers in the procurement environment like overly complicated processes and long payment terms continue to limit access for women entrepreneurs. <\/p>\n