The Asian Development Bank recently released the results of its review of the SME sector and the state of finance in 14 countries from the five ADB regions of Central Asia, East Asia, South Asia, Southeast Asia and the Pacific through the inaugural volume of the annual Asia SME Finance Monitor 2013. While snippets of this report have been released and published, Benel Lagua is not sure if Philippine policymakers and SME finance players have fully digested how the report should wake up the Philippine system especially when viewed in the light of the forthcoming Asean integration in 2015.