Monday, December 26, 2022

Advent of the Era of the AEC and Its Impacts on Singapore and Indonesia(42)

Comparative Study on the Perception and Response of Singapore and Indonesia


Needless to say, Indonesia hasn't been sitting idle. As the largest market in the region, Indonesia has braced for this budding economic environment in its own way. The fact that Indonesia has already implemented a competition law would be an exemplary movement. 

As a matter of fact, only a few countries in the region have regulated fair trades by adopting a competition law like Indonesia. On top of that, larger local firms such as traditional family businesses are also deeming the AEC as a valuable chance for their new source of growth engines.


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