Advent of the Era of the AEC and Its Impact on Singapore and Indonesia(28)

Comparative Study on the Perception and Response of Singapore and Indonesia

Singapore believes that a strong and competitive ASEAN is important in the face of growing challenges posed, not just to the Southeast Asian economy, but the global economy. 

Thus, while Singapore acknowledges that some problems are faced by the ASEAN countries in implementing the AEC Blueprint, there is an urgent need to persevere in order for the region to remain competitive and relevant to the global economy.