Inauguration of the AEC and Its Impacts on Relation between Singapore and Indonesia(16)

Comparative Research on Relationship of Singapore and Indonesia in the AEC Aspect

For example, in spite of the recent economic boost, CLMV countries (Cambodia, Laos, Myanmar and Vietnam) are estimated to hold only around 12% share  of the total ASEAN GDP (Growth Domestic Product). 

In this regard, this paper primarily concentrates on two countries. They are Singapore and Indonesia in the maritime Southeast Asia. The two countries shouldn't be thought lightly of in any economic point of view in the region.