Wednesday, April 3, 2024

Inauguration of the AEC and Its Impacts on Relation between Singapore and Indonesia(29)

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


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. 


It is significant that SMEs tend to be in the more optimistic category in relation to regional integration. SME leaders in Singapore have urged fellow companies to expand within the region and to seriously consider investing in ASEAN neighbors for the many benefits that an integrated ASEAN economic community can bring.


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