Wednesday, May 1, 2024

Inauguration of the AEC and Its Impacts on Relation between Singapore and Indonesia(39)

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


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, small number of countries in the region has 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 to miss for their future growth engines.

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