Inauguration of the AEC and Its Impacts on Relation between Singapore and Indonesia(40)

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

Nevertheless, overall perception and response of Indonesia is still assessed lagging behind those of Singapore. This could explain why governmental attention and consideration for non-major players in the business field including SMEs would be top priority for Indonesia to pave the way to the AEC. 

Figures from Statistics Indonesia, a central government agency have it that Indonesian SMEs have undertaken as much as 60% of the GDP as a backbone of the national economy.