Comparative Study on the Perception and Response of Singapore and Indonesia
In addition, in general, information concerning the AEC fails to reach most members of the business community largely due to the fact that both government and the ASEAN secretariat do not have a systematic mechanism to disseminate information.
Results of SWOT analysis on the Indonesia's perception of and response to the formation of the AEC can be diagramed as below.
Comparative Study on the Perception and Response of Singapore and Indonesia
In this context, taking a brief look at how the ASEAN economic integration has been developed and eventually led to the establishment of the AEC would be meaningful.
A publication from the ASEAN Secretariat titled 'ASEAN Economic Community 2015: Progress and Key Achievements' describes the road towards the AEC. Summary of the report (p. 3-6.) can be introduced as below:
Advent of the Era of the AEC and Its Impacts on Singapore and Indonesia
In addition, in general, information concerning the AEC fails to reach most members of the business community largely due to the fact that both government and the ASEAN secretariat do not have a systematic mechanism to disseminate information.
Results of SWOT analysis on the Indonesia's perception of and response to the formation of the AEC can be diagramed as below.
Advent of the Era of the AEC and Its Impacts on Singapore and Indonesia
The ASEAN Secretariat report cited above illustrates two cases (p. 18-22.) as evidences of commercial viability in the age of the AEC. They are Singapore's Super Group for brand reach and Indonesia's WIKA for corporate transformation.
Business outlines of the two examples incubating the potential of the AEC go like this Super Group in Singapore has been progressively attempting to reach consumers in Southeast Asia with its instant food and beverage products since 1987.
