Survey Shows Indonesia and Singapore are ASEAN Countries with Most to Gain from AEC

▤ Summary

“There will be winners and losers with the implementation of AEC; Singapore is well positioned, but other less mature markets like Laos, Myanmar, Cambodia will lack the infrastructure to reap the rewards efficiently.Businesses and Member States of ASEAN will need to plan ahead and navigate a road map to maximize the opportunities to ensure competitiveness within the changing landscape.However, nations such as Myanmar, Laos, Brunei and Indonesia need to step up their efforts in developing their infrastructure and legislative framework and tackling institutional challenges such as corruption.84% of the respondents say that they are expecting a medium to very high impact of the AEC once it rolls into place.Businesses and Member States of ASEAN will need to plan ahead and navigate a road map to maximize the opportunities to ensure competitiveness within the changing landscape.We advise companies to track AEC developments closely and think regional, not just country by country,” said Duncan Falzon, Managing Director at GIA Singapore.The white paper, Gaining Competitive Advantage through AEC, can be downloaded from http://www.globalintelligence.com/insights/white-papers.For further information, visit the www.globalintelligence.com or send an email to media@globalintelligence.com.bit.ly/14Zijwv Contact Information Global Intelligence Alliance Group Jennifer Tow +358424956200 www.globalintelligence.com Click here to view the list of recent Press Releases from Global Intelligence Alliance Group Promote Your Business Press Release Pricing Email this page to a friend

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