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View all search resultsAs ASEAN member countries compete to attract investors following the implementation of the AEC, the Indonesian government needs to simplify licensing procedures to improve its investment climate, the business community says.
The unification of the ASEAN Economic Community (AEC) has made the region more vulnerable to exploitation for profit by drug syndicates. There is already evidence of new routes having been opened up and an increase in narcotics trafficking, according to a recent UN report.
Laos will serve as the chair of ASEAN throughout 2016, a key year for the regional group to work on the implementation of the ASEAN Economic Community (AEC) amid rising tensions over competing sovereignty claims in the South China Sea.
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