From a loose regional cooperation among the countries of Southeast Asian nations to a rule-based organization with several formal and legally-binding instruments, ASEAN has progressively paved its way for community-building and deeper integration among ten member countries. This year ASEAN will be celebrating its 45th Anniversary on August 8, 2012 and striving to achieve the establishment of ASEAN Economic Community by the year 2015. Nevertheless, challenges have been around the vision to establish single market and production base by the ten economies of ASEAN.