In what has been dubbed the 'Pool of Death', Group B consists of Singapore, Thailand, Malaysia -- three nations with eight ASEAN titles between them -- along with underdogs Myanmar.
With games played at the new National Stadium at the Singapore Sports Hub and at Jalan Besar Stadium, this group throws up many sub-plots that will make it a thrill to watch.
Myanmar will be led by former Singapore coach Radojko Avramovic as the Serbian tactician returns to his old stomping ground while the traditionally fierce rivalry between the other three nations will set the stage alight.
Singapore
Singapore are the record holders for the most ASEAN titles. They have four in the bag, having won it in 1998, 2004, 2007 and, most recently, in 2012.
The defending champions have since gone through major changes with Serbian coach Radojko Avramovic stepping down and German tactician Bernd Stange taking over the hot seat.
Stange has revamped the Lions' playing style with the boys from the Lion City adopting a high tempo short passing game. They will be looking to defend their ASEAN crown at their new home in the majestic Kallang Sports Hub.
While the 2012 winning team comprised of a slew of veterans like Aleksandar Duric and Daniel Bennett, the 2014 line-up will be sprinkled with youngsters like Zulfahmi Arifin, Shahfiq Ghani and Sahil Suhaimi.
If the Lions are to retain their crown on home soil, striker Sahil Suhaimi and defender Safuwan Baharudin will need to bring their 'A' games.
The Courts Young Lions forward scored nine times in the S.League this season. Sahil's rising fame didn't go unnoticed as Stange gave him his senior debut against Laos in 2013 and the diminutive forward has already netted for the national side.
Thailand
The Thai brigade are still smarting from the 2012 loss in the finals to Singapore so they will be all out to match the Lions in the trophy count, having already won the AFF Suzuki Cup three times -- in 1996, 2000 and 2002.
The War Elephants received a huge boost to their ranks last month when legendary captain Kiatisuk Senamuang agreed to coach the team for their 2014 Suzuki Cup campaign, having done well at this year's Asian Games, with a fourth place finish. Kiatisuk shocked the fans back home by announcing his squad comprising mostly of the youngsters who did so well for him at the Asian Games. The former Thai captain has made it clear that the game plan will revolve around BEC Tero Sasana playmaker Chanathip Songkrasin.
At just 21 years of age, the man known as 'Messi Jay' in Thailand, has already made waves around the region. And his 16 goals in 51 appearances for his club side while operating mostly as a winger has even caught the attention of some European clubs.
The other player who will be crucial to Thailand's title hopes is the giant-framed goalkeeper Kawin Thammasatchanan, who was once on the radar of Manchester United.
At 1.85m tall, Kawin has already amassed 135 appearances for Muangthong United and represented his country on 35 occasions. He commands the defensive line like a lieutenant and claims crosses with authority.
If Chanathip and Kawin can play to their true potential, the rest of the Thai team will follow their lead. That could see the War Elephants win that elusive fourth title to be joint ASEAN record holders with Singapore.
Malaysia
Malaysia are in transitional mode, having gone through from the highs of winning the 2010 edition into a downward spiral, with iconic coach K. Rajagobal stepping down and Pahang legend Dollah Salleh taking over.
Dollah's reign has not started as brightly as expected. He has recalled a number of veterans into the squad, like the Felda United duo of Indra Putra Mahayuddin and Shukor Adan.
Despite poor results and low morale going into the tournament, Malaysia have the pedigree to make a firm assault on the title. Safee Sali and Amri Yahyah provide an attacking tandem that could very well take them to the final. The pair are teammates at Johor Darul Takzim (JDT) and the latter has been in inspirational form since joining the club in January with six goals in 28 appearances. Safee, a one-time Indonesian Super League star, has had limited opportunities to start for JDT so this Suzuki Cup will give him the perfect opportunity to put himself in the shop window as he seeks to build on his 21 goals from 56 appearances for Harimau Malaya.
Having lost four of their last five friendlies, Dollah needs to get a result in their opening game against Myanmar in order to restore the confidence in a faltering side that has left Malaysian fans protesting for a change in coach.
The odds are stacked against the men in yellow and black. It is up to them to prove the doubters wrong.
Myanmar
Since Radojko Avramovic took over as national team coach of Myanmar, the White Angels have been on a rapid rise, with their U-20s qualifying for the World Cup and the senior squad coming out tops in the AFF Suzuki Cup qualifiers in Laos.
Myanmar have always been lauded as a dangerous team who play with speed and aggression. But Avramovic has taken those qualities and added more discipline plus a more direct attacking style of play.
Avramovic will rely heavily on his attacking trident of Kyi Lin, Nanda Lin Kyaw Chit and Kyaw Ko Ko and it is Kyi who holds the key to everything in his position as playmaker.
The 22-year-old is considered one of the best youngsters in the region. He's already scored six times in 19 appearances for his country with talk of European clubs showing an interest in signing him.
Ko Ko will start as the main striker for Avramovic's side. They will rely on his terrific pace to get past the ageing defenders from Malaysia and Singapore.