Malaysia's 5% approved investment target, though challenging, can be attained if investments from China, Japan, the Republic of Korea, Singapore, Europe, Middle East and Australia increase.
Since it entered into force in early 2022, the Regional Comprehensive Economic Partnership (RCEP) has helped strongly promote integration of value and supply chains, strengthen confidence in regional economic recovery and create new impetus for trade and investment growth in the region and the world, according to an article on the Zhongguopinglun (China review) website of Hong Kong (China).
Indonesia's economic growth was estimated to remain at a moderate level around 5 percent until 2021, mainly backed by consumption, a World Bank (WB) senior economist has said.
The World Bank (WB) has projected that the Indonesian economy would grow 5.2 percent this year, higher than the figure of 5.18 percent put forward by the country’s government.