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Economist: Malaysia to grow 4.5-5.5% in 2018 and 2019

KUALA LUMPUR: Malaysia's growth trajectory is expected to remain stable at 4.5 to 5.5 per cent this year and in 2019 despite fiscal restructuring and consolidation, thanks to sustained private sector and export demand.

Labour to vote on keeping second Brexit referendum on table

LIVERPOOL, England: Britain's opposition Labour Party will vote this week to keep a second Brexit referendum on the table if Prime Minister Theresa May fails to pass her plan to leave the European Union through parliament, media reported.

Earlier, Labour leader Jeremy Corbyn said he would back a second Brexit referendum if his Labour Party voted to pursue the move, heaping pressure on May, whose plans for a divorce deal with the EU have hit an impasse

A brilliant rebound

AROUND 12 years ago, Datuk Joseph Lim Heng Ee had the biggest setback in his career as an entrepreneur. Due to a lack of trust over how the company’s funds were managed, Lim was forced out from a biomass business he co-founded with two other partners.

New revenue stream: GGS has obtained four licences for biomass-to-energy and biogas-to-energy projects.

Green energy source going to waste

BEING a major agricultural commodity producer in the region, Malaysia produces at least 168 million tonnes of biomass, including timber and oil palm waste, rice husks, coconut trunk fibres, municipal waste and sugarcane waste annually.

Untapped opportunity: With more than five million hectares of land under oil palm plantation, oil palm waste constitutes the largest share of agro waste in the country. — Bloomberg

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