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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

Indonesia contends with aggressive Chinese online lenders

INDONESIAN authorities have generally opened their arms to fintech companies offering online loans in South-East Asia’s biggest economy, viewing them as a way of getting credit to tens of millions of people often unable to access bank lending.

BoE officials step out in force after August hike

LONDON: Bank of England (BoE) policy makers have the chance this week to share their thoughts on interest rates now that governor Mark Carney (pic) has said he’s sticking around for longer.

Governor  Mark Carney (pic) has said he’s sticking around for longer.

China's CCCC still upbeat about ECRL project

BEIJING: China Communications Construction Co Ltd (CCCC), the contractor for the 688km East Coast Rail Link (ECRL), hopes the suspension of the project will not be prolonged.

Vice-president Sun Ziyu said the company believed that the issues regarding the ECRL could be resolved amicably but the review should not take too long as it would cause more losses.  (Picture shows Sun (left) and CCCC (International) president Chen Zhong at the press briefing.)