News archive

Plywood firms in India see flat future despite GST lift

plywood, India

The future hasn't panned out the way organised plywood and particle board makers envisaged post the coming of the Goods and Services Tax (GST) regime. Benefits of the new tax regime which was supposed to accrue to the industry leaders have played out, but slowly, and in bits and pieces. The sector was largely unorganised where small units …

Deutsche Messe and IFMAC join forces


Deutsche Messe is further expanding its portfolio of international shows by joining forces with Indonesia's leading event for woodworking machinery and components, the IFMAC show in Jakarta. The tradeshow company based in Hannover, Germany has been operating LIGNA, the world's leading trade fair for woodworking and wood processing plant, machinery …

LIGNA 2019: ARDIS® unveils the first ever standard & flexible MES system


The entire woodworking industry is talking about integration, IoT, Industry 4.0, MES and other new technologies, with many MES installations based on heavy customisation – making them extremely expensive. Relying on the experience of their MES custom solutions and leading Optimizer solution, ARDIS has developed the first MES system for the …

Tougher penalties for forest crime in Myanmar

Myanmar, forestry

In a bid to protect the country’s fast-dwindling forests last September the Myanmar parliament enacted a tougher forest law that threatens violators with up to 15 years in prison. Under the law forest officials can also be punished for accepting bribes or for being involved in the extraction, transfer or possession of illegally harvested …

Production costs rising in Sarawak

Malaysia, timber, tax

Beginning this year timber companies in Sarawak had started paying a higher Rehabilitation and Development tax. The tax was increased from RM0.60 (SGD 0.20) to RM5 (SGD 1.64) per cubic metre in January this year. In addition to the revised tax, companies were required to pay a higher premium for hill species. Hamden Mohammad, State Forest …

Timber legality system for small enterprises in Indonesia

Indonesia, timber

Rufi'i, Director of Processing and Marketing of Forest Products at the Ministry of Environment and Forestry (KLHK), has reported that the government’s new timber legality certification programme for Micro, Small and Medium Enterprises (MSMEs) will provide the same legal umbrella for MSMEs as currently provided by SVLK certification for large …

The Furniture Industry in India, 2019 to 2023: Vendors Generating Significant Revenue Through Online Platforms

India, wooden furniture, market report

The Indian furniture market is anticipated to reach USD 32.61 billion (SGD 44.6 billion) by 2018 by registering a CAGR of 13.38 per cent during the forecast period of 2018-2023. Moreover, the market is expected to garner USD 61.09 billion (SGD 83.6 billion) by the end of 2023. Further, the India furniture market is anticipated to achieve a …

Chinese logging takes heavy toll on farmers in Guinea-Bissau

logging, timber, forestry

Before the ban, Chinese loggers drove straight through Gamamadu village to harvest its most important resource: the rosewood forest. “So many Chinese came here. We were praying for a means to stop it,” said Braima Djassi, a small, white-haired farmer in the village in central Guinea-Bissau, a tiny country in West Africa. Logging …