News archive

Tag: Malaysia

MIFF 2020 rescheduled to June 30 - July 3

Malaysia, timber, furniture, Malaysian International Furniture Fair, trade show, exhibition, MITEC

Malaysian International Furniture Fair (MIFF) 2020 has been rescheduled from March 6-9 to June 30 - July 3 at the Malaysia International Trade and Exhibition Centre (MITEC). According to Informa Markets, the Organiser of MIFF 2020, the decision is taken with regret after careful consideration and close consultations with stakeholders. There are a …

MTCC aims to expand scope of certification with 5-year strategy plan

Malaysia, certification, Malaysian Timber Certification Council, PEFC, FMU, FMPU, Chain of Custody, forest management, strategy

The Malaysian Timber Certification Council has the ambition to expand certification and has developed a 5 year strategy to increase the number of certified FMU to 40 and the number of timber companies certified under CoC to 600, reported ITTO. There are currently 4.37 million hectares of PEFC Certified Forests (as of 31 Dec. 2019) in 16 FMUs and …

South Korea launched anti-dumping investigation on Vietnamese plywood

Anti-dumping, duty, Vietnam, plywood, Korea, Korean Wood Production Association, Malaysia, China

In December, the Korean Trade Commission announced an anti-dumping investigation on plywood imported from Vietnam. This came about as Korea’s domestic manufacturers complained that imports from Vietnam are affecting the domestic industry, reported ITTO. It has been reported that the Korean Wood Production Association is proposing an …

Editor’s pickThe inaugural edition of Malaysian Wood Expo 2019 takes off

Malaysian Wood Expo 2019, MWE 2019, Panels & Furniture Asia, MTC, Woodworking, Wood, Machinery

The inaugural edition of Malaysian Wood Expo will be happening on November 19 to 21 at the PUTRA World Trade Centre, Kuala Lumpur, Malaysia. The trade show is jointly organised by the Malaysian Timber Council and Panels & Furniture Group of wood magazines, two of the powerhouses in Southeast Asia’s timber and woodworking sector. It is …

Malaysian Customs had successful trial of localised Guidelines for verifying timber legality

Guidelines for verifying timber legality, Malaysia, customs, TRAFFIC, illegal logging, timber trade

A first-of-their-kind guidelines to verifying the legality of timber in trade had been successfully trialled by customs officers in Malaysia. The guidelines are now available for enforcement officers nationwide and worldwide, according to TRAFFIC, an international wildlife conservation NGO. The Guidelines for Verifying Timber Legality, completed …

Malaysia expands tax incentives to attract more overseas companies to set up hubs

Malaysia, tax incentive, regional business, trade war, U.S., China

Malaysia will be expanding tax incentives for companies shifting to the country to set up regional or global business, reports Reuters. Effective as early as this year, companies eligible for the government’s Principal Hub (PH) incentive will be able to enjoy a 10% tax rate for their operations instead of the wider corporate tax rate of …

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