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Tag: Malaysia

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

09-10-2019
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 …

Malaysia’s timber products export hits RM12.5b (US$2.98 b)

03-10-2019
Malaysia, wood products, exports

Malaysia has exported about RM12.5 billion worth of timber products between January and July this year, said Malaysian Timber Industry Board (MTIB) director-general, Mohd Kheiruddin Mohd Rani. As reported by the Sun Daily, some of the high value-added products exported are wood chips (RM512.3 mil or US$122.6 mil) and wooden frames (RM75.1 mil or …

Editor’s pickGoldinjaya: The engineers of Malaysia's Woodworking Machinery Industry

27-09-2019
Goldinjaya, Muar, Malaysia, Machinery, Tow cart conveyor, overhead conveyor, woodworking machinery

Nested in the sleepy town of Muar, Malaysia, Goldinjaya Engineering Trading & Services has come a long way since its founding in 1979. Standing strong through its 40 years of history, Goldinjaya continues to be one of the country’s leading woodworking machinery manufacturing companies, and one of the oldest. PFA recently paid a visit to …

Formaldehyde limits recommended for Malaysia's locally sold wood-based panels

23-09-2019
Formaldehyde limits, Malaysia, domestic market, wood-based panels, Ministry of Primary Industries

A regulation for a formaldehyde emission limit of ≤ 1.5 mg/L (F**/E1 class) on imported and locally produced wood-based panels products was recommended after studies by the government, reported ITTO. The majority of Malaysian manufacturers can reach this standard. Limits on formaldehyde emissions are mandatory in many consumer countries and …

Pyramid Lane first Malaysian furniture manufacturer to opt for automation

17-09-2019
Pyramid Lane, furniture, office furniture, kitchen, Asia market, manufacturer, storage system, edgebanding, automation, HOMAG Asia, Malaysia, Kuala Lumpur

Thanks to a reputation for reliability, commitment and quality, the Malaysian furniture manufacturer Pyramid Lane has put its trust in German machine technology from HOMAG. Pyramid Lane, based near Kuala Lumpur, Malaysia, has been manufacturing office furniture and kitchens specifically designed for the Asian market since 1997. The company …

INCREASED EXPORTS OF PLANTATION LOGS FROM SARAWAK

13-09-2019
Sarawak, Malaysia, plantation, logs, acacia mangium, falcata, alternative raw material sources, gaharu, agarwood, bamboo

Logs from industrial plantations are fast becoming a major export for Sarawak as production from the natural forest has been reduced drastically. According to Sarawak Timber Industry Development Corporation (STIDC), in the first half of 2019 Sarawak exported over 399,000 cu m of plantation logs, mainly acacia mangium, most of which was shipped to …

Malaysian Wood Expo Planned for November

17-07-2019
Malaysian Timber Council, Wood Expo

The Malaysian Timber Council (MTC) and Pablo Publishing Pte Ltd are staging a Malaysian Wood Expo (MWE) from November 19-21. The event, which will be held at the Putra World Trade Centre in Kuala Lumpur, is endorsed by the Ministry of Primary Industries of Malaysia, as well as the Malaysian Timber Industry Board (MTIB), Malaysian Wood …

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