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Tag: malaysia

Editor’s pickSustainable timber plays a vital role in building greener cities: MTCC

MTCC, MTCS, malaysia

Consumers can contribute positively towards building greener cities by consciously demanding for PEFC endorsed, MTCS-certified timber products. Using certified timber encourages greener cities in Malaysia, a strategic move now more crucial than ever with over half of the world’s population living in cities today, according to the Malaysian …

Editor’s pickMTC turns silver, heads for gold

Malaysia, wood products, exports, MTC, Malaysian Timber Council

Datuk Dr Abdul Rahim Nik, CEO of the Malaysian Timber Council, rolls out the Council’s activities for 2017 and speaks about his aspirations as the Council turns 25 this year.   2017 marks an important milestone for the Malaysian Timber Council (MTC) as it turns 25 this year. Datuk Dr Abdul Rahim, who took office as MTC’s …

Malaysian and Indonesian joinery products exports to EU rises

Malaysia, Indonesia, ITTO

EU imports of other joinery products (mainly doors and LVL for window frames) increased a further 4 percent to EUR690 million in 2016, following a 22 percent increase in 2015. Indonesia, Malaysia, Russia and Ukraine made significant gains while China lost a bit of ground. China is still the single largest supplier of joinery products to the …

Sarawak timber firms hit by new log export quota

Sarawak, Malaysia, timber export

Sarawak's timber firms have suffered severely as the state authorities reduce log export quota and tighten timber harvesting activities . Sluggish plywood market and the state government’s foreign exchange earnings have also affected business. In 2016, Sarawak’s export revenue from logs and timber products fell 17.5 percent to …

Malaysia to enjoy likely 4.5 percent GDP growth in 2017

ITTO, GDP, Malaysia

Malaysia is likely to enjoy a GDP growth of 4.5 percent this year against an estimated growth of 4.2 percent projected for 2016, according to forecasts by the Malaysian Institute of Economic Research (MIER). This figure, however, is a downward revision from a previous forecast of between 4.5 and 5.5 percent. The projection is based on the …