The Ministry of Plantation Industries and Commodities has reported that the Malaysian Timber Council (MTC) has raised RM895,550 out of the targeted RM1 million, through its Covid-19 Humanitarian Fund initiative.
The MTC launched this fund-raising effort in cooperation with timber associations and companies nationwide.
More than 100 logging companies and seven associations have contributed to the fund even though their businesses, especially SMEs, are affected. Another 30 contributing companies are from the furniture sector and 71 from other timber sectors. Contributions will be channelled to the Ministry of Health to be delivered to people in need, according to the Ministry.