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Jul 2013

Uncertain log market in Malaysia

Sarawak log exporters are saying that market sentiment is uncertain as some log buyers are waiting to see if the Indonesian authorities decide to allow the export of plantation logs. [Mai mult... ]

Jun 2013

Malaysia: Export demand remains subdued

Analysts report that demand in the main export markets remains weak but that there are signs of increased buyer interest in Europe and that, after a quiet spell, Indian buyers have become more active. [Mai mult... ]

May 2013

Malaysia’s main trading partner - China

The Malaysia External Trade Corporation recently reported that China continues to be Malaysia‟s largest trade partner... [Mai mult... ]

Malaysia: Election fever dampens trading in domestic market

Malaysia went to polls for the thirteenth time on 5 May to fill 222 parliamentary seats... [Mai mult... ]

Apr 2013

Launch of Malaysian timber legality assurance system (MYTLAS)

Malaysia has not yet concluded a Voluntary Partnership Agreement (VPA) with the EU and negotiations between the two parties continue... [Mai mult... ]

Malaysia: MIFF such a success exhibitors signing up for next years’ fair

Tan Chin Huat, chairman of the Malaysian International Furniture Fair (MIFF) said that exhibitors at last months’ fair reported record orders of RM2.63 billion (approximately US$854 million)... [Mai mult... ]

Mar 2013

Malaysia: Inflation is in check and 2013 prospects appear good

The Malaysian economy grew by 5.6% in 2012 compared to 5.1% in 2011 according to a recent report from the Central Bank... [Mai mult... ]

Malaysia: Growth in furniture exports to the US

Preliminary figures for Malaysian timber exports in 2012 suggest they totalled RM 19.9 billion (approximately US$ 6.3 billion) however, the statistics are still being finalised... [Mai mult... ]

Feb 2013

Malaysia: Production set to halt for Chinese New Year holidays

As the Chinese New Year holidays approach the timber industries in Malaysia are beginning to wind down production and prepare for a shut down from the first week in February. Sawmills, especially in Peninsular Malaysia, will shut for an extended break in early February... [Mai mult... ]

Malaysia: Industries close to welcome Chinese Year of the snake

Industries close to welcome Chinese Year of the snake The timber industry in Malaysia traditionally closes for the Chinese New Year celebrations... [Mai mult... ]

Jan 2013

Malaysia: Weak global demand affects exports

The most recent export data shows that Malaysian exports totalled RM 390.3 billion for the period January to September 2012; this generated an average monthly positive trade balance of around RM 10 billion... [Mai mult... ]

Dec 2011

Malaysia: Some progress in negotiations with EU on VPA

The Malaysian Ministry of Plantation Industries and Commodities has indicated that some progress has been made in talks with the European Union (EU) concerning the Voluntary Partnership Agreement (VPA)... [Mai mult... ]

Malaysia: Investment in furniture production will bring substantial benefits to Sarawak

The Ministry of International Trade and Industry is urging the timber sector in Sarawak, as the state with the largest timber resource, to consider expanding investment in the furniture industry... [Mai mult... ]

Nov 2011

Malaysia: MTCS rejected for Dutch government procurement

In 2010, the official Dutch government timber procurement body TPAC judged that the Malaysian Timber Certification System (MTCS) does not meet the Dutch procurement criteria for wood... [Mai mult... ]

Malaysia: 2011 export target can be meet says Minister

The Malaysian Plantation and Commodities Ministry said that the Malaysian timber industry is projected to meet its export target of RM20 billion to RM21 billion, which is close to the RM20.5 billion exports in 2010... [Mai mult... ]

Oct 2011

Malaysia aims to maintain furniture exports at 2010 levels

Malaysia’s exports of wooden furniture in 2011 are expected be no higher than the RM6.5 billion achieved in 2010 as continued uncertainty in the global economy weighs on the timber manufacturing and export sectors... [Mai mult... ]

Malaysia: Log market to be sustained by Indian imports says producer

Sarawak based Jaya Tiasa Holdings Bhd. is of the view that export market prices for logs from Sarawak will remain firm due to the tight supply situation... [Mai mult... ]

Sep 2011

Malaysia: Exporters fear another downturn in the US economy

Malaysian timber exports slowed in the first four months of this year and timber exporters in the country are wary of a yet another economic downturn in the US that could impact timber markets around the world as in 2009... [Mai mult... ]

Malaysia: Exports of furniture and other wood products fall

For the first 5 months of 2011 Malaysia’s exports of wooden furniture and other wood products amounted to Euro 201.65, a decline of around 6% compared to the same period in 2010... [Mai mult... ]

Aug 2011

Malaysia accounts for the world’s largest certified tropical forest says MTCC

The Malaysian Timber Certification Council (MTCC) says that there are 5 million ha. of certified tropical forest in Malaysia, making this the world’s largest on record... [Mai mult... ]

China the fastest growing market for Malaysian furniture

With 85 per cent of Malaysia’s furniture being exported manufacturers are constantly looking for new market opportunities, especially in the non-traditional Asian markets such as China and India... [Mai mult... ]

Jul 2011

Malaysia: New homes out of reach for young workers

Prices of residential housing in Malaysia have increased to a point where they are almost beyond the reach of many young working adults, says an analyst... [Mai mult... ]

Malaysia: Industry urged to develop code of conduct

Industry urged to develop code of conduct The Ministry of Plantation Industries and Commodities said that Malaysian timber businesses should lend their support to the introduction of a code of conduct for the industry as global consumers are becoming more aware of issues related to sustainability and the environment... [Mai mult... ]

Jun 2011

Malaysia: Domestic and export price differentials eroded

Prices of Malaysian timber and timber products continue to rise sharply due to strong demand and higher fuel prices which are driving up transportation and production costs... [Mai mult... ]

Malaysia: Strengthening ringgit hist furniture exports

With the Malaysian ringgit strengthening against most major currencies, including the US dollar, the Euro and Sterling, a decline in furniture exports in the current year is being forecast... [Mai mult... ]