Malaysia’s timber exports to increase 5% this year

Ta Ann and Jaya Tiasa to gain from weakening ringgit after Brexit.

JITRA: Malaysia’s timber exports are expected to increase 5% this year from RM23.22bil in 2017, Malaysian Timber Industry Board (MTIB) director-general Datuk Dr Jalaluddin Harun said.

He attributed this to high demand for the country’s timber products from developed countries such as Japan, the United States, European Union countries and Australia, as well as India due to their high quality which met the market specifications.