Government to ban export of rubberwood from July 1

JOHOR BARU: The government will ban the export of rubberwood effective July 1, said Minister in the Prime Minister's Department Datuk Seri Dr Wee Ka Siong.

Dr Wee said on Thursday that the decision was made to address the shortage of raw materials faced by the Malaysian furniture industry.

He added that the decision was made by the Cabinet before Hari Raya following complaints from the furniture industry and exporters.

Dr Wee said this in a press conference after attending the Permas state seat Hari Raya open house hosted by Johor Mentri Besar Datuk Seri Mohamed Khaled Nordin.

He said that the shortage of raw materials was highlighted during a meeting with the Muar Furniture Association and Malaysia Furniture Council recently as one of the two main factors affecting the furniture industry.

He said some RM200mil to RM300mil of raw rubberwood is exported yearly to countries such as Vietnam and China, adding that this was hurting the Malaysian furniture industry.

"We sell the raw materials to other countries to process and sell back to us. So by keeping the raw materials in our country, we are able to add value to our industry, address the shortage and create more opportunities," he said.


Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 18
Cxense type: free
User access status: 3

Did you find this article insightful?


Next In Nation

Health Ministry: 2,364 new cases, 10 fatalities
Covid-19: Cases up by 2,364 bringing total to 298,315 (updated daily)
Titles will not save drug syndicate masterminds from the law, assures IGP
IGP: 15 wanted Thai militants might try to sneak into Malaysia
Covid-19: Malaysians keen on mass vaccination to stem pandemic spread
Wisma Putra: Hisham to make three-day official visit to Brunei
Bus ferrying Covid-19 patients involved in accident in Serdang, six lightly injured
Covid-19: Introduce three-tier system for SOP violators instead of RM10k fines for all, says Lee Lam Thye
MCA launches memorial website on founding president Tun Sir Tan Cheng Lock
Be reasonable when imposing compounds on SOP violators, says Bersatu youth wing

Stories You'll Enjoy