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Govt aims to produce 600 bumi entrepreneurs in timber, furniture industry by 2025, says Wee Jeck Seng
PUTRAJAYA: The government is aiming to produce 600 bumiputra entrepreneurs in the timber and furniture industry by 2025 through several initiatives that include training, incentives and providing loans, says Deputy Primary Industry and Commodities Minister Datuk Seri Dr Wee Jeck Seng.
BANDAR SERI BEGAWAN (Borneo Bulletin/ANN): The Covid-19 pandemic, which struck the world over a year ago, made an impact on the local timber industry. The pandemic also affected the chain of demand and supply activities for timber products, as well as businesses within the timber industry in Brunei Darussalam.
DESPITE the Covid-19 pandemic that has plagued Malaysia’s industries for a full year, the timber industry registered encouraging export figures of RM22.02bil to rank third after palm oil and rubber in the primary sector, declining just 2% from 2019’s RM22.50bil.
THERE is no denying that forests play an integral role in sustaining life on the planet, as they are home to about 80% of the world’s land-based animals and plants.
While DBKL and PPj battle gardening enthusiasts who take their passion too far, bonsai collectors too face losses and frustrations
The implementation of the country’s economic recovery initiatives, including the recently-launched national vaccination programme, would further enhance the industry.
Malaysia’s rainforests are among the most diverse on the planet. A key environmental asset, forests contribute to climate stability, protect water and soil resources, as well as sustain a diverse ecosystem of flora and fauna.
The timber-based manufacturing sector needs to shift its business strategies towards automation and digitalisation to strengthen its operations in the long term, says Plantation Industries and Commodities Minister Datuk Dr Mohd Khairuddin Aman Razali.
THE timber industry is on the lookout for more local graduates as it moves into the Fourth Industrial Revolution (IR4.0).
PUTRAJAYA: The timber industry is on the lookout for more local graduates as it moves into the Fourth Industrial Revolution, or IR 4.0.