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KUCHING: The prices of Malaysian plywood products in the Japanese market are expected to increase if the yen remains weak, according to an International Tropical Timber Organisation (ITTO) report.
Petaling Jaya: Malaysia’s leading integrated timber producer, Jaya Tiasa Holdings Bhd, is facing another year of weak log production after the Sarawak Forestry Department tightened regulations by limiting harvesting.
KUCHING: Shrinking log production has hurt the bottomline of most Sarawak-based timber companies. Their production may be further curtailed going forward due to the requirement to comply with strict rules related to timber/forest certification and sustainable forest management.
SIBU: University College of Technology Sarawak (UCTS) and Rimbunan Hijau Group of Companies have established a collaboration in the area of human capital development of the country under the university’s Corporate Talent Development Scheme.
KUALA LUMPUR: AmInvestment Research is maintaining its Overweight stance on the timber sector, with Buy calls for Jaya Tiasa Holdings (fiar value of RM2.18 a share) and Ta Ann Holdings (fair value RM3.88).