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KUALA LUMPUR: In an effort to transform the timber industry, the government’s Factory Transformation Programme (FTP) aims to help the industry upgrade its factories to meet the Fourth Industrial Revolution (IR4.0).
KUALA LUMPUR: The timber industry stands to benefit from the government's Factory Transformation Programme (FTP) initiative, geared to meet the Fourth Industrial Revolution (IR 4.0).
KUALA LUMPUR: The government through SIRIM STS Sdn Bhd has allocated a RM1.4 million grant for the Factory Transformation Programme (FTP) specifically for timber companies.
KUALA LUMPUR: The government has approved a total of 7,266 applications for RM1.366 billion in loans under the Small and Medium Enterprises (SMEs) initiative of the National Economic Regeneration Plan (PENJANA) as of March 19, 2021.
The Malaysian Timber Council (MTC) has urged industry players from the timber and furniture sectors to continue ensuring that Covid-19 measures are adhered to in factories despite the ongoing national vaccination programme.
Malaysia External Trade Development Corp (Matrade) targets getting 25 mid-tier companies (MTCs) to participate in its Mid-Tier Companies Development Programme (MTCDP) this year.
Standing tall after more than a hundred years – that’s the proud legacy of Malaysia, which has been among major nations that have protected and conserved their tropical forests through best practices in sustainable forest management (SFM) and responsible trade.
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.