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The Malaysian Timber Industry Board (MTIB) has signed a Memorandum of Understanding (MoU) with the Malaysian Furniture Council (MFC) to implement the Agri Commodity Skills Training Programme (Slam) for the wood-based industry to empower human capital development for the sector.
Traditional Malay wood carver Muhaimin Hasbollah says resilience is what gets us through tough times
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.
PUTRAJAYA: Bumiputras keen on the furniture business should sign up for a programme to be trained by successful companies in the timber and furniture sector, says the Deputy Primary Industries and Commodities Minister.
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.
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.
WHEN Bank Negara released the fourth quarter (Q4) and 2020 gross domestic product (GDP) data about a month ago, the Finance Ministry (MoF) too released a report on Malaysia’s economic performance for last year at the same time. One of the interesting data that was revealed in that report was on Malaysia’s debt-to-GDP ratio.