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KUCHING: The United States has fast emerged as a new key market for Sarawak plywood as the state’s exports to number one market, Japan, has shrunk due to weak demand in recent years.
KUCHING: More Malaysian plywood manufacturers have stopped taking new orders from Japanese buyers as the log shortage has disrupted their production activities.
KUCHING: The export prices of Malaysian plywood to Japan have been on a steady rise since late last year due to supply shortage.
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.
KUALA LUMPUR: The Malaysian Timber Council (MTC) has allocated a development fund of RM28.3 million to boost the competitiveness of the timber industry, said the Plantation Industries and Commodities Ministry (MPIC).
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.
The implementation of the country’s economic recovery initiatives, including the recently-launched national vaccination programme, would further enhance the industry.
Export of timber, timber products to hit RM23bil in 2021, says MPIC
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