At a global level, forest products consumption appears to follow one of the most general empirical rules whereby the richest consumes the most. When applied to countries, the rule changes into the wealthier the nation, the higher the timber consumption. The macroeconomic data confirms such...

The MalaysiaÕs wood-based industry is expected to contribute substantially to national income earning through value-added products such as furniture, mouldings, panel products as well as buildersÕ joinery and carpentry. During the Second Industrial Master Plan (IMP2, 1996Ð2005), it was...

An important indicator of the dynamics of the economy and its day to day evolutions is the performance of stock exchanges market. In the case of Malaysia, the KL Composite Index shows that since the world economic downturn in early 2008, the Malaysian economy started to recover in March 2009...

Since many decades, Malaysia has been recognized as a major supplier of tropical wood products in the world. Malaysia has exported wood products to all the regions in the world mainly to Asia, Europe, Middle East, Oceania (New Zealand and Australia), America and Africa. Traditionally, Europe has...

Reducing Emissions from Deforestation and Forest Degradation (REDD) is a mechanism which aims to mitigate the negative effects of climate change, by reducing or avoiding carbon emissions. It is a market tool sourcing money from the international community in order to prevent deforestation or...

Since the formation of Malaysia in 1963, there was an obvious reduction in the forested area of Peninsular Malaysia. Statistical data from the Forestry Department Peninsular Malaysia showed that the forested area in 1970 decreased sharply from 8,012,600 ha to 6,361,400 ha in 1980 and finally...

The acronym of BRIC is becoming widely-known as its use by the media increases. BRIC stands for Brazil, Russia, India, China and it is the acronym that captures the new importance and effect of these new big engines of globalisation. These giant countries with their dynamics, thirst of resources...

Europe has been in prolonged debt crisis and the markets including timber products were badly affected. Since the 1970?s, European market has been one of the traditional markets for Malaysian timber products, particularly sawntimber. Currently, Malaysia is facing many competitors (especially...

Local news encouraged furniture exports to China in a big way. The Chinese furniture market potential is not trivial. China®s domestic furniture consumption has grown double-digit on a yearly basis and in 2010, the consumption was equivalent to the US domestic market. Malaysia®s furniture...

The world is in global economic crisis where all exports and imports slow downed in the first two months of 2009. In Malaysia there was a 30% drop of Sarawak logs and timber products exports compared to the same period in 2008 (NST April 15, 2009). All the countries in the world witnessed a slow...