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Since the 1960s, the global timber trade has gradually evolved from a South-North trade to a South-South trade, with an acceleration of the phenomenon in the mid 1990s. Nowadays, Asia consumes more than 70% (in round wood equivalent) of the forest products originating from the tropics. Africa...
Persistent link: https://www.econbiz.de/10009190197
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...
Persistent link: https://www.econbiz.de/10010607791
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...
Persistent link: https://www.econbiz.de/10009190193
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...
Persistent link: https://www.econbiz.de/10009190195