Sound decision-making requires quality information. Poor information does not help in decision making. Among the sources of low quality information, an important cause is inadequate and inappropriate sampling. In this paper we illustrate the case of information collected on timber prices.

Will the Malaysian furniture industry wither amidst the decreasing local supply of rubberwood timber? Despite declining supply of local rubberwood timber, the wooden furniture industry has been able to sustain its production and trade. This means that the wooden furniture industry does not...

How can forest industry contribute to achieving the status of a high income nation by 2020? What are the existing advantages and disadvantages of doing business in Malaysia which can help us to attain this objective? The World Bank analyses on a global basis the various advantages of doing...

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...