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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
While the world trade of forest products during the 1996Ð2009 period has globally increased, mainly powered by the expansion of Chinese market, competition between exporters has increased too. In the same period, the position of Malaysia in world forest product trade has declined both...
Persistent link: https://www.econbiz.de/10009190198
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
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...
Persistent link: https://www.econbiz.de/10010833305
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
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...
Persistent link: https://www.econbiz.de/10009190194
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
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...
Persistent link: https://www.econbiz.de/10009190196
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...
Persistent link: https://www.econbiz.de/10009190199
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...
Persistent link: https://www.econbiz.de/10009144028