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...

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...

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...

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...

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...

The increase in global attention on climate change, also heightens pressure on the implementation of certification on rubberwood plantation. Certification ensures that resources are managed sustainably for economic, environmental and societal benefits. The international push for rubberwood...

Informal and regional timber trades are commonly understood and primarily viewed as domestic trade. The development of these informal and regional trades is not only fueled by factors such as the dynamics of economic growth and local livelihoods, and the globalisation and increasing...

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.