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Prices of residential housing in Malaysia have increased to
a point where they are almost beyond the reach of many
young working adults, says an analyst...
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Analysts believe that Malaysian log and plywood prices
are set to rise substantially in response to demand for
reconstruction projects after the tragic earthquake and
subsequent tsunami in Japan.
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Prices of Malaysian timber and timber products continue
to rise sharply due to strong demand and higher fuel prices
which are driving up transportation and production costs...
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With the Malaysian ringgit strengthening against most
major currencies, including the US dollar, the Euro and
Sterling, a decline in furniture exports in the current year
is being forecast...
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In November 2008, the State Government of Sarawak
announced its intention to introduce a single flat royalty
rate for all logs at RM65 per cu.m to be effective from 1
January 2009...
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The Malaysian International Furniture Fair (MIFF) 2011
will be held simultaneously at the Putra World Trade
Centre (PWTC) and the Kuala Lumpur Convention Centre
(KLCC) on 1–5 March 2011...
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The Korean Trade Commission (KTC) has imposed anti-dumping duties ranging from 5% to 38% on plywood imports from Malaysia for a period up to 3 years...
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