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Pakistan is experiencing a major economical imbalance caused by the Corona virus pandemic. The country was suffering from issues even before due to depreciation of Rupee; now the situation has further deteriorated. Today 1 US-$ equals around 160 Rupees. As Fordaq experts anticipate, in a few
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In the second half of 2015, the average roundwood purchase prices in Latvia have continued their downward trend. According to data compiled by Latvia’s Central Statistical Bureau (CSB), the sharpest fall in the softwood segment was recorded in purchase prices for spruce logs (diameter up to 14 cm), while in the hardwood segment– in the purchase prices of black alder logs (with a diameter over 24 cm)
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According to the latest data of the Latvian Central Statistical Bureau (CSB) the average roundwood purchase prices in Latvia, showed a slight decrease in the 1st half of 2015 as compared to the 2nd half of 2014. Among coniferous tree sawlogs the greatest drop was recorded in purchase prices of pine sawlogs with diameter of 18 - 26 cm - 9% or on average 6 EUR/m3 without VAT, and in purchase prices of spruce sawlogs with diameter over 26 cm - 7%, which is 5 EUR/m3 without VAT
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During the second half of 2014 the average cost of birch veneer logs in Latvia was up 13 per cent compared to the first six months of the year. On average, Latvian category A veneer logs cost €86.56 per cubic metre during this period.
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The Indonesian rupiah recently fell sharply against the US dollar on fears Indonesia's trade with China, its biggest trading partner, will decline as China settles for a slower and more structured growth model
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The average purchase prices of round timber in the 2nd half of 2013 as compared to the 1st half of 2013 show modest but stable increase. In the 2nd half of 2013 the average purchase prices of coniferous tree sawlogs have increased on average by 2% or by 1-3 €/m3 for spruce and pine sawlogs (as compared to the 1st half of 2013). Birch sawlog purchase prices remained at the previous level - 49-59 €/m3. Black alder and aspen sawlog sector witnessed a slight purchase price growth of up to 2%...
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On 27 February the European parliament ratified the EUIndonesia Forest Law Enforcement, Governance and Trade (FLEGT) Voluntary Partnership Agreement (VPA). This agreement acknowledges that Indonesian timber and wood products are being certified through the domestic timber legality verification system (SVLK) as legally harvested and processed, thus complying with the EU Timber Regulation, which became effective in March last year
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The suggestion that limited log exports could be resumed has generated considerable debate. The idea was first made by the Association of Indonesian Forest Concessionaires (APHI) who said such a change in the ban on log exports would generate better prices and offer opportunities for market diversification
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The Australian government has indicated it will not extend the Indonesia-Australia Kalimantan Forest Conservation Partnership in its present form and will halt a project in Indonesia to restore and protect forests and peatland in Kalimantan.
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Gusmardi Bustami, Director General of the national export development division of the Ministry of Trade has said that Indonesian exports are expected to be higher than last year because of growth in recently developed new markets.
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Media reports suggest that the Ministry of Forestry is
considering lifting the log export ban to provide an
incentive for the further development of industrial
plantations...
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SVLK undermining export competitiveness
It is now four months since Indonesia’s timber legality assurance system (SVLK) became operational but the timber industry is expressing concern that the investments made by companies in Indonesia to secure SVLK certification is not delivering the benefits expected...
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Rahardjo Benjamin, Deputy Chairman of the Indonesian Concession Holder’s Association (APHI) said that the timeframe for the entry into force of the SVLK certification system was such that members of the Association are having great difficulty complying...
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The latest statistics from the Indonesian Timber Legality Information System (SILK) quoted by Dwi Sudharto of the Ministry of Forestry (MoF) indicate that 17,121 export documents submitted in compliance with the timber legality assurance system (TLAS) have been approved to-date by the Indonesia National Single Windows (INSW)...
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The Ministry of Forestry and the Indonesian Embassy in the UK recently held an event to promote Indonesia’s timber legality assurance system (SVLK)...
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Officials at Indonesia’s Forestry Ministry have said the country should continue with its ban on the issuance of new forest concessions to fully participate in international efforts on climate change mitigation...
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The Ministry of Forestry recently hosted a press conference for the Secretary General of the Ministry of Forestry and the head of EU Delegation for Indonesia, Brunei Darussalam and ASEAN, Ambassador Julian Wilson...
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Indonesia and the European Union have finalised an agreement aimed at ending trade in illegally-sourced wood through the implementation of the Voluntary Partnership Agreement (VPA)...
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The Indonesian Industry Ministry is widely expected to
phase out the export of raw rattan over a three years period
commencing early 2012 in a bid to revive the local rattan
industry...
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