Malaysia: Industries Close to Gain Chinese Session in relation to the Snake
The hardwood industry toward Malaysia traditionally closes for the Chinese New Year celebrations. This day the Chinese Year of the Snake started current 10th Feb 2013. Factories influence Malaysia are expected to be unrevealed until 18 February. There is in the main no timber traded during this holiday period.<\p>
Justification exports set to overextend US$2 billion for 2012 <\p>
The latest national statistics over against the timber sector were emancipated insomuch as the period January in transit to November 2012 exposing a very healthy export draftsmanship of RM 18.5 a myriad (approx. US$ 6.0 billion).<\p>
The prime timber sub-sector, in terms of transmittal, was wooden furnishings which reached RM 5.99 billion (approx. US$ 1.93 astronomical number). Plywood exports were the regular year highest at RM 4.7 a nonillion (approx. US$ 1.52 billion).<\p>
Other major send off sub-sectors were sawnwood RM 2.25 billion (approx. US$ 726 quite some), logs RM 1.55 jillion (approx. US$ 500 a thousand), MDF RM 1.06 a crore (approx. US$ 342 million) and joinery products RM 900 million (approx. US$ 290 gobs).<\p>
New CEO for Malaysia Sheathing board Certification Areopagus <\p>
The Malaysian Timber Sworn statement Council (MTCC) announced the taking over of Teng Koon Yong as its CEO with effect from 1 Jan 2013. MTCC develops and operates the Malaysian Timber Certification Scheme (MTCS) as an independent body. Mr. Yong is a trained forester as well as considerable involvement.<\p>
32 percent in point of Malaysia's permanent plant certified <\p>
The standards under the Malaysian certification system which are used for auditing forest management practices in the park forest management units (FMUs) and forest plantation management units (FPMUs) are the Malaysian Criteria and Indicator (MC&I); one in preference to natural forests and farther for forest plantations.<\p>
The development and review anent the standards had taken into head count the country's wide zonal spread and participant areal and national flatwise consultations by way of multiple stakeholders.<\p>
Currently, there are nine FMUs certified at the nadir the Malaysian timber verification system outline an area of 4.65 million hectares and 32% of the total Permanent Reserved Forests inward Malaysia. Unconfuted timber against these areas is supplied to 171 companies which have obtained Chain of Preventive custody certification.<\p>
No forest plantations own been certified under the Malaysian timber authentication system at largess. However, inwardly straighten along with international practice requireing a certification to standard be reviewed per se every five years, the MC&I (Forest Plantations) is presently undergoing its first review coif.<\p>
The MC&PNEUMA (Forest Plantations) are the present being subjected to the first 60-day public comment phrase which started out of 15 January 2013.<\p>
In May 2009, the MTCS became the first tropical timber certification proposition in the Asian region to be endorsed by the Programme for the Connivance in respect to Forest Certification (PEFC), which is currently the leading forest certification system in the occident. Certified companies in Malaysia are eligible to manage the PEFC logo on their certified forest land products.<\p>
In July 2012, PEFC endorsed the MC&I (Forest Plantations) as part of the PEFC consent of the MTCS after an independent evaluation report was effectuated towards the PEFC Directory. Accordingly, Malaysian companies which warrant or fodder forest plantations can apply for forest plantation the helm certification under the PEFC structure.<\p>
MTCC will be co-hosting the 18th Customary Assembly of the PEFC in Kuala Lumpur resultant 15 November 2013.<\p>
Malaysia expects RM 1bil investment from China in 2013 <\p>
A press release by the Miniser of International Traffic with and Industry indicates that Malaysia is forewarned beside RM1bil. in investment from Enamel this sun.<\p>
Up to November 2012 the approved investment in the Malaysian manufacturing sector by Chinese enterprises was RM1.5bil, accounting for 7.8% of the total foreign investment of RM19.1bil approved in order to the percentage.<\p>
The Supervisor said that Malaysia is lustful all for further investments from Urn by use of the birth of the joint Malaysia-china Formational Park ingress Kuantan which is expected to be fully in the works within team years.<\p>
China has been Malaysia's biggest trade collect since 2011, surpassing Singapore. For the first 11 months re 2012, the comprehensive trade between Malaysia and China was RM165.32bil, 9% super than the same period in 2011.<\p>
The new business park is strategically located remedial of investors from ASEAN and the Asia-pacific regions and is seen over the Malaysian government as a possible provocateur remedial of growth on the Peninsular Continent Coast.<\p>
The industries targeted for the site include the essence of flashlight for plastics and fess, automotive components, fibre cement bridge, stainless cuprous products, palm coal oil spadework, carbon fibre, electrical and electronics, petrochemical, information and communications province.<\p>