Ha Noi – Viet Nam became the largest exporter of timber and wood products in ASEAN last year with US$3.9 billion in export sales, said the ASEAN Furniture Industries Council (AFIC), which is focused on promoting the interests of ASEAN ...
Tags: market view, timber
Teak is so rare and precious wood species in the world and it only can be cut in Thailand now from planted teak forest. There is a huge request for teak flooring and furntiure but the raw materials are not enough. This big request-demand ...
Tags: Industry Knowledge, Learning Center, Teak Flooring, m
China s State Development and Investment Corporation (SDIC) has continued its plans for international expansion by expressing its intention to invest US$200 million in a new cement plant in Indonesia. The cement plant would be based in the ...
Tags: market view, cement plant
Following a strong investment boom that reached its peak in 2007, shipments of new textile machinery were in strong decline aggravated by the global financial and economic crisis of 2008/2009. However, in 2010 global shipments of new ...
With weaker demand for lumber around the world, sawlog prices fell in a majority of the 21 markets tracked by the WRQ. The Global Conifer Sawlog Price Index (GSPI) declined in the 3Q for the first time since the 1Q/09 to $90.18/m3. With a ...
Tags: market view, sawlog, lumber, price
(The Indonesian authorities' recent clampdown on Greenpeace's presence in the region has caused concern, according to Ian Duff, a forest campaigner with the NGO) The last few years have seen some significant milestones crossed in the ...
Tags: market view, opinion
Illinois is trying to persuade Caterpillar Inc. (CAT), the world’s largest construction and mining- equipment maker, that its home state is the best location to build a factory that will employ more than 1, 000 people. “We have ...
Thailand’s economy may shrink 3.7 percent this quarter following the worst flooding in almost 70 years, the government said, adding to the case for an interest- rate cut as early as next week. Gross domestic product rose 3.5 percent ...
Tags: market view, economy
Growth in Southeast Asian economies including Malaysia and Thailand may have peaked last quarter as the European debt crisis and Thai floods hurt the outlook for exports, adding pressure on policy makers to cut interest rates. ...
Tags: market view, finance
The Southeast Asian Games is a series of sporting events held since 1959 every two years. The key objective is to boost the cooperation and understanding between the countries forming the South East Asian region by promoting sports and ...
Tags: Market View
Japanese companies, Thailand’s biggest foreign investors, may spend more to build factories in neighbors including Indonesia and Vietnam after the worst flooding in 70 years disrupted global production. “Executives recognize the ...
Tags: industry trends, machine
JTEKT CORPORATION (JTEKT; Nagoya, Japan; President: Shoji Ikawa) is pleased to announce that we established a new production plant in Indonesia, and we will start the local production of bearings from coming December 2011. Since October ...
Tags: Market View, Bearings
Pushed by the record-high yen and economic problems at home, Japan’s large plastic machinery manufacturing industry is accelerating its investment in lower-cost countries, expanding both in China and elsewhere in Asia. Japan Steel ...
Tags: industry trends
UK hardwood traders have questioned whether they could be sent to prison under new EU legislation if some illegal timber found its way into their supply chain. A lively meeting at the London Hardwood Club yesterday saw concerned traders ...
Tags: policy&standard, hardwood, UK
Pakistan Electric Power Company (PEPCO) here Friday opened bids in respect of tenders for purchase of 10 million Self-blasted Compact Fluorescent Lamps (CFLs-Engergy Savers) under Energy Efficiency Investment Programme Tranche-I. At ...
Tags: energy saving lamp, cfl