KUCHING: Malaysia’s exports of fibreboard to China have leapt by 683 per cent to 1,400 tonnes in the January-September 2025 period (9m2025) from a year ago. Year-on-year, China increased the imports of fibreboard by 16 per cent to 45,000 tonnes, according to China Customs’ data quoted by International Tropical Timber
KUCHING: Chinese timber companies are struggling in their businesses due to insufficient orders for their products amid a weak global market. They have complained about poor demand in the timber market and intense competition in terms of product prices. Adding to their woes are rising raw material costs, according to
KUCHING: Indonesia has enforced a new legislation mandating that every forest product entering the country must originate from legal sources. The Forestry Ministry released the new law on the “Assurance of Legality for Imported Forestry Products” on November 6, which took effect on December 26. The new regulation requires all
KUCHING: Bintulu Port Sdn Bhd (BPSB) has entered into a third interim agreement with the federal government to continue operating the port for another 12 months from January 1, 2025. The federal government was represented by the Transport Ministry and Bintulu Port Authority (BPA). “The third interim agreement formalises the
KUCHING: Cahya Mata Sarawak Bhd (CMS) group has terminated a joint venture agreement to build an international hotel and service apartments in Kuching Isthmus. CMS Land Sdn Bhd, which is 51 per cent-owned by Cahya Mata Development Sdn Bhd, which in turn is a wholly-owned subsidary of CMS, had on
KUCHING: Shin Yang Group Bhd (SYGroup) has appointed Richard Ling Peng Ling as its new chief executive officer (CEO), effective Jan 1, 2026. Ling, 60, was promoted from his role as group chief operating officer (COO), a position he has held since 2023. “He will be responsible to lead the
KUCHING: Sarawak-based listed planters — WTK Holdings Bhd, Jaya Tiasa Holdings Bhd, Ta Ann Holdings Bhd and Sarawak Plantation Bhd — have all reported sharply higher production volumes of fresh fruit bunches (FFB) last month as compared to a year ago. In November 2025, WTK’s FFB output surged by 4,174
KUCHING: Perdana Petroleum Bhd (PPB) has secured contracts to lease two anchor handling tug and supply (AHTS) vessels to Dialog Resources Sdn Bhd. In a filing with Bursa Malaysia, PPB said its wholly owned subsidiary, Perdana Nautika Sdn Bhd, received two letters of award for the charter of the vessels
KUCHING: Bintulu Port Sdn Bhd (BPSB) has secured a further 12-month extension to continue operating Bintulu Port in 2026. In a filing with Bursa Malaysia, Bintulu Port Holdings Bhd said BPSB has entered into a fourth interim agreement with the federal government—represented by the Transport Ministry Malaysia—and the Bintulu Port
KUCHING: Quality Concrete Holdings Bhd has sharply narrowed its group net loss to RM1.09 million in the third quarter ended Oct 31, 2025 (3Q2025), from RM6.6 million a year earlier, as revenue climbed to about RM56 million from RM38.1 million. The stronger showing was underpinned by a robust performance in