KUCHING: Reservoir Link Energy Bhd (RLEB) has proposed a new long-term incentive plan (LTIP) comprising an employees’ share option scheme (ESOS) and a share grant scheme (SGS), with a combined allocation of up to 15 per cent of its issued shares (excluding treasury shares). In a filing with Bursa Malaysia, the company said
KUCHING: Vietnamese wood-product manufacturers are bracing for deeper trouble as US trade tariffs begin to bite, with further hikes expected soon, according to the International Tropical Timber Organisation (ITTO). The ITTO, in its latest tropical timber market report, said the new import levies have pushed the Vietnamese wood industry into
KUCHING: Malaysia’s exports of tropical plywood, joinery products, sawnwood and wooden furniture to United Kingdom (UK) have all expanded at a strong pace this year. During the January-August 2025 period (8m2025), UK imports of tropical hardwood plywood from Malaysia surged by 29 per cent to 45,600 cubic metres (cu m)
KUCHING: Major plywood manufacturers in Sarawak appear to have reached a plateau in the price hikes of their products in September 2025, according to Japan Lumber Report (JLR). The trade journal said producers are increasingly firm in their stance on the prices of standard plywood, all-natural varieties. “The original prices
KUCHING: Forest and land fires in Indonesia have declined sharply this year, driven by intensified enforcement and preventive measures across high-risk regions. During the first half of 2025 (January–June), the total burned area fell 43 per cent to 213,984 hectares, down from 376,805 hectares in the same period last year
KUCHING: Asteel Group Bhd expects to benefit from the recent enforcement actions by the Construction Industry Development Board (CIDB) against illegal steel imports, as well as the government’s anti-dumping measures on galvanised steel products from China and Vietnam. The company said these actions will help promote fairer market competition and
KUCHING: Indonesia is poised to become the world’s largest exporter of forestry-based carbon credits, with projections indicating that up to 13 billion carbon credit units could be generated between 2024 and 2050. According to the Indonesian Chamber of Commerce and Industry (Kadin), this potential stems from the country’s vast tropical
KUCHING: B.I.G. Industries Bhd (BIG) expects to begin carbon dioxide refilling operations at its new branch in Samalaju Industrial Park, Bintulu, by January 2026, said its chairman Datuk Lee Chuen Wan. He said the company had obtained the occupation permit for Phase 1 in August this year, with construction of
KUCHING: Sarawak Consolidated Industries Bhd’s (SCIB) wholly owned subsidiary, SCIB Industrialised Building System Sdn Bhd (SIBS), accepted a new revised letter of award and acceptance (RLOA2) for a Malaysia People’s Housing Programme (PR1MA) project in Kota Bahru, Kelantan. The RLOA2 formalises SIBS’ role as the main contractor for the development
KUCHING: Timber harvesting activities in Malaysia recorded month-on-month growth in September 2025, after several months of decline. The latest monthly Global Timber Index (GTI) report, produced by the Global Green Supply Chain Initiative (GGSC) in collaboration with the International Tropical Timber Organisation (ITTO), noted that the increase in timber harvesting
