KUCHING: Malaysia has been a key supplier to the expanding Japanese furniture market worth about US$23 million in 2024, and this is projected to grow and reach US$26.32 million by 2032. “The Japanese furniture market is a mature and sophisticated sector influenced by the country’s unique cultural heritage, urban living
KUCHING: WTK Holdings Bhd’s share price has continued its uptrend, closing at 63.5 sen last Friday, gaining 5.5 sen or nearly 10 per cent for the week. The stock has climbed more than 65 per cent or 25.5 sen from its recent low of 38 sen in mid-July, hitting a
KUCHING: European Union 27 member nations (EU27) have raised the imports of tropical wood and wooden furniture by nine per cent to 770,800 tonnes in first half of 2025 (1H2025) from a year ago. In terms of value, this also rose by nine per cent to US$1.66 billion during the
KUCHING: Bintulu Port Holdings Bhd (BPHB) has obtained leave from the Kuala Lumpur High Court to proceed with its judicial review application on the notices of assessment from Inland Revenue Board (IRB). BPHB was slapped with notices of assessment for 2020 (about RM6.75 million), 2021 (RM10.99 million), 2022 (RM12.67 million)
KUCHING: Reservoir Link Sdn Bhd (RLSB) is to acquire the remaining 70 per cent stake in Propel Maxflo Sdn Bhd (Maxflo) for RM17.24 million. The proposed acquisition will be satisfied via a combination of cash (RM13.79 million) and the balance of RM3.45 million via the issuance of about 18.69 million
KUCHING: The European Commission’s (EC’s) decision to extend for another 12 months the implementation of the European Union Deforestation Regulation (EUDR) to December 2026 is to allow time to remedy the identified risks. In letters sent to the European Union (EU) Parliament and Council on September 23, the Commissioner for
KUCHING: A habitat restoration project within Sabah’s Mount Wullersdorf-Ulu Kalumpang Forest Reserves has won recognition for WWF-Malaysia, as it was awarded the Ecosystem Restoration Field Verification Certificate. This globally recognised standard, which was developed by Preferred by Nature, evaluates on-the-ground restoration efforts, ensuring compliance with best practices in sustainability and
KUCHING: Vietnam’s Industry and Trade Ministry has imposed provisional anti-dumping duties on certain fibreboard products originating from China. The duty rate ranges from 2.59 per cent to 39.88 per cent. The move is based on a comprehensive investigation and assessment conducted by the relevant Vietnamese authorities in accordance with the
KUCHING: TAS Offshore Bhd has secured 19 new shipbuilding contracts from Indonesia worth about RM232.1 million in financial year ended May 31, 2025 (FY2025). This boosted the group’s order book to RM278 million, said TAS chairman Datu Mohammed Sepuan Anu. He said Indonesia remains the group’s largest market, contributing approximately
KUCHING: Ibraco Bhd’s share price surged to an all-time high of RM1.40 last Friday as investors continued to chase the stock. The property developer and construction company gained 6 sen to RM1.40 with 189,400 shares changing hands on the last trading day of the week, giving the company a market