
Timber exporters face licence revocation over violations
He said companies must ensure their products contain at least 60 per cent local value-added content, even if some raw materials are imported.
"I have informed the industry that if they want to export our timber products (even when some materials are imported), these imports are only allowed as input, not finished goods.
"You cannot simply take a ready-made product, place it in a container, change the certificate of origin at the port, and export it. That is not acceptable," he said at an event here today.
The Malaysian Timber Industry Board (MTIB) appreciation event also featured the launch of the book Anatomi dan Pengecaman Kayu Malaysia (Malaysian Wood Anatomy and Identification).
Currently, MTIB issues 60-day export permits per shipment for timber-based products. Importation is only allowed for raw materials, not finished items.
Johari added that companies found violating MTIB rules have been blacklisted in the past.
"There have been cases before. If MTIB catches them, they will no longer be allowed to export. That means they've manipulated timber products for export and that is not allowed," he said.
Meanwhile, Johari said the timber industry remains a major contributor to Malaysia's agri-commodity sector, not only in export value but also in employment, having created around 180,000 jobs across processing, furniture manufacturing, logistics, and marketing.
"This development proves that the timber industry remains one of the key pillars of the national agri-commodity sector, with strong prospects for continued global growth," he said.
Timber and furniture exports rose 4.9 per cent in 2024 to RM22.9 billion. Malaysia now exports to over 182 countries, with top markets including the United States (RM6.5 billion), China (RM3.4 billion) and Japan (RM2.8 billion).
Imports also increased 13.2 per cent year-on-year to RM8.5 billion.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Sun
5 hours ago
- The Sun
Topmix posts 82% jump in PAT in first half 2025
JOHOR BAHRU: Topmix Berhad, a decorative surface solutions provider in Malaysia, recorded a resilient 17.4% year-on-year revenue growth to RM25.4 million for the second quarter ended June 30, 2025, from RM21.7 million a year ago. This improvement was primarily driven by the 11.6% higher sales of its high pressure laminate (HPL) products to RM22.9 million, which accounted for 90% of the total revenue. This increase was further contributed by the improved sales of its other decorative surface products, which nearly tripled, on the back of higher polyvinyl chloride (PVC) plywood sales volumes, along with an incremental contribution from the newly introduced melamine-faced chipboard (MFC) products, which was launched in March 2025. Profit after tax (PAT) for the quarter was RM4.0 million, marking a 52.9% increase from RM2.6 million. This growth aligns with the higher revenue coupled with lower cost of sales, due to favourable foreign currency fluctuations. For the cumulative six-month period, PAT rose sharply by 82.3% to RM7.1 million from RM3.9 million in the preceding year's corresponding period. This was on the back of a 15.8% rise in revenue to RM47.5 million where all product segments recorded improved revenue, including contributions from the MFC products. The strengthening of the Ringgit Malaysia since early 2025 also contributed to the commendable first-half results for 2025. Reflecting on the financial performance, Topmix managing director Teo Quek Siang said, 'We are delighted to deliver an earnings growth of almost 90% for the first half of the year. This stellar result is a testament to Topmix's market leadership and competitive strengths, coupled with the newly introduced innovative MFC products, which no doubt made a promising debut as we steadily penetrate this segment. It is worth noting that we have been seeing gradual increase in our (pretax) profit margin from the low teens since early 2024, the end result of stronger sales, particularly for the HPL products, which are in high demand due to sustained renovation activities. This second quarter's (pretax profit) margin of over 22% is in fact the highest since Topmix was listed. We are also excited with our up-and-coming new products ' Topmix Component ', featuring handleless cabinetry components that will further broaden our product portfolio and market reach. We have received an overwhelming feedback on this product, which was recently showcased at last month's ARCHIDEX exhibition. We believe that these innovations not only create exciting cross-selling opportunities across our existing offerings but also reinforce our commitment to being a one-stop surface solutions provider of modern, green-standard products. With these strategic additions, we are well-positioned to drive the next phase of sustainable growth.' The Board of Directors has declared a first single-tier dividend of 0.4 sen per share on 393.9 million shares, amounting to approximately RM1.6 million, which shall be paid on Oct 3, 2025.


New Straits Times
9 hours ago
- New Straits Times
Sanusi defends tariff hike to keep Sada profitable
ALOR STAR: Kedah's recent water tariff hike remains among the lowest nationwide, with the new rate of 81 sen for the first 20 cubic metres still well below other states, said Menteri Besar Datuk Seri Muhammad Sanusi Md Nor. He defended the six-sen increase as necessary to ensure Syarikat Air Darul Aman (Sada) stays profitable and can repay its debts. He added that Kedah was not the only state to seek higher rates, as 10 other state operators have also submitted applications. "Sada must record profits to pay off its debts. I want to ensure our business plan sustains loan repayments so the state continues to secure its rights," he said at the State Legislative Assembly today in response to a supplementary question from Bau Wong Bau Ek (Sidam–Pakatan Harapan). Sanusi said Sada's after-tax profits stood at RM12.1 million in 2010, rising until 2012 before dropping to RM22.9 million in 2013, RM21.2 million in 2014, RM13.1 million in 2015, RM6.1 million in 2016, and RM450,000 in 2017. By 2018, profits fell to RM31,000 before the utility recorded a RM36 million loss in 2019. He said operations were reformed after Perikatan Nasional took over the state government in 2020, with Sada turning around a RM149,000 profit that year. "Since then, Sada has remained profitable, with RM29.5 million in 2021, RM41.5 million in 2024, and this year's projection at RM80 million," he said. Sanusi also said executive powers over treated water rest with the Federal Government under the National Water Services Commission (SPAN), as provided for under Section 3 of the Water Services Industry Act 2006. "If SPAN finds that revenues cannot sustain debt repayments, it has the authority to take over. So when all state water operators applied for tariff adjustments, all of them have been approved. "This is happening nationwide, not only in Kedah," he said. He said water infrastructure in Kedah was being upgraded in stages, but delays or debt defaults could expose the state to risks. "If treated water supply is taken over by amending the Ninth Schedule of the Federal Constitution, the state would only retain raw water sources, canals and drains, while clean water supply would come under the Federal Government. "The state's sovereignty depends on its rights over water, land, forests and religion under the Sultan's patronage. If even water is taken away, we lose a vital part of that sovereignty. That is why we strive to repay water debts and maintain Sada as the operator," he said.


Malay Mail
13 hours ago
- Malay Mail
Natural resources minister rejects calls for centralised rare earth body, citing constitutional challenges and state objections
KUALA LUMPUR, Aug 20 — The Ministry of Natural Resources and Environmental Sustainability (NRES) has no plans to establish a centralised body to regulate Malaysia's rare earth elements (REE) industry, citing constitutional provisions and objections from state governments. Acting Minister Datuk Seri Johari Abdul Ghani said several states had raised concerns during engagement sessions, viewing the proposal as an attempt to nationalise state-owned mineral resources. 'Petroleum resources outside state waters are managed differently from land matters, which fall under state jurisdiction,' he told the Dewan Rakyat when winding up the 13th Malaysia Plan (13MP) debate for his ministry today. He cited the Federal Constitution's Ninth Schedule (State List), which gives states authority over mining permits, leases and licences. As such, any move to centralise REE regulation would require in-depth study and close consultation with all state governments to safeguard their rights. Johari also dismissed claims that Malaysia had offered to supply REE, raw or otherwise, exclusively to the United States as leverage in trade tariff talks. 'This was already clarified by the Investment, Trade and Industry Minister (Tengku Datuk Seri Zafrul Abdul Aziz) on Aug 7. The tariff discussions did not involve any commitment to supply REE,' he said. On negotiations with China, Johari said discussions are currently focused on strengthening bilateral cooperation to develop Malaysia's REE industry across the full value chain, including the setting up of processing plants. 'It's still early and China wants to see if our REE can be converted into the downstream products they need. No formal talks are underway regarding any buyback of processed REE,' he said. — Bernama