Ikea’s enigmatic founder, Ingvar Kamprad, turns 90
Ikea founder Ingvar Kamprad, pictured on December 3, 2012, has been described as an obsessive penny-pincher despite being one of the world's richest people (AFP Photo/Fabrice Coffrini) STOCKHOLM: Ikea founder Ingvar Kamprad, who built a global business empire with revolutionary flat-pack furniture and dallied with Nazism in his youth, turns 90 on Wednesday. Creator of the Swedish furniture empire famous for its thrift, style and convenience, Kamprad is also known for alleged
Malaysian furniture makers urged to explore markets for solid wood furniture in China
The Malaysian Minister of Plantation Industries and Commodities, Douglas Uggah Embas, has urged furniture manufacturers to work together and promote Malaysian furniture so that the 2020 target of RM53 billion (approx. US$12.9 billion) export earnings can be achieved. Malaysia's timber and timber product exports rose by 6.3 per cent to RM21.7 billion (approx. US$ 5.3 billion) in 2015 from RM20.4 billion in 2014. Chua Chu Chai, Chairman of Export Furniture Exhibition 2016 (EFE)
US: Strong increase in wooden furniture imports from Malaysia and Vietnam
Malaysia and Vietnam were the largest suppliers of wooden furniture to the U.S., with export value rising approximately 20% to reach US$673.3 million and US$3 billion respectively in 2015, according to statistics from the ITTO. Malaysia’s share in total imports increased from 3.8% in 2014 to 4.1% in 2015 while Vietnam’s share grew to 18.5%. Imports from China also saw strong growth, increasing 10% to US$7.67 billion but total market share shrunk slightly to 47.3%. Imports fro
PORANI Won The Best Product Design 2016
The Porani's dining set that makes up of minimalism elements and contemporary styles has won the Best Product Design Award for Dining Furniture category in EFE international trade show 2016. The decision maker is lead by the three industry professionals which make up the impressive judging panel. The chief judge, Mr Franz Rivoira from FederMobili, Italy leads two of the nation's leading authorities, Dr Jegatheswaran Ratnasingam from UPM and Ms Chua Huwi Huwi from FCUC Malaysi
Furniture industry players urged to collaborate closely
KUALA LUMPUR: The furniture industry players have been urged to collaborate to achieve the RM53 billion export earning target for timber and timber products by 2020 under the National Timber Industry Policy. Minister of Plantation Industries and Commodities, Datuk Amar Douglas Uggah Embas, said Malaysia’s timber and timber product exports rose by 6.3 per cent to RM21.7 billion in 2015 from RM20.4 billion in 2014. “The industry players need to continuously innovate to retain t
