Search results
Results from the WOW.Com Content Network
In Papua New Guinea, Rimbunan Hijau is the single biggest logging operator, and runs the country's biggest sawmill. It also owns one of the two major newspapers in the country, The National. [2] The company was established in 1975 and has an estimated annual turnover of more than US$1 billion, according to Malaysia-China Business Council. [3]
In Malaysia, the World Bank estimates that trees are being cut down at 4 times the sustainable rate. [7] Logging does not have to be as destructive a practice as it currently is in Malaysia. In the past 2 decades, Malaysia has moved towards diversifying its economy, but logging still draws in many because of poor regulation and high profit.
Logging is the beginning of a supply chain that provides raw material for many products societies worldwide use for housing, construction, energy, and consumer paper products. Logging systems are also used to manage forests, reduce the risk of wildfires, and restore ecosystem functions, [2] though their efficiency for these purposes has been ...
Industrial logging rose in the 1970s as Malaysia depleted its peninsular forests, and former Indonesian strongman President Suharto distributed large tracts of forest to cement political relationships with army generals. Thus, logging expanded significantly in the 1980s, with logging roads providing access to remote lands for settlers and ...
A logging quota was established in China in 1987; it has stopped deforestation and degradation but has not led to forest regeneration. [15] In 1996, in response to activism regarding overlogging by corporations in Malaysia, the primary industries minister led a forestry mission to see the impact. [16]
This page was last edited on 28 November 2005, at 04:33 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Malaysia's benchmark crude oil, Tapis Blend, is a light and sweet crude oil, with an API gravity of 42.7° and a sulphur content of 0.04% by weight. Malaysia held 87.8 trillion cubic feet (Tcf) of proven natural gas reserves as of 2021, and was the third-largest natural gas reserve holder in the Asia-Pacific region after China and Indonesia ...
Logging and cultivation practices have devastated tree cover, causing severe environmental degradation in the country. [2] Floods in East Malaysia have been worsened by the loss of trees, and over 60% of the peninsula's forest has been cleared. [4] With current rates of deforestation, the forests are predicted to be extinct by 2020. [2]