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The company has operations in many countries, including Malaysia, Indonesia, Papua New Guinea, Equatorial Guinea, Gabon, Vanuatu, New Zealand and Russia. 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]
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 ...
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 in Sabah, Malaysian Borneo New palm plantation (right), Tabin Wildlife Reserve. Logging and conversion of natural forests to rubber, oil palm and industrial timber plantations and for small-scale farming have given rise to significant deforestation in recent decades.
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]
Logging methods have changed over time, driven by advancements in transporting timber from remote areas to markets. These shifts fall into three main eras: the manual logging era before the 1880s, the railroad logging era from the 1880s to World War II, and the modern mechanized era that began after the war. [12]
Between 1990 and 2010, Malaysia lost an estimated 8.6% of its forest cover, or around 1,920,000 hectares (4,700,000 acres). [4] Logging and land clearing has particularly been driven by the palm oil sector. World Bank policies in the 1970s encouraged palm oil expansion and the IMF’s bailout package, following the 1998 economic crisis ...
Former logo of UMW Holdings, used from 2000 to 2024. Sime UMW Berhad (formerly UMW Holdings Berhad; MYX: 4588) is a Malaysian industrial conglomerate.It is one of the largest companies and also one of the leading industrial enterprises, serving the economies of Malaysia and the Asia-Pacific region.