Latest Industry News

80th-Anniversary: Ikea Unveils Retro-Inspired Furniture Collection from the 1960s and ’70s

Ikea’s much-anticipated third collection, slated for a January 2024 debut as part of its 80th-anniversary...

Vietnam’s Continued Ban on Timber Imports from Laos and Cambodia: Circular No. 21/2023/TT-BCT Update

In a significant development, Vietnam’s Ministry of Industry and Trade, through Circular No. 21/2023/TT-BCT issued...

Navigating Change: A Comprehensive Review of Pakistan’s Wood Import Restrictions

In a significant development, the Economic Coordination Committee (ECC) of the Cabinet in Islamabad has...

Canadian Wood Products Manufacturing Faces Decline in Q3

In Q3 2023, the Canadian wood products sector experienced a decline in production capacity, reflecting...

Optimizing Business Opportunities: Asian FSC Encounter in 2023

The Asian FSC Business Encounter in 2023 offers a unique opportunity for businesses in the...

Surprise Increase in US Housing Commencements

In October, new home construction experienced an unexpected increase in response to the ongoing shortage...

Following its record-breaking sales in 2023, Ikea is planning to adjust its pricing strategy

In recognition of its exceptional sales performance for the fiscal year 2023, Ikea U.S. revealed...

The Order for Furniture in the United States is Increasing again

Inflation in the United States is gradually decreasing, the consumer price index is beginning to...

A Workshop Introducing the Vietnam-U.S. Timber Trade Agreement and Lacey Act is about to take place.

On November 29, 2023, a workshop introducing the Vietnam-U.S. Timber Trade Agreement and the Lacey...

Preparing to Comply with The EU Forest Law Enforcement, Governance and Trade (FLEGT) Regulation – Meeting The Requirements for Traceability of Agroforestry Products’ Origin

The EU Forest Law Enforcement, Governance and Trade Regulation (EUFLEGT), abbreviated as EUDR, will come...