Once again, the industry is grappled with uncertainties as a possible US debt default looms and global interest rates responses remain unclear. On top of that, a new European deforestation regulation is set to bring some far-reaching changes to the dynamics of the wood products market. ITTO shares insights on these topics and more.
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The wood industry continues to grapple with a changing landscape, as recession fears and new certification requirements, challenges, and investments redefining the path ahead. ITTO tells us more about the happenings around the region.
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Changes are coming to the woodworking space and some of these efforts are going intensify this year. From new regulations to new targets and markets, ITTO share more about what to expect going forward.
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Amidst the economic uncertainties facing the world right now, the woodworking sector is beginning to come to grips with the steep challenges that they may face next year. ITTO tells us more about how different parts of the world are reacting to this.
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Economic concerns remained a hot topic for the woodworking industry and more spotlight is being put into product certification. The landscape of the industry is changing and countries are readying themselves to adapt. ITTO tells us more about the latest around the globe
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As recession and inflation fears start to grip economies around the world, consumer spending has declined. Countries in Southeast Asia are planning ahead with new initiatives and cooperation with other countries. Would these be enough to stimulate the market? ITTO shares more about the latest developments around the world.
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Exports from Southeast Asia have mostly kept the momentum and countries are now looking at promoting their products and making themselves more competitive. Certification has once again come under the spotlight, with developments that may deliver major changes to the industry. ITTO tells us the latest happenings in the industry.
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Wood and wood-based product exports from Southeast Asia remain strong, but changes in policies and regulations may change the landscape going forward. ITTO shares more about recent developments in the market.
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Recent surge in Covid-19 cases around the world has once again led to renewed concerns, but the woodworking sector is still poised for a good 2022 with ASEAN governments urging their enterprises in the respective countries to seize the opportunity. ITTO tells us more about the latest in the market.
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As Asian markets recovers further from the Covid-19 pandemic, rising production and freights costs have become growing concerns. The recent spotlight on climate change has once again generated conversations in the industry, with wood highlighted as a material that can potentially help achieve some of the carbon targets. ITTO shares more about the recent developments across the globe.
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