Furniture industry grinding to halt with export orders languishing in factories | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Furniture industry grinding to halt with export orders languishing in factories

Furniture factory owners in Muar say they have hundreds of millions of ringgit in finished product for export laying idle at their premises because MCO restrictions mean they can’t move it. – YouTube pic, June 11, 2021.

FURNITURE for the export market worth more than RM200 million is stuck in factories nationwide due to the total lockdown imposed from June 1 to June 14, said manufacturers. The furniture, packed in 2,565 containers ready for export, cannot be transported to the port due to the standard operating procedures , which do not list manufacturing furniture as an essential service, said industry players.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

2021’s property market primed for investorsTwo property experts offer valuable insights to the property market and its promising gains for 2021. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »