Protecting forests and their wildlife from threats such as encroachment, illegal logging and poaching is vital to safeguard their existence for future generations, and is crucial for the balance of our ecosystem. The Forest Research Institute Malaysia (FRIM) currently has a man-made forest under its protection where the forest area is managed sustainably and systematically to ensure the ecosystem in Kuala Lumpur remains in balance. In order to assess forest conservation and its impacts on the urban community, this study focuses on the level of public awareness for forest conservation and willingness to pay (WTP) to maintain the area. The importance and value of a forest are determined using the Contingent Valuation Method (CVM). The mean WTP is affected by household income and education level. This research provides a guideline for stakeholders in forest areas and evaluates public awareness via their WTP for forest conservation. Moreover, knowledge of forest conservation by communities helps governments in resolving common problems relating to forestry policy, administration, and management.
Highlight Research Economic performance of commercial fishing industry in Pahang State, East Coast of Peninsular Malaysia. Comparison of accounting profit between the two prominent fishing gear types: trawlers and purse seine in Pahang State Comparison of accounting profit between the different zones of fishing operations by the trawlers and purse seine Research findings showed that trawlers give more profit than purse seine vessels in Pahang State and overcapacity and over exploitation is distinctly found in Pahang State commercial fishing industry. This study suggested that other analysis such as biological performance by this study area should be done in future coupled with the analysis of impact of management policies on the sustainability of the fishery. Abstract Marine capture fisheries in Malaysia plays prominent role in economic growth and commercial fisheries makes great contribution to country’s economy. The commercial fishing industry in East Coast of Peninsular Malaysia are mainly operated by trawlers and purse seines which rises a major concern in managing and achieving the goal of sustainable fishery. This study aimed to account the differences of accounting profit level in commercial fishing industry in Pahang State, East Coast of Peninsular Malaysia. In this study, comparison of accounting profits using revenue and profit approach among trawl and purse seine fishery in two different zones: Zone C (offshore) and Zone C2 (deep sea) was carried out based on the intensive survey on fishing capacity and other economic factors. The survey was carried out with the commercial fishermen and total respondents of 156 fishers at landing port. The result showed that trawlers incurred low cost yet provided higher profit than doses by purse seine. Moreover, there are more trawlers vessels operating in the Pahang state fishing ground and the open access nature of the fishery like larger profit invites more effort to use in the fishery which is leading to the over exploitation of fishery resources and threatening the sustainable condition of the fishery. The findings of the research inform the possible impact of fishing profit to overcapacity in sustainable fishery management in Pahang State fishery.
This research paper develops a model for the sustainability of women’s employment rate in Malaysia’s economic development. This study examined annual data from 1982 to 2018, with 37 observations. A new econometric method was adopted to determine both short-run and long-run relationships among the variables using the Johansen Cointegration rank test, Vector Error Correction Method (VECM) with error correction model of cointegration equation. The VECM results revealed significant and positive short-term relationships between foreign direct investment, gross domestic product (GDP), and the negative short-term relationship of the lagged period of women’s employment rate to women employment rate (WER). The variables, GDP, education level, and women’s marital status are cointegrated and have a long-term relationship between WER in the cointegration equation. The Johansen Cointegration rank test also showed the existence of cointegration equations, and a long-term relationship between the variables. Eventually, the residual diagnosis, significant error term, and the performance of the model evaluation were found as satisfactory and valid. In short, this research paves the way for policymakers to construct a better policy for the future of women’s employment sustainability.
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