This is the "Hula Girl" mug designed by Dirk Rehder and manufactured by APS Tiki (there's a thread about them on the Tiki Central forums). Styled like a palm trunk has a rough brown glaze on the outside and a smooth brown one on the interior and features a sculpted painted hula girl on the front. Marked "APS Tiki" on the base. 17cm high and 7.8cm wide... according to the website I got it off.
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Tiki Mug Design
APS Hula Girl Mug
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This hula girl mug is designed to look like the trunk of a palm tree. Hula girl has black hair, red lei & hair flower, and yellow skirt, with painted face details.