Brisk Business for Agarwood in Kuala Lumpur

August 8, 2017, 6:58 pm

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Jalan Bukit Bintang is known for its glitzy malls and bars, which tourists make a beeline for. However, among the bustling nightspots and shopping centres, there are at least six agarwood shops and perfumeries along that street alone, attracting the stream of Arab visitors looking for the expensive scent used to, among others, spray on the curtains that cover the Kaabah in Mecca and for incense burnt in their homes. Preparing for the coming “Arab season” in August, these thriving shops have boxes and boxes of the rare wood in stock, mostly sourced from Malaysian rainforests. Shopkeepers said they buy their […]

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Liquid Gold Rush Endangers Agarwood Trees

August 8, 2017, 7:13 pm

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Sorja Tan remembers a time when it was easy to find agarwood trees – tall, straight jungle giants – that grew in the forest reserves here. Now, there are days when he leaves the forest after a long day of gaharu collecting empty-handed. “In the past, if you go to the forest, agarwood trees were not rare. You could find them close together here and there. Now, there are only a few left,” said the 22-year-old of the Temiar tribe living nearby. agarwood trees – or aquilaria malaccensis – are being logged by the tens of thousands in Malaysian jungles, mostly […]

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The Secret Agarwood Treasure of Vietnam

August 10, 2017, 6:18 pm

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Plantations International is investigating a rumor has been spread out that two men in Bo Trach district in Quang Binh province accidentally found an Agarwood treasure in the Phong Nha – Ke Bang National Park. However, Professor Phan Truong Thi, Head of the Gemstone and Jewelries Institute, has denied the possibility of the existence of an Agarwood treasure in nature. Therefore, he keeps doubts about the value of the Agarwood treasure and the sums of money the two men and others got from selling Agarwood they dug. Also according to Thi, Agarwood grows in the wild like many other flora species. […]

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Very Rare Agarwood Species is Making a Comeback

August 26, 2017, 3:50 am

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A critically endangered species of agarwood, which has been elusive for more than 100 years, has resurfaced. The Aquilaria rostrata was first discovered in 1911 and was thought to be native only to Wray’s Camp in Taman Negara, Pahang. Since then, nobody had spotted the elusive agarwood species. However, two Forestry Department rangers found what they suspected to be the elusive species in April last year in Besut, Terengganu, some 100km away from where it was first discovered. Their suspicion was soon confirmed by a research team in Universiti Putra Malaysia (UPM) led by associate professor Dr Rozi Mohamed. “At first, […]

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Agarwood Trees Gave Hong Kong its Name

August 26, 2017, 9:36 am

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YEUNG SIU YU points to where a large, agarwood old tree has been hacked with a blade. Villagers have erected a metal fence around the trunk to prevent further attacks, but they fear there will be more: low-hanging limbs are still exposed. “The thieves will come back for this piece,” says Mr Yeung, pointing to the stump of a agarwood branch just above his head. Mr Yeung forsook city life to keep bees on the carefree (and car-free) island of Lamma, a couple of miles from the main island of Hong Kong where the territory’s government and financial centre lie. Lamma’s […]

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Saving Agarwood from Extinction

October 10, 2017, 11:40 pm

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There are many names for the resinous, fragrant heartwood produced primarily by trees in the genus Aquilaria. The commoner names include agarwood, aloeswood, eaglewood, gaharu or oudh, and it is also mentioned in the Old Testament as ‘aloe’ or ‘ahaloth’. This valuable and highly fragrant wood has been used in many ways for over two thousand years, especially as incense in Buddhist, Hindu, and Islamic traditional ceremonies, and as a significant component of traditional Ayurvedic, Tibetan and Far Eastern medicine and Middle Eastern perfumes. The genus Aquilaria of the Thymelaeaceae (Daphne family) consists of generally fast-growing trees found in lowland tropical […]

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Plantations International Launches Centre of Gaharu Excellence

December 23, 2017, 8:24 pm

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Plantations International through its fully owned Indonesian subsidiary PT Gaharu Kapita Indonesia hosted myriad of dignitaries from local government and the military to commemorate its grand opening of “The Centre of Gaharu Excellence “ in Yogyakarta, Indonesia. The Centre of Gaharu Excellence is a 20 year joint collaboration project between Plantations International’s PT Gaharu Kapita Indonesia and The Instiper Agricultural Institute in Yogyakarta, Indonesia. The main purpose of The Centre of Gaharu Excellence is to produce the highest quality Gaharu / Agarwood Chips and Oud Oil for the export market and provide Gaharu farmers throughout Indonesia with the knowledge and technical […]

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Why Should You Invest In Agarwood Forestry

December 24, 2017, 5:03 pm

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Forestry and Timber Investing – The very concept seems either dull or extremely alien. After all, its’ much more satisfying to follow the rest of the herd and chase the latest hot social networking stock such as Facebook or Linkedin. However any investors – especially those looking for true diversification and stable returns – are making a real oversight by ignoring the value timber and forestry investments could bring to their overall portfolio. One question that is always worth considering when looking at investments is where are large institutional investors putting their money? This is not to say that big investors […]

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How Does CITES Regulate the Agarwood Trade

December 29, 2017, 6:46 am

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CITES (the Convention on International Trade in Endangered Species of Wild Fauna and Flora) is an international agreement between governments. Its aim is to ensure that international trade in specimens of wild animals and plants does not threaten their survival. Widespread information nowadays about the endangered status of many prominent species, such as the tiger and elephants, might make the need for such a convention seem obvious. But at the time when the ideas for CITES were first formed, in the 1960s, international discussion of the regulation of wildlife trade for conservation purposes was something relatively new. With hindsight, the need […]

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Thailand based company to help bolster agarwood quality

March 18, 2018, 5:27 am

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A Cambodian Agarwood company is teaming up with a Thailand investment partner to spend USD 100 million improving the quality of Cambodia’s agarwood trees, according to a memorandum of understanding signed by the two companies yesterday. Thoub Chankrassna Khmer Co (TCK), which owns agarwood plantations and an incense factory in Preah Sihanouk province, has partnered with Thai-based First Capital Group (FCG) in the hopes of improving the growth, processing and manufacturing of Cambodia’s 1 million agarwood trees. Agarwood, a fragrant wood harvested for its aromatic, religious and medical applications, is a non timber forest product that can fetch prices upwards of […]

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Special Report: China and The Global Garlic Market

April 29, 2018, 8:19 pm

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OVERVIEW GLOBAL GARLIC MARKET China, by far the world’s largest garlic producer, sets the conditions in the global market. Rumours about problems with the crop and possible losses are being taken relatively calmly by the international market, although there are reports that importers are monitoring their import flows more closely and importing more from other countries in order to avoid problems. Argentinian growers are struggling to maintain their position on the world market. Due to high costs and competition from other countries, they risk losing their capacity to compete. Israeli growers are frustrated about the import quotas, which only allow imports […]

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Organic vs. Natural – What You Need To Know!

May 26, 2018, 7:49 pm

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The difference between Organic and Natural is as vast as the difference between a cat and a car. All of us want to eat as healthy as possible, but the advertising industry has been deliberately and un-ethically using the word “Natural” to describe its processed foods for some time, below Plantations International tries to shed some light on the topic for you. What is Organic? Organic is a legally defined system of agriculture which seeks to use ecological methods of production. Its goal is to learn from and mimic natural processes in order to produce the food we eat while also […]

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Musang King Challenged by New Royal Durian

June 22, 2018, 5:43 pm

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Musang King, the Malaysian durian variety which reigns supreme among fans of the fruit, could see a new challenger to the throne. The Royal ASFA50 – which stands for Anniversary Sirajuddin Fauziah 50 – was introduced to mark the 50th anniversary of the marriage of the ruler of northern Perlis state, the Raja of Perlis Tuanku Syed Sirajuddin Syed Putra Jamalullail and Raja Perempuan of Perlis Tuanku Fauziah Tengku Abdul Rashid. ASFA50 is said to taste as good as its internationally-renowned cousin but needs only less than half the time to mature. According to Mr Ferri Anugerah Makmur, who owns the […]

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New Agarwood Plantation Launched in Manipur India

July 8, 2018, 7:10 pm

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Manipur on Sunday launched Agarwood tree plantation at Langol Reserved Forest, Luwangshangbam in the outskirt of Imphal to provide alternative livelihood to poppy cultivators. Chief Minister N Biren Singh formally launched the Agarwood tree plantation programme organized by the Forest department and Joint Forest Management Committee (JFMC), Luwangshangbam. Speaking to media on the sideline of […]

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India’s Agarwood Trees Just Step Away From Extinction

July 8, 2018, 8:27 pm

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The agarwood tree (Aquilaria malaccensis), whose resin extract is widely used in perfumes and incense, is one step away from being declared extinct in the wild by the International Union for Conservation of Nature (IUCN). The IUCN, an international organisation which maintains an authoritative database on the status of species, called the red list, issued […]

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Agarwood Trees Gave Hong Kong its Name

August 26, 2017, 9:36 am

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YEUNG SIU YU points to where a large, agarwood old tree has been hacked with a blade. Villagers have erected a metal fence around the trunk to prevent further attacks, but they fear there will be more: low-hanging limbs are still exposed. “The thieves will come back for this piece,” says Mr Yeung, pointing to [...]

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Plantations International Launches Centre of Gaharu Excellence

July 13, 2018, 11:48 am

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Plantations International through its fully owned Indonesian subsidiary PT Gaharu Kapita Indonesia hosted myriad of dignitaries from local government and the military to commemorate its grand opening of “The Centre of Gaharu Excellence “ in Yogyakarta, Indonesia. The Centre of Gaharu Excellence is a 20 year joint collaboration project between Plantations International’s PT Gaharu Kapita [...]

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Why Agarwood Oud Oil Has Become More Precious Than Gold

August 4, 2018, 5:08 pm

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While Asian and European markets have traditionally favored softer floral and citrus scents, global consumer tastes are moving toward those derived from the aromatic oils of oud, sandlewood and amber long associated with the people of the Gulf. Oud, known in English as agarwood, originates from the barks of trees that only grow in parts [...]

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Agarwood in History

July 25, 2019, 4:06 am

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The “Wood of the Gods” has at least a 3,000 year history in the Europe, Middle East, India, Japan and China. It was believed that only Kings and the very wealthy were able to benefit from its powers. The tragedy of the agarwood industry is that the whole of the tree has to be felled [...]

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Agarwood Market Demand

July 25, 2019, 4:32 am

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The consumer market for Agarwood is well developed in the Middle East and Northeast Asia where Agarwood has been used for over one thousand years. Taiwan, Singapore, Hong Kong and Bangkok are major traders of Agarwood while Thailand, Indonesia, Vietnam and Malaysia are major producers. The increasing scarcity of illegal forest Agarwood makes plantation grown [...]

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