The Secret Agarwood Treasure of Vietnam

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. [...]

Liquid Gold Rush Endangers Agarwood Trees

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 [...]

Brisk Business for Agarwood in Kuala Lumpur

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 [...]

Agarwood Producing Trees in Malaysia are in Danger

Agarwood trees – or Aquilaria Malaccensis – are being logged by the tens of thousands in Malaysian jungles, mostly by foreigners because of the valuable agarwood, known locally as gaharu. One kilogramme of agarwood can fetch between RM4,000 and RM20,000 and its woodchips – which are turned into essential oils used in perfume and incense – fuel a RM26bil global trade every year. The rareness and value of agarwood oil has led traders to call it “liquid gold” and has sparked many to either grow or log Agarwood trees for profit. Tan is worried about the agarwood going extinct. This gold [...]

Agarwood Visitors Centre in Yogyakarta

Plantations International, through its local Indonesian subsidiary PT Gaharu Kapita Indonesia, has just opened its brand-new Agarwood visitors centre on its state-of-the-art agarwood plantation Yogyakarta, Indonesia. The visitor centre will act as the starting point for plantation inspection visits for Plantations International clients visiting from Singapore, Australia as well as all parts of Indonesia. When not being used by clients, the visitors centre will act as an educational facility for local farmers who desire to learn the latest Agarwood planting and cultivation techniques. Agarwood — or Gaharu, as it is known in many Asian countries — is a resinous heartwood that [...]