How Does CITES Regulate the Agarwood Trade

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 [...]

Why Should You Invest In Agarwood Forestry

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 [...]

Plantations International Launches Centre of Gaharu Excellence

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 [...]

Saving Agarwood from Extinction

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 [...]

Agarwood Trees Gave Hong Kong its Name

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 [...]