MANILA, Philippines — The Bureau of Customs (BOC) has seized P62 million worth of agarwood for shipment to Vietnam via Ninoy Aquino International Airport in Manila. The 73 kilograms of agarwood chips ...

The global agarwood market is estimated to be valued at US$64 billion (RM283 billion) by 2029. Agarwood, the resinous part of the Aquilaria tree, is a valuable commodity many believe is as valuable as ...

For thousands of years, agarwood has been known as "The Wood of the Gods." First-grade agarwood can cost as much as $100,000 per kilogram, making it one of the most expensive raw materials in the ...

MANILA, Philippines — Authorities at the Ninoy Aquino International Airport (NAIA) intercepted an outbound cargo of rare and highly valued agarwood, one of the most expensive and highly sought after ...

THE Bureau of Customs (BOC) has intercepted an outbound, misdeclared cargo containing rare and highly valued agarwood, a regulated forest product. Customs Commissioner Ariel Nepomuceno said on Tuesday ...

The global agarwood trade heavily depends on wild-harvested endangered tree species, despite international regulations for protection, with significant volumes going undocumented in official trade ...

The first batch of 25,000 live agarwood-producing tree seedlings imported from India arrived in the Philippines, according to the chief executive of Iba Botanicals. “With the arrival from India today ...