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Major Dutch timber company found guilty of dealing in illegal teak

Dutch company Boogaerdt Hout has been found guilty of violating the European Union Timber Regulation (EUTR) for placing illegal Burmese teak on the market. The company has two months in which to clear its supply chain of illegal wood. An investigation has revealed a major Dutch timber company placed illegally sourced teak from Myanmar on […]

Myanmar pursues EU-led forest protection agreement

The Myanmar government has recently taken another step to join a EU-led agreement to combat illegal logging and forest management. The measure will help ease timber exports to the European market. According to Myanmar Times, various stakeholders, from all states and regions, have established an executive committee that will negotiate to be part of the […]

Rival on the rise

While Cambodia’s economic development is often compared to that of neighbouring Vietnam and Thailand’s, industry insiders say the Kingdom needs to keep a close eye on the steady progress being made in Myanmar, which is predicted to eat into Cambodia’s exports in the long term. After decades of isolation, Myanmar has in the last four […]

Japan: Myanmar’s top market for garment

Japan has been Myanmar’s top market for garment till this year, with South Korea the largest investor in the industry, according to Myanmar Garment Manufacturers Association. “South Korea invested the most in the garment industry. It has at least 20 garment factories running. The foreign countries which invested in the industry are Japan, South Korea, […]