fbpx

Myanmar Timber Enterprise targets higher sales, commercial restructuring

State-owned Myanmar Timber Enterprise (MTE) is targeting sales of 5,000 tonnes of teak and 100,000 tonnes of hard wood during the six-month period between April and October this year. The sales are expected to generate K63 billion in revenues, MTE deputy general manager U Khin Maung Kyi told The Myanmar Times. Sales will be conducted […]

Timber auctions temporarily suspended as illegal trading rises

Auctions for timber rejected by the Myanma Timber Enterprise (MTE), which are conducted by the Forest Department under the Ministry of Natural Resources and Environmental Conservation, have been suspended since December 29, ministry officials confirmed. The auctions, which are typically held across the regions and states, have been temporarily suspended in an attempt to control […]

MIC Suspends New Investments in Timber Businesses

Permission for to start new timber-based businesses will be temporarily suspended in Myanmar, the Myanmar Investment Commission (MIC) said in a November 16 statement, which was made public by the Directorate of Investment and Companies Administration (DICA) this week. To preserve the country’s forests and limit illegal logging activities, the MIC will temporarily stop issuing […]

Local log exporters concerned about foreign competition

LOG exporting businesses in Myanmar have requested the government to hold tenders only open to domestic log traders. Log merchants have called for the Myanma Timber Enterprise (MTE), which is under the Ministry of Resource and Environmental Conservation, to hold separate tenders for local wood-based industry merchants engaging in the business of exporting logs of […]

Timber group replaces sub-contractors with service providers

This comes after it previously said no more sub-contracts would be issued. It announced that the decision to hire service providers was due to the MTE’s capacity limits. Experts have questioned the differences between sub-contractors and service providers and argued that transparency is essential in any reformed processes. Last year, the MTE announced that it […]

Timber industry faces challenges in the voluntary partnership agreement process in forest governance

“The government has concerns and the fact that is does not have the trust of multiple stakeholders is a challenge for the process. “Every change implies sacrificing the interests of certain people, or things, for a certain time but it will be a benefit in the long run, resulting in a sustainable enterprise,” he said. […]

Environmental Agency Praises Danish Divestment from Burmese Teak

​​ RANGOON – An international environmental NGO, the Environmental Investigation Agency (EIA), has said it welcomed the Danish authorities’ ruling banning Burmese teak from its markets. The decision was the second such move from Scandinavia, following a similar Swedish ruling last November. Danish authorities ruled on Monday, March 13 that injunctions be placed on all […]

Myanma Timber Enterprise to Respond to Danish Teak Sanctions

​​ Danish authorities have made a ruling to place injunctions on all seven Danish operators bringing Myanmar teak into the Scandinavian country. Myanma Timber Enterprise (MTE) has plans to respond to the sanctions placed on the entire Myanmar teak industry, according to U Khin Maung Kyi, deputy general manager (extraction) of MTE. “We will somehow […]

14,000 Tonnes of Wood Set for Tender

Subscribe to our tender alert mailing list Myanmar Timber Enterprise plans to call an open tender for about 14,280 tonnes of wood and timber, the tender committee said yesterday. The committee said timber and wood from Yangon, Sagaing, Mandalay, Ayeyawady, Bago, Tanintharyi regions and Shan, Kachin, and Rakhine states will be sold. The auction will […]

Furniture Industry Tables Tax Breaks to Boost Exports

​​ Tax incentives and reformed timber laws could rescue Myanmar’s neglected furniture industry and help it become a regional powerhouse, say forestry industry sources. At a December 1 meeting with Vice President U Myint Swe, they called for government support in ending and reversing what they called a 25-year decline in furniture manufacturing. U Kyaw […]