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Loopholes in Myanmar’s Forest Sector Cost Govt Million in Revenue

YANGON—Internationally known for forestry products such as teak, timber extraction in Myanmar is lucrative. The website of the Myanmar Timber Enterprise (MTE) boasts that the “forestry sector in Myanmar is one of the major contributors to the national economy.” A new report from the Myanmar Extractive Industries Transparency Initiative (MEITI) reveals that the forest sector […]

Enterprise to auction off timber in three regions

The government will auction off 5400 tonnes of logs and timber to small- and medium-sized businesses in Mandalay, Sagaing and Yangon regions in February. The state-owned Myanmar Timber Enterprise announced the auction at an event organised by Mandalay’s Chambers of Commerce and Industry in Mandalay on Wednesday. “I cannot say what will happen in the […]

Representatives call for review of SOE law

Representatives of Parliament have urged lawmakers to review an existing law under which the government must bail out loss-making State-owned enterprises (SOEs) with public funds. A total of 17 out of the 26 Myanmar SOEs under the Union budget are expected to turn a profit in 2018-19, commencing October 1, according to the Ministry of […]

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 […]

Myanmar struggles to fight the crimes of illegal logging

• Illegal logging uses the same mechanisms employed by organized crime, yet enforcement agents in Myanmar must use environmental protection laws to combat smuggling. • During a series of seizures in January of this year, the forestry department seized hundreds of tons of illegally logged teak bound for China. • One of the key witnesses […]

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 […]

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 […]

Myanmar’s Logging Ban Feeds shadow Economy of Illegal Trade

For the duration of the ban, which runs into April 2017, any demand for wood is expected to be met through stockpiled wood controlled by the government’s logging entity Myanmar Timber Enterprise (MTE). The ban is seen as a way to not only protect Myanmar’s forests but to save lives. In 2012 the UN ranked […]

Illegal Myanmar Teak Importation Widespread to EU, Investigation Finds

The Environmental Investigation Agency (EIA) released allegations Tuesday about what it says is the illegal importation of Burmese teak from Myanmar to the EU. In a two-month undercover investigation, staff from EIA, a UK-based campaigning organization, posed as prospective buyers and approached nine importers working in five EU countries. In a brief, the organization reports […]