Myanmar has invited open tender for sale of teak and hardwood logs and sawn timber in Yangon, setting the date of the sale for Friday and next Monday, according to an announcement of the Myanmar Timber Enterprise (MTE). The forest products to be tendered include more than 1,240 tonnes of teak logs, 410 tonnes of […]
MTE to sell wood through open tender
January 21, 2015 by
Myanma Timber Enterprise (MTE) will sell more than 5,700 tonnes of logs and sawn timber through an open tender system. “At present more than 300,000 tonnes of timber have been sold out to Myanmar businessmen. According to the open tender system, the person who offers the highest price can buy the timber. Some businessmen saw […]
Government Limits Timber, Privatises Some Production
January 14, 2015 by
The government has limited timber production to 1.16 million tonnes per year, state-run Myanmar Timber Enterprise (MTE) announced. According to MTE statistics, fiscal year 2013-14 saw 925,050 tonnes of timber produced, and this fiscal year’s production saw 730,000 tonnes extracted in the first nine months. Beginning this fiscal year, the government forbade the export of […]
Myanmar teak, hard wood export in FY 2013-14 breaks record
October 13, 2014 by
Myanmar teak, hard wood export in FY 2013-14 breaks record YANGON, Oct. 6 (Xinhua) — Myanmar exported over 1.5 million tons of teak and hard wood in fiscal year 2013-14, breaking the record of 1.1 million tons of teak and hard wood export in fiscal year 2007-08 which was the highest export value in the […]
VP Nyan Htun contemplates Myanmar’s energy needs
September 22, 2014 by
Burmese Vice- President Nyan Htun has raised concerns about energy consumption in Myanmar. At the National Energy Management Committee meeting in Naypyidaw on Tuesday, he pointed out that Myanmar still derives 76 percent of its energy from non-renewable resources such as wood and charcoal. The vice-president added that Myanmar’s energy consumption is much less when […]
Imported Timbers Key for Wood Processing Industry
September 11, 2014 by
The growth of Myanmar’s timber-processing industry will rely more on timbers imported from abroad than those produced domestically, industry insiders say. Despite heaving logging inside Myanmar, raw timber from outside of the country will ensure more profit for the timber-processing plants, which have increasingly received foreign investment, said U Bar Bar Cho from the Myanmar […]
Myanmar Rosewood Stolen to Feed China’s Elite Furniture Craze
July 16, 2014 by
Myanmar’s precious rosewood tree species are heading for imminent commercial extinction at the hands of China’s multi-billion dollar rosewood furniture boom, an environmental conservation group said. The illegal trade in rosewood species is driven by the expanding wealthy elites in China and their desire for the high-end Ming and Qing dynasty reproduction furniture collectively known […]
750,000 Tonnes of Left Logs to Be Sold Via Open Tenders
June 9, 2014 by
More than half a million tonnes of logs which are left at wood yards throughout Myanmar following a state-imposed log export ban will be up for sale soon through open tenders, a minister said. As the government enforced a ban on exports of raw timber from April 1, over 750,000 tonnes of logs got stuck […]
Border trade with China increases three-fold
December 23, 2013 by
Myanmar’s border trade with China has increased three-fold in this fiscal year, reaching nearly US$ 3 billion as of December 13, according to the Department of Commerce and Consumer Affairs. The total trade figure hit US$2.88 billion between April 1 and December 13, in which export to China accounted for US$1.94 billion while import made […]
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