Agarwood trees – or Aquilaria Malaccensis – are being logged by the tens of thousands in Malaysian jungles, mostly by foreigners because of the valuable agarwood, known locally as gaharu. One kilogramme of agarwood can fetch between RM4,000 and RM20,000 and its woodchips – which are turned into essential oils used in perfume and incense – fuel a RM26bil global trade every year. The rareness and value of agarwood oil has led traders to call it “liquid gold” and has sparked many to either grow or log Agarwood trees for profit. Tan is worried about the agarwood going extinct. This gold […]
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