Iba Botanicals imports agarwood seedlings from India | Jonathan L. Mayuga - BusinessMirror


7/3/2022 12:00:00 AM3 years 8 months ago
by Jonathan L. Mayuga

Agarwood is the most expensive forest product in the world.  Agarwood chips, obtained from the heartwood of Aquilaria species like the Aquilaria malaccensis or locally known as lapnisan, a naturally occurring species in the Philippines, can fetch up to $100,0…

The first batch of 25,000 live agarwood-producing tree seedlings imported from India arrived in the Philippines, according to the chief executive of Iba Botanicals. With the arrival from India today… [+2259 chars]

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