Sunday, May 11, 2025
Aquilaria (agarwood) green gold, touted to be the most expensive but highly regulated in the PHL
Looking forward to the future of business
It was mentioned that harvessting from the wild especially in the mountains of Samar Leyte in Mindanao are covered. Those in the wild command the best price and quality. The domestic inoculated ones are not that regulated. However the germination planting, harvesting and trading need DENR and CITES approval. This adds another layer of complexity to the growing and marketing of AGAR. You need to inoculate this. However some say that in China, they do not encourage inoculation because the process causes lower quality and hence price.
This post thought there was a law, but only DENR regulations. They say they have to do this because Aquilaria is endangered because of the poaching because of the high value.
The first to be legalized farming is that of IBA Botanicals headed by Ben Mead. They collaborated with Gourmet in Silang and now selling seedlings.
However it does not seem to be endangered. There seems to be millions all ready planted here in the Philippines.
Why do they seem to make it so hard? No wonder many Filipinos are poor. Our regulations keep us from becoming wealthy
Labels:
Ben Mead,
CITES,
DENR,
Gourmet,
IBA Botanicals,
regulated,
Silang Cavite,
wild
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