Agarwood, a resinous substance produced by tree species in the Aquilaria and Gyrinops genera, is a prized source of natural perfume and incense, and is regularly smuggled out of Sri Lanka. Although ...

The value of an Agarwood (Wallapatta) tree in Sri Lanka will soar to more than Rs. 1 million by 2028 with properly curated product diversification, Kumar Dharmasena, Chairman of Pintanna Plantations ...

In a significant boost to Sri Lanka’s agri-tech ambitions, the Lotus Group of Companies has launched the nation’s first ...

=The tree produces resin called Agarwood used in expensive perfumes which locals are ignorant of while experts, authorities scramble to protect it Walla Patta, scientifically known as Gyrinops walla, ...

Central Bank of Sri Lanka (CBSL) has launched investigations into multiple complaints it has received regarding the collection of cash deposits for plantation investment projects. Recently, the ...

Only 40 per cent of the demand for Agarwood – ‘Aqularia Crassna’ – a key ingredient in producing most expensive perfumes worldwide, is met by the current production levels in various countries.

A new chapter in Sri Lanka’s agricultural innovation has begun with the establishment of the first export-oriented private ...

SINGAPORE, July 23, 2014 /PRNewswire/ -- Traditional Chinese Medicine (TCM) already has an important role for agarwood where it is used to relieve spasms and pain, treat the digestive system, regulate ...

Over the course of 2015, award-winning plantation management company, Asia Plantation Capital, has expanded its inoculation and plantation programme for Aquilaria trees into Malaysia – home to ...