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February 1, 2018
Myanmar government orders cut in teak production, while banning private timber operations
Myanmar's government ordered the teak production to be reduced by 40% in the 2017-2018 fiscal year. Also, it put a ban on private timber operations, as to control the loss of forest cover. The Naypyitaw Forestry Department made the announcement and it will also oversee the production of only 15,000 tons of teak and 350,000 tons of hardwood from forests across the country. According to Irrawaddy, the state-owned Myanma Timber Enterprise has a quota to cut down 19,200 teak trees and 592,330 timber trees annually ...
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