Myanmar was included on sanctions lists in the European Union and the U.S. in 2021, and one of the consequences was that all wood imports were barred. Photo: Oceanco ...

A court has fined a British luxury yacht builder for importing wood from Myanmar linked to the illegal timber trade, often referred to as blood teak. Sunseeker International, based in Poole ...

Teak wood exports are being restricted as the Myanmar Government transfers operations from a government business to private enterprise. Only 20% of the volume is to be exported compared to last ...