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MAYUMBA, Gabon (Reuters) - With its oil reserves in decline, Gabon is betting that careful logging can safeguard the vast wealth of its forests, halving carbon emissions associated with the industry while producing more timber.
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Monday (June 28)
Wood products exports are expected to rise to a record US$15-16 billion this year despite the impacts of the Covid-19 pandemic. They were worth $12.5 billion last year.
BRASILIA (Reuters) -Brazilian Environment Minister Ricardo Salles quit on Wednesday, facing a criminal investigation of whether he obstructed a police probe of illegal logging in the Amazon rainforest.
News highlights from Asean countries in the Star-AseanPlus section for Friday (April 16)
HANOI (Vietnam News/ANN): Vietnam's wood exports have increased over the last few years, and are expected to reach a new record in 2021.
HANOI (Vietnam News/ANN): Vietnam's wood export turnover this year is expected to reach a record high of nearly US$12.5 billion despite impacts of the Covid-19 pandemic as well as risks from export markets and the country’s policy changes in controlling the legality of imported wood materials.
BRASILIA (Reuters) - Over the past year Brazil exported thousands of cargoes of wood from an Amazonian port without authorization from the federal environment agency, increasing the risk they originated from illegally deforested land, two sources with direct knowledge of the matter told Reuters.
LIBREVILLE (Reuters) - Gabon's President Ali Bongo has fired his vice president and his forests minister, his office said on Wednesday, after hundreds of containers of illegally logged kevazingo wood that had been seized went missing.
IN the second quarter of 2017 (2Q17), Petronas Dagangan Bhd (PetDag) registered core earnings of RM228mil, which led to a 6% year-on-year (y-o-y) rise.