Another German company, Wolz Nautic GmbH, was linked to the supply of illegal teak in the Sunseeker court case, which begs ...

In Myanmar, the revenue in the Kitchen & Dining Furniture market reaches US$57.94m in 2024. It is projected to experience an annual growth rate of 3.21% (CAGR 2024-2029). Comparing globally, United ...

In Myanmar, the revenue generated in the Home Office Furniture market in 2024 amounts to US$48.77m. It is projected that the market will experience an annual growth rate of 4.21% (CAGR 2024-2029).

Teak is one of the most valuable hardwoods, used in yachts, home flooring, doors, window frames and furniture. Myanmar is the biggest producer of the wood, even though its natural forests are ...

Prosecutors imposed a hefty fine on the company for violating Europe’s law against illegal timber products, according to ICIJ media partner NRC.

Dutch boatbuilder Oceanco says it has 'deep regrets' after it was issued with a penalty order of €150,000 for using illicit ...