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Agarwood perfume industry yet to offset pandemic shocks

Bangladesh’s agarwood-based perfume industry is struggling to bounce back from the Covid-19 fallouts as traders from the Middle East are yet to resume making purchases in full swing, leaving perfumers and raw material suppliers in the lurch. ....

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Tk 68cr project to amp up agarwood exports

Tk 68cr project to amp up agarwood exports
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United Arab Emirates , Hong Kong , Bangladesh General , Republic Of , Ar Riya , Saudi Arabia , Masudur Rahman , Mohammad Jakir Hossain , Jakir Hossain , Ansarul Haque , Abdul Kabir , Moulvibazar Barlekha , Importers Association , Ministry Of Environment , Bangladesh Forest Research Institute , Department Of Forest , Climate Change , Agar Resin Collection Technology , High Quality , Executive Committee , National Economic Council , Biomaterials Science , Bangladesh Agar , Perfume Manufacturers , Chattogram Hill Tracts , ஒன்றுபட்டது அரபு அமீரகங்கள் ,

Moulvibazar's perfume business faces setback amid pandemic

The production of Agar-atar is mainly a Middle Eastern business, according to Majid.
But I sent very little last year as the demand had been reduced by as much as 25 per cent, he said.
It is also uncertain when the situation will return to normal. I have unsold products worth around Tk 7-8 lakh. I stopped the production as it is still left unsold. So, workers will have to be paid the cost of production but if it is not sold, the loss will be multiplied.
In my factory, there were 10-12 people who used to do agar wood finishing work. Big traders are at a higher loss as many of them have unsold agar-atar worth crores of taka, he added. ....

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