Agarwood Business Philippines

About

Last update: June 24, 2026

Why this site exists

Jesse Veluz standing beside one of his agarwood trees at a Bukidnon plantation on February 13, 2026.

This photo was taken on February 13, 2026, at an agarwood plantation in Bukidnon. I took some video while I was up there too. If you'd rather see the plantation than read about it, I put the clips on my YouTube channel, Agarwood Farming Philippines.

How I got here

My interest in agarwood started with my brother. One day he told me about a kind of tree that's worth an unusual amount of money — lumber as a livelihood wasn't new to me; some people make real income from it. But what he described sounded like something else entirely. When he walked me through the numbers, I was genuinely surprised a tree like that exists. At first, I didn't understand why anyone would pay what people pay for agarwood.

It took me about two months to actually get what he meant. Somewhere in there, I started reading about agarwood on Wikipedia, and once I did, I believed it quickly — agarwood was real, and what my brother had been telling me checked out.

At first, I assumed this wasn't for me. I don't own a large piece of land to plant agarwood on, and learning that growers need a permit from the Department of Environment and Natural Resources before they can even start only reinforced that feeling — this seemed built for people with more land and more patience for paperwork than I had.

Then my brother set up a Zoom call with someone from a plantation company and invited me to join. That call is where I learned agarwood farming doesn't require owning land at all, if you go through a managed plantation. Three months after my brother first brought it up, on August 16, 2025, both of us became plantation partners.

I know the risk. You don't get anywhere without risking something — that's true of pretty much any opportunity worth taking. My trees are still young, and I genuinely can't tell you yet whether I'm doing well. I'm letting the time pass. The journey is usually said to run about seven to eight years, sometimes longer, and that's a long stretch — but it's the deal I signed up for, and I took it knowingly.

Why this site exists

There are two honest reasons behind this site, and I'd rather say both than pretend it's only one.

The first: I'm an ambassador for the plantation, and I earn a 3% referral fee on the total contract value if you become a client through a link here. That's disclosed at the top of the report, in the privacy policy, and in the terms — and I'm repeating it here too, because this is the page about who I am and why this exists, and leaving it out here specifically would be a strange place to go quiet about it.

The second: I'm not trying to encourage you into anything. I'm not a business expert, and I'm not an agronomist — what I built here is meant to tell you what I've actually seen and learned from this industry, not to talk you into joining it. Explore it. See whether this kind of opportunity genuinely fits your situation, not just whether it sounds exciting.

Both can be true at once

Plenty of people care about something and also make money from it — a real estate agent can genuinely want you to find a home you'll love and still earn a commission when you buy one. What actually tells you which motive is doing the driving here isn't anything I say on this page. It's whether the rest of this site reads like it's trying to rush you, or trying to slow you down long enough to understand what you're looking at. Read the risk section. Read the myths section. If anything here ever reads like a sales pitch instead of a straight account, tell me — see the contact page.

Why I think this is worth exploring

The Philippines happens to have the right climate for agarwood to grow naturally — that part is just luck of geography. Other countries, India and Thailand especially, have been building real industries around it for years already. The Philippines came to this later, but we're catching up. I think that's worth something for Filipino landowners and farmers willing to look into it carefully — not as a promise of quick money, but as a genuine option worth understanding properly before deciding it's not for you, the way I almost did.

Who I am, outside of this

I work full-time as a full-stack web developer — www.jesseveluz.com. Agronomy and finance aren't my training, and I don't pretend otherwise — everything in the report is sourced from elsewhere, not from personal expertise, and the reference list at the end of it shows exactly where. Off the clock, I'm a husband and father who'd take a beach afternoon with my family over a desk any weekend.

My own trees haven't reached harvest yet, so I can't tell you what they'll actually produce or sell for. What I can tell you is what I've learned researching this carefully enough to put my name on it.