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Word: traded (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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...Until recently, nests were mainly harvested from caves in the wild, and the trade was dominated by a ruthless and well-connected élite. Now, fueled by insatiable demand from prospering China, a regional boom in farming nests in purpose-built birdhouses - "swiftlet condos," as they're sometimes called - is democratizing the business. "It's recession-proof," enthuses Harry Kok, a retired Malaysian engineer who owns or has shares in five birdhouses and writes a blog on the subject from his Kuala Lumpur home. "The overheads are minimal. You don't have a factory with so many workers. Right...

Author: /time Magazine | Title: Bird Bonanza | 7/20/2009 | See Source »

...Thai towns, these figures are probably gross underestimates. In Indonesia, the world's largest supplier, the industry is bigger than Malaysia's and Thailand's combined. Hong Kong, a major consumer, imported nests worth $276 million last year, up from $204 million in 2006, according to the Hong Kong Trade Development Council. (See pictures of how Indonesia is complicating efforts to control the outbreaks of avian...

Author: /time Magazine | Title: Bird Bonanza | 7/20/2009 | See Source »

...some respects, the birdhouse business resembles the trade in nests harvested from the wild, a side of the industry that is murky and sometimes violent; in the past, only those with money, muscle and good political connections prospered. In Thailand, fewer than a dozen companies harvest nests from some 170 islands in the Gulf of Thailand and the Andaman Sea, in return for paying multimillion-dollar concession fees to the government. The remote islands are guarded by dozens of armed men - in effect private armies - and are often run "like independent states," says Jandam, the author of the industry study...

Author: /time Magazine | Title: Bird Bonanza | 7/20/2009 | See Source »

...some other Phatthalung subdistricts unblessed by nesting swiftlets. In 1997, the Thai government passed legislation to make the industry more transparent and ensure that government revenue from concessions is funneled back into local communities. But a string of unsolved murders on Koh Mak indicates hazardous aspects of the harvesting trade linger. Pradit Jariya, 35, has been administrative chief of the island for a year now. It's quite an achievement, considering the fates of the three subdistrict chiefs before him. Last July, his predecessor was sitting by a lagoon when the M-16-toting occupants of a speedboat pumped into...

Author: /time Magazine | Title: Bird Bonanza | 7/20/2009 | See Source »

...birdhouses have licenses. The rest contravene local wildlife-protection laws that forbid swiftlet farms in urban areas. Sarawak's once profitable industry is grounded for now. But with unflagging demand from China, and increasing numbers of birdhouses popping up in Vietnam, Cambodia and the Philippines, the regionwide trade in birds' nests is heading in only one direction: upward...

Author: /time Magazine | Title: Bird Bonanza | 7/20/2009 | See Source »

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