From food to cosmetics, Japan firms eye Malaysia’s halal industry

Japanese companies active in food, cosmetics, logistics, transportation and storage are keen to tap the Malaysian market in a drive to appeal to Muslim customers globally, Yoshimi Gunji(Aug 9 filepic), the head of SMBC

KUALA LUMPUR: Japan’s Sumitomo Mitsui Banking Corp (SMBC) is looking to back a push by Japanese firms planning to invest in Malaysia’s syariah-compliant halal market, an SMBC official said.

Japanese companies active in food, cosmetics, logistics, transportation and storage are keen to tap the Malaysian market in a drive to appeal to Muslim customers globally, Yoshimi Gunji, the head of SMBC’s Malaysia operations told Reuters in an interview on Thursday.