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.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

Ringgit ends easier against US dollar, stronger versus other major currencies
FGV names Rastam Mohd Isa as new chairman
Samaiden and Meta Bright collaborate to advance clean energy initiatives within APAC
Tomei units get pawnbroking, money lending license
VS Industry expects sustained sales growth after 86% profit surge
Ecoscience gets RM38mil construction job
Aeon Credit stays vigilant amid economic challenges
SNS Network upbeat on ICT industry growth
Powerwell wins purchase orders worth RM9.3mil
5G coverage in populated areas at 68.8% as of Aug 31

Others Also Read