Zafrul: Country’s halal exports reach RM54bil in 2023


Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUANTAN: The value of Malaysia’s halal exports reached RM54bil in 2023, says Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz

He said the halal industry plays a vital role as a catalyst for the country’s economic growth, and the sector has tremendous potential to grow as the global halal industry, including both products and services, is expected to hit US$5 trillion by 2030.

The minister said that the government is committed to increasing the number of entrepreneurs producing halal products, and several approaches have been taken, including the Jelajah Halal Malaysia (JHM) programme carried out by its agency, the Halal Development Corp Bhd (HDC)

“JHM aims to help micro, small and medium industries (MSMEs) gain exposure to opportunities to penetrate domestic and export markets in the halal industry.

“Since the JHM programme’s inception in 2022, more than 1,800 MSMEs have successfully participated in the programme,” he said in his speech at the Jelajah Halal Malaysia@Paya Besar event here yesterday. — Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

FBM KLCI dips after five-day rally, poised to end on a weekly gain
Advance estimate puts Malaysia's 4Q GDP at 5.7%
Applications open for Jelawang Capital's next Emerging Fund Managers' programme
Oil flat as chances of US strike on Iran recedes
Asia shares near record high on AI optimism, dollar up on receding Fed cut bets
Singapore's December exports rise 6.1% y-o-y, weaker than expected
PNB offers US$300mil secured exchangeable sukuk to strengthen portfolio diversification
Bursa Malaysia buoyed by improved investor appetite
IMF's growth forecasts to show resilience to global trade shocks, Georgieva says
Trading ideas: Binastra, Kerjaya Prospek, D&O, Dengkil, SkyGate, NexG, Vestland, Chin Hin, SC Estate Builder, ES Sunlogy, Infomina

Others Also Read