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Halal industry in the country is highly developed

IN Malaysia, the word halal is no longer a foreign term anymore. Halal, in terms of food and drinks, simply means foods that are permissible for Muslims to consume under Islamic syariah law.

Business

Relatively huge untapped halal market in the region

THE huge relatively untapped halal market in the region, in which Malaysia is a major player and exporter, is a big business. Realising this growing market, more marketers are venturing or looking into the halal business to promote their brands amid strong demand for halal products locally and abroad.

Business

Malaysia aims to be world halal hub

KUALA LUMPUR: Malaysia with its comprehensive halal ecosystem wants to position itself as the halal hub in the Asian region, if not the world.

Business

Irda plans halal hub in Iskandar

JOHOR BARU: Plans are in the pipeline to develop a dedicated halal industrial park in Iskandar Malaysia focusing on the halal food and agro-processing related activities.

Business

Halal expo targets Japanese market

KUALA LUMPUR: The inaugural Malaysia Halal Expo (MHE) 2019 this week aims to achieve RM50mil in negotiated sales from its three-day event.

Business

UTM, Irda plan halal industrial park in Iskandar

JOHOR BARU: Universiti Teknologi Malaysia (UTM) and the Iskandar Regional Development Authority (Irda) are currently in discussion to develop a dedicated halal industrial park in Iskandar Malaysia.

Business

HDC remains optimistic of RM50bil halal export by 2020

PETALING JAYA: Halal Industry Development Corporation (HDC) remained optimistic of hitting RM50 billion export target by 2020, despite recording a lower halal export of RM40 billion last year, says vice president Hanisofian Alias.

Business

CIMB and partners target 10% China halal trade financing

KUALA LUMPUR: CIMB Group Holdings Bhd and its collaborators aim to capture 5% to 10% in trade financing from the China halal market, which is forecast to be worth US$2 trillion by 2021.

Business

Brahim’s to supply Halal meals under MoU with Labuan Halal Hub

KUALA LUMPUR: Brahim’s Holdings Bhd will produce and supply Halal meals to offshore oil platforms and vessels under an MoU with Labuan Halal Hub Sdn Bhd.

Business

RM1.6bil private equity fund for halal industry

KUALA LUMPUR: A US$500mil (RM1.55bil) private equity fund to focus on global opportunities in the halal industry would be raised over the next three years.