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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.
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.
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.
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.