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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
