Halal is 5% of Malaysia’s total export, minister announced
Minister of International Trade and Industry announced Malaysia’s export value for Halal products in 2011 to be RM35.4 billion, or 5.1% of total exports.
After suspending live cattle trade to Indonesia following exposures of animal cruelty, Australians are now rallying for a complete ban of the A$1 billion live animal export trade.
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Strong Malaysia-China trade prompts HDC to introduce Halal programmes in China
14.06.2011 3 Comments
Malaysia’s trade with China has been experiencing robust growth of late, prompting government-owned HDC to commit in assisting the development of China’s Halal industry.
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A Malaysian minister said a strategic trading block for Muslim nations under the auspices of the Organisation of the Islamic Conference (OIC) is possible, provided they are united.
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The Thai Department of Export Promotion (DEP) has advised local private sectors to penetrate China’s halal food market, as the market is growing over 20pc a year.
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There are immense opportunities in the Halal food and agribusiness sector globally, and the red meat trade is seen as the most lucrative for Pakistani companies.
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Trade between Pakistan and Malaysia exceeded the US$2.5 billion mark in 2010, registering an overall increase of 34 percent against total trade of US$1.86 billion in the previous year
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Malaysia is now at the forefront of the global Halal sector and the local small and medium-sized enterprises (SME) sector should use this to secure better market penetration for their Halal products and services.
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The eighth International Halal Showcase (Mihas 2011) which opens Wednesday will see 401 companies and 32 countries showcasing what they have to offer.
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Speakers of the upcoming WHF 2011 will shed some light on the relevance of Islamic finance in the mainstream industries and how small and medium industries can benefit from it.
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Speakers of the upcoming WHF 2011 will shed some light on the relevance of Islamic finance in the mainstream industries and how small and medium industries can benefit from it.
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The Halal Steering Group of Eblex, the organisation for UK beef and sheep industry, will meet trade representatives from the United Arab Emirates in a bid to open up Halal meat export markets to the Middle East.
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The unrest in the Middle East could render a blow to Malaysia’s ambitions for a sustained surge in exports to the UAE in 2011, although the government is hopeful that Halal trade can fuel stronger imports from the region.
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AHA is a non-profit trade association formed to define, unite, protect and promote the growing Halal Industry and its players.
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The New Zealand Meat Industry Association is hoping a new agreement arrangement with Malaysia on halal requirements will help restore the beef trade there.
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Malaysian logistic provider Kontena Nasional expects four more of its warehouses to be Halal certified by Jakim by end of January next year in its aim to facilitate halal trade.
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