The Halal Times
Global Halal, Islamic Finance News At Your Fingertips
Plans are in the pipeline to forge partnerships between small and medium-sized enterprises (SMEs) from Qatar and Malaysia to bolster further growth of Malaysian halal brands in the Qatari market, said Mohd Mustafa Abdul Aziz, CEO of the Malaysia External Trade Development Corporation (Matrade). Similarly, Abdul Aziz said plans are afoot for knowledge exchange and …
The halal industry is expected to contribute 8.1 percent to Malaysia’s Gross Domestic Product (GDP) and generate RM56 billion export revenue in 2025 compared to RM30.6 billion in 2020, according to the 12th Malaysia Plan (12MP) document released by the Economic Planning Unit (EPU) Monday. The halal industry, therefore, would be strengthened to produce competitive …
KUALA LUMPUR: Halal Development Corp (HDC) expects 6,000 participants for its 12th World Halal Conference (WHC) this year, as interested parties will be able to attend the conference both physically and virtually. HDC chief executive officer Hairol Ariffein Sahari said the conference would be held for the first time in a hybrid manner. WHC has …
KUALA LUMPUR: Malaysian government has urged small and medium enterprises (SMEs) in the halal sector to go digital to get more business from overseas markets. Prof Dr. Suhaimi Ab Rahman, deputy dean of Universiti Putra Malaysia’s (UPM) Economics and Management Faculty (Research, Industrial Network, and Society), said the SMEs need to be proficient in the …
WASHINGTON- The World Bank is estimating that the coronavirus outbreak will cause economic growth to slow significantly this year in China and other East Asian-Pacific countries, throwing millions into poverty. Under a worst-case scenario, the region could suffer its sharpest downturn since a devastating currency crisis more than two decades ago, the bank said in …
