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Old December 6th, 2017, 08:09 AM   #41
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Pharmaniaga invests RM100m on halal, affordable vaccines
By OOI TEE CHING - December 5, 2017 @ 7:48pm



Quote:
KUALA LUMPUR: Pharmaniaga Bhd is investing RM100 million in the next five years to make halal and affordable vaccines for local use and export.

This follows Pharmaniaga signing a collaboration agreement with Technology Depository Agency (TDA) and India-based Hilleman Laboratories here today.

Under the partnership, Pharmaniaga will establish halal vaccines manufacturing facility here, conduct clinical trials, manage regulatory matters and facilitate products’ commercialisation.

"We already have a building in Puchong. We are in the midst of putting the facilities in, which include all the equipment," said Pharmaniaga managing director Datuk Farshila Emran.

"We are hoping to have the facility ready between two to three years from now and start to produce the vaccine,” she told reporters at the ceremony.

She said it will take up to five years to commercialise the research by Hilleman Laboratories.

"We are looking produce vaccines for diphtheria and meningitis," she said.

Malaysia’s Health Minister Datuk S. Subramaniam officiated at the signing ceremony.

Hilleman is a vaccine research organisation in India while TDA is fully owned by Malaysia's Ministry of Finance Inc.

Pharmaniaga chairman Tan Sri Lodin Wok Kamaruddin, Hilleman chief executive officer Dr Davinder Gill and TDA chief executive officer Datuk Zailani Safari were present at the event.

Subramaniam assures that his ministry is keeping tabs on the vaccine safety while the halal processes will be endorsed by Malaysia's Department of Islamic Development or Jabatan Kemajuan Islam Malaysia (Jakim).
https://www.nst.com.my/business/2017...dable-vaccines

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Old January 5th, 2018, 04:50 AM   #42
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MALAYSIA
AJ Pharma to turn Malaysia into halal vaccine hub
Thursday January 4, 2018
05:36 PM GMT+8



Quote:
KUALA LUMPUR, Jan 4 — Malaysia is set to become a hub for halal vaccines with the completion of formulation and fill-finish facilities built by AJ Pharma Holding Sdn Bhd, a subsidiary of Saudi-based AJ Vaccines Group, in the first quarter of 2018.

AJ Vaccines Group Chairman Dr Tabassum Khan said the company is currently dealing with some regulatory issues which should be resolved within the next few weeks.

“We will make an announcement soon. We are trying to make Malaysia the hub for Asia Pacific and the Middle East for these halal vaccines, most probably in January or February,” he said in an interview with local business radio station BFM today.

AJ Vaccines produces and sells vaccines from its production site in Copenhagen, Denmark.

Tabassum said the facilities with a gross development value of RM330 million would be located in Bandar Enstek, Negeri Sembilan and would employ between 400 and 500 people.

He said that the company acquired a global vaccine business in Denmark in February last year and brought the technology to Malaysia.

“We are currently developing vaccines for the Malaysian market and also for export markets such as Indonesia and Europe. The ratio is about 25:75 per cent,” he said.

The vaccines will not only cater for the Muslim market, but also non-Muslim, Tabassum said, adding that the company expects the halal vaccine market to be worth between US$1.3 billion and US$1.4 billion by 2020.

AJ Vaccines is a part of the Al-Jomaih Group, which focuses on investments in the healthcare and biotechnology sectors in Malaysia and the region.

The group is among the top 10 conglomerates in Saudi Arabia, with a revenue about US$3 billion in the kingdom. — Bernama
Read more at http://www.themalaymailonline.com/ma...kR4JqHzXXjP.99
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Old February 5th, 2018, 09:48 AM   #43
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Business
MIHAS 2018: Best platform for halal products
3rd February, 2018


Quote:
KUALA LUMPUR: The Malaysian International Halal Showcase 2018 (MIHAS 2018), from April 4-8, 2018 at the Malaysia International Trade and Exhibition Centre here, will be the largest and best platform for halal industry leaders to showcase their products at an international level

Malaysia External Trade Development Corp (MATRADE) Food, Biotech, Halal Unit Products and Services Promotion Division Director, Mohammad Aminuddin Sham Tajudi, told Bernama the halal industry was growing rapidly on strong demand from both Muslim and non-Mulsim consumers globally.

“We expect visitors to increase by 10-15 per cent, or 26,000, at MIHAS 2018, which will have over 1,000 exhibition booths.

“The participants will include firms from Association of Southeast Asian Nations, Turkey, South Africa, Palestine, Iran, United Arab Emirates, China, Japan, Taiwan and South Korea, among others,” he said.

Aminuddin said the choice of a new location this year was expected to attract more exhibitors.

“MIHAS 2018 will debut several new sectors that are expected to interest visitors seeking better understanding on the halal products sector.

“Among them are financial and takaful services, halal logistics, digital business and tourism,” he said.

In another development, he said, the International Sourcing Programme was expected to bring higher quality foreign buyers to help local businesses move into the global market.

“Premium quality buyers from around the world will meet with local exporters to familiarise themselves with halal products and services that can be marketer overseas,” he said.

All 46 MATRADE offices worldwide have been identifying companies that are interested in buying Malaysian halal products.

Last year, INSP generated sales of RM300 million through over 2,000 meetings between 156 foreign buyers from 44 countries, he said.

More information on MIHAS 2018 can be found at www.mihas.com.my. –Bernama
http://www.newsabahtimes.com.my/nstweb/fullstory/21532
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Old February 22nd, 2018, 05:21 PM   #44
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NY Steak Shack plans to expand to Kuwait, Japan
February 22, 2018 @ 4:46pm

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PUTRAJAYA: NY Steak Shack (NYSS), a casual-dining restaurant inspired by New York city, plans to expand its halal western food business empire internationally by opening branches in Kuwait and Japan.

Branding General Manager, Muhammad Adam Mah said the restaurant’s business concept had attracted businessmen from Kuwait and Japan during their recent visit to Malaysia.

“We aim to penetrate both markets before year-end,” he told reporters after receiving the halal certification from the Department of Islamic Development Malaysia (Jakim) at the restaurant’s Putrajaya branch here, today.

The certificate was presented by Jakim’s Halal Hub Assistant Director of Industrial Relations Unit (Corporate Communications Division), Mohd Safzan Muhd Mukhtar, who said the certificate was valid for two years.

NYSS is the first steakhouse restaurant chain in Malaysia to be accorded Jakim’s halal certification

Muhammad Adam said the certification made it easier for the company to penetrate the international market, especially in those countries which prioritise halal food.

“Jakim’s halal certificate is internationally recognised and all 10 of NYSS’ outlets are now halal certified, an important aspect for steak lovers,” he added.

The restaurant chain uses meat imported from Australia.

NYSS had been only operating in the Klang Valley since starting in 2014, and aims to open three new outlets, in Melaka, Johor and Pahang this year. – Bernama
https://www.nst.com.my/business/2018...d-kuwait-japan

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NY Steak Shack ~ Steak, Burgers & Shakes
www.nysteakshack.com/

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Old March 16th, 2018, 08:01 PM   #45
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Matrade Partners Northport, Kontena Nasional & Weifang Port To Attract Halal Product Exporters
Published on Friday, 16 March 2018 17:53



Quote:
KUALA LUMPUR: Malaysia External Trade Development Corp (Matrade) has collaborated with Northport (M) Bhd, Kontena Nasional Bhd and Weifang Sime Darby Port Co Ltd to organise a trade talk to attract Malaysian halal product exporters who are interested to penetrate China’s market.

In a statement today, Matrade said, the talk, entitled ‘Halal Silk Route – How Malaysian Exporters Can Benefit’, was part of the initiative taken to promote the export of halal Malaysian products to China with the intention of enlarging Malaysia’s share of trade in global halal products which were estimated to grow to US$60 billion (US$1 = RM3.92) by 2020.

“In May 2017, Northport and Weifang Port signed a memorandum of understanding (MoU) during the One Belt One Road Forum in Beijing, China, of which the two ports will co-operate in port management and facilitate halal trade shipment between Malaysia and China,” it said.

The MoU has materialised into a new service jointly-offered by Northport, Kontena Nasional and Weifang Port which provided end-to-end and hassle-free export services for Malaysian exporters which would commence in April 2018 culminating in a trade exhibition in Weifang on April 27-28, 2018, it said.

“Exporters now only need to deal with One-Stop Centre at Menara Matrade, which will ensure the haulage, pre-clearance of documentation, shipping, container handling, product labelling, warehousing and product delivery to customers in Weifang, China,” it said.

It said Weifang, one of the direct routes into the Muslim population in Shaanxi, Qinghai, Ningxia, Gansu and Xinjiang regions in China and the collaboration between Northport and Weifang Port, was the first step towards the creation of a “Halal Silk Route” to link the 2.1 billion Muslim population through the trade of halal products.

Malaysia has had the first-mover advantage on the trade of halal products with Jakim’s halal certification being accepted worldwide and its strategic location in the centre of the global Muslim population, it said
-BERNAMA
http://malaysiandigest.com/business/...exporters.html
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Old April 4th, 2018, 05:37 PM   #46
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Malaysia wants to play bigger role in world halal industry
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By SYED UMAR ARIFF
April 4, 2018 @ 4:40pm



Quote:
KUALA LUMPUR: Malaysia intends to lead the global halal industry and to drive this forward are plans to synchronise halal certification procedures and the setting up of an international authority board.

Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said Malaysia was committed towards enhancing business facilitation and positioning Malaysia in the global halal industry as an international reference centre.

"We are committed towards a competitive halal industry that consistently innovates, and produces products and services that does not only suits industrial needs, but more importantly the principles of Halalan Toyyiban (permissible for use or consumption according to Syariah standards).

"As a leader in the global halal industry, Malaysia through the Malaysia Halal Council has a big plan for the world, one of which is the setting up of the International Halal Authority Board.

"We intend to bring the world's halal authorities together, to synchronise the procedures involved in halal certification.

"We are also in the process of establishing – the first of its kind in the region – a halal international research academy," Zahid said.

He pointed out that the world's Muslim community, currently standing at 1.8 billion, was estimated to make up 27 per cent of the global population.

"If I may say so, we are obliged to succeed. Never has there been a greater need, a level of that ambition to a global stage."

Also present at event were former prime minister Tun Abdullah Ahmad Badawi, International Trade and Industry Minister Datuk Seri Mustapa Mohamed, and Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan.

Zahid said Malaysia's role in the halal industry was expansive following the launch of the Halal Industry Master Plan, Malaysia's halal industry had grown tremendously.

As of December, Malaysia reaffirmed its position as the leading global halal hub, with an annual export value of RM43 billion and attracted investments worth 13.3 billion as at Dec, last year.

"These (achievements) contributed approximately 7.5 per cent to our gross domestic product for last year and to date, a total of 28,000 jobs were created."

Zahid said Malaysia's commitment to the halal industry brought in significant yield, when Thomson Reuters reported that the State of the Global Islamic Economy 2017-2018 which is defined as consisting products including finance, tourism, fashion, media, pharmaceuticals and cosmetics was projected to reach a whopping US$3 trillion by 2021.

"(As of now) Malaysia is once again leading the Global Islamic Economic Indicator for the fifth year in a row. This impressive lead reflects a robust Islamic Economy eco-system, with Malaysia topping the (fields) of Islamic finance and halal food.

"The Islamic economy is fertile market for many businesses, but we shall remember that it is not just about making money, but a service on a deeper, spiritual level."
https://www.nst.com.my/news/nation/2...halal-industry
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Old April 5th, 2018, 08:39 AM   #47
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Business
Halal industry and Islamic finance drive Islamic economy globally
By AYISY YUSOF - April 5, 2018 @ 1:56pm


Sultan Nazrin Muizzuddin Shah Ibni Almarhum Sultan Azlan Muhibbuddin Shah Al-Maghfur attends the conference of Internationalisation Islamic Economy World Halal at the Mandarin Oriental Kuala Lumpur. NSTP/ASWADI ALIAS

Quote:
KUALA LUMPUR: The growing Muslim population worldwide represents exciting opportunity for the Islamic economy to commercialise halal products internationally.

Speaking at the World Halal Conference 2018, today, Sultan of Perak Sultan Nazrin Muizzuddin Shah said currently halal is a truly global industry which is expected to be almost tripled to US$6.4 trillion by this year.

"While halal is perhaps most often associated with food and drink, there are in fact a wide range of halal products and services which can be offered including healthcare and pharmaceuticals, personal care and cosmetics, travel and tourism and financial services," he said in a keynote address.

Sultan Nazrin said the halal market is not only thriving in Muslim majority countries but also in major non-Muslim majority economies including China, Japan, United States and the United Kingdom.

"More and more companies are therefore catering to the Muslim market by producing halal food items.

"Indeed, one of Malaysia's Department for Halal Industries has been collaborating with local councils in the North East of England to develop a business hub for producing halal meat," he added.

Sultan Nazrin believed that the move was an excellent way to building bridges and establishing global links, which in turn would foster the development of the halal industry worldwide.

He pointed out that the halal industry must address some significant challenges with the continuous opposition in non-Muslim majority countries and halal phobia in certain countries as well as the adoption of Fourth Industrial Revolution.

"Rapid and unprecedented technological advances are currently transforming economies, jobs and even civilisation itself. We must recognise that the world is changing," he said.

Sultan Nazrin opined that Malaysia should harness new technologies in order to contribute to the global spread of the halal sector.

He also said international collaborations and the sharing of ideas can benefit the halal industry on a global scale.

"Although the Fourth Industrial Revolution presents a challenge to businesses and industries worldwide, it also presents an opportunity to expand and improve as well as to strengthen international links," he said.

Meanwhile, he noted that there is still potential for expansion in Islamic finance from the current investment worth US$260 billion in over 300 global Islamic institutions.

"By 2020, the Islamic finance sector is projected by some to grow to over US$6.7 trillion.

"Therefore, halal industry players together with Islamic financial institutions, regulators and other market participants, should aspire to do more to nurture a halal ecosystem through the use of Shariah-compliant trade facilities," he said.

Sultan Nazrin said the halal industry could benefit greatly from the capital that can be generated via Islamic finance mechanisms such as sukuk and takaful.

"We have seen Malaysia in recent years the potential of corporate sukuk financing. 2016 was a record year for corporate sukuk issuance: corporate issuers dominated the market with US$47.3 billion of issuance, representing a market share of 63.2 per cent," he said.

Sultan Nazrin said Islamic economy is increasingly being embraced on a global scale to become an integral part of the international system and in the process of its development, has further expansed opportunities for the participation by international community.
https://www.nst.com.my/business/2018...slamic-economy
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Old April 6th, 2018, 08:59 AM   #48
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Last year (2017), Malaysian exports of halal products to Japan grew 49.7 per cent to RM2.82 billion while exports to the UAE rose 60.3 per cent to RM875.8 million.
https://www.nst.com.my/business/2018...obal-halal-hub
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Old April 9th, 2018, 03:05 PM   #49
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Malaysia should leverage on growing halal industry globally
By AYISY YUSOF - April 9, 2018 @ 2:51pm



Bank Negara Malaysia (BNM) assistant governor Marzunisham Omar says Malaysia should leverage on its first mover advantage in being a global halal hub. NST picture by MUHD ZAABA ZAKERIA.
Quote:
KUALA LUMPUR: The global halal industry is likely to grow between US$3 trillion and US$4 trillion in the next five years, from the current estimated US$2 trillion, backed by continued demand from both Muslim and non-Muslim majority countries.

Bank Negara Malaysia (BNM) assistant governor Marzunisham Omar said Malaysia should leverage on its first mover advantage in being a global halal hub.

“Malaysia certainly has the potential to expand globally because the halal market is huge. As a Muslim country, Malaysia has the infrastructure readied, especially in terms of halal certification, which is well-accepted internationally,” he told NST Business in an interview recently.

Currently, there are about 1.84 billion Muslims globally, making up about 24.4 per cent of the world’s population. By 2030, the number is expected to reach 2.2 billion.

The growing Muslim population worldwide presents exciting opportunity for Islamic economies like Malaysia, to commercialise halal products internationally.

Speaking at the World Halal Conference 2018 recently, Sultan of Perak Sultan Nazrin Muizzuddin Shah said halal is a truly global industry which is expected to be almost tripled to US$6.4 trillion by this year.

“While halal is perhaps most often associated with food and drink, there are in fact a wide range of services which can be offered including healthcare, travel and tourism and financial services,” he said in a keynote address.

Marzunisham said the potential for local players such as small medium enterprises (SMEs) to expand abroad is huge. “It is a matter of how we (local players) are able to fulfil this demand.”

He said halal industry can be supported by Islamic finance that has the capacity to provide complete financing.

“Bank Negara together with the Association of Islamic Banking Institutions Malaysia, Halal Development Corp and Malaysia External Trade Development Corp are creating greater awareness for Islamic finance products that can be utilised by halal industry players,” he said.

Shariah-compliant financial solutions offered by Islamic financial institutions, continued to support the diverse needs of the economy in 2017.

Based on Bank Negara’s Financial Stability and Payment Systems Report 2017, Islamic financing grew 9.4 per cent to RM605.5 billion in 2017 from RM553.4 billion in 2016, amid a moderate growth of 1.3 per cent in conventional loans.

Islamic financing of businesses sustained its positive growth of 7.8 per cent and was channelled mainly to the business services and manufacturing sectors.

Islamic deposits and investment accounts expanded by 11.7 per cent to RM672.6 billion in 2017.

Of this, investment accounts increased by 6.9 per cent, amounted to RM78.7 billion, reflecting a growing recognition of investment accounts by customers as an alternative investment instrument and further diversification of funding sources by Islamic banks.

“Islamic business financing was driven by SMEs, which grew by 12.5 per cent in 2017 from 13.3 per cent in 2016, amid the more moderate growth in conventional lending to SMEs by 3.1 per cent,” Marzunisham said.

He said Bank Negara had allocated about RM10 billion of funding via local banks for SMEs. Of the total amount, RM7 billion in loans has been disbursed and remaining RM3 billion fund still available.

“This fund is revolving based on the repayment. Then it can give out more loans. There are also other various special funds under government ministries as well,” he said.

Marzunisham said the halal industry is growing rapidly primarily in food and beverages (F&Bs) and he opined that Malaysia should be able to into the growing global demand for halal food.

Meanwhile, halal pharmaceutical and cosmetic products are gaining traction, with Muslims all over the world becoming more conscious of the need of halal product.

“I have no doubt that the contribution of halal industry to the Malaysia economy will become bigger as we move forward,” he added.

Marzunisham said Malaysia is the global leader in Islamic finance, citing that the country is the largest sukuk issuer, representing 36 per cent of the total global US$99.5 billion sukuk issuance last year.

“We are also one of the biggest players in the world in terms of Islamic banking assets. We have a comprehensive Islamic financing system in Malaysia with the increasing trend of corporates raising funds through sukuk rather than conventional bond,” he said.

He said Malaysia is witnessing the increase utilisation of Islamic financing, especially by businesses and SMEs.

“Currently, 22 per cent of loans given out to local SMEs are Shariah-compliant. Going forward, Malaysia’s Islamic finance should offer more competitive products at the right pricing to compete with conventional financial players.

“The focus of Islamic finance is not to cater solely to Muslim but it has to be competitive for all consumers,” he said.
https://www.nst.com.my/business/2018...ustry-globally

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Malaysia game to be global halal industry leader


https://www.nst.com.my/news/nation/2...eader#cxrecs_s
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Old July 1st, 2018, 06:45 AM   #50
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Halal sector to benefit from tie-up
By AMIR HISYAM RASID - June 25, 2018 @ 10:37am
Quote:
KUALA LUMPUR: The government's strong and continued partnership with Alibaba Group will benefit the domestic halal industry, specifically the small and medium enterprises (SME).

Expressing positive sentiment of the sector's growth, QSR Brands (M) Holdings Bhd Shariah and Halal compliance department general manager Mohd Roslan Mohd Saludin said pulling out of partnership deal with the global e-commerce giant would only impede Malaysia's halal industry growth.

"Halal industry should come first before any political emotions," he said in an interview recently.

Prime Minister Tun Mahathir Mohamed's recent meeting with Alibaba Group co-founder and executive chairman Jack Ma has signalled the e-commerce giant's grand plans for Malaysia to continue.

Alibaba is in the midst of a massive investment push in Malaysia with the establishment of Digital Free Trade Zone.

Roslan said the evolution of technology has made it easier for SMEs to export but Malaysia is still far behind in establishing the platform that has extensive networks with buyers around the world.

Therefore, with Alibaba's partnership, he said its trading features and established branding will help so much in taking the place of traditional outreach methods for Malaysian SMEs to get in touch with buyers overseas more effectively.

"It (the partnership) will not just boost Halal exports but also helps develop the industry as a whole including the regulatory, logistics and product quality areas as the industry grows," he said.

Roslan has vast experience in halal industry. With his years 12 years career in the industry, he has been invited to share his expertise at numerous conferences, seminars and national television.

Meanwhile, the Malaysian International Food and Beverage (MIFB) trade returns this year from June 27th to 29th with a special segment - Halal Food - and more than 20,000 visitors expected to attend the annual event.

Organiser of the trade fair, Sphere Exhibits Malaysia international sales project director Henri Tan said the event is aimed at setting a clear direction for SMEs to propel in business, showcase the future of food business as well as position Malaysia as the prime food hub.

"Over the past 18 years, the annual trade fair has gathered food & beverage (F&B) industry players from different parts of the world to Malaysia, introducing new offerings and solutions to the F&B fraternity.

"On top of the usual F&B (Natural & Healthy Produce), Food Technology and Seafood & Fishery segments this year, Sphere is introducing a special segment onto the exhibition floor Halal Food, in helping to make Malaysia the International Halal Hub for F&B businesses," he said.

Tan said the added Halal Food segment is specially designed for halal producers, traders and business leaders sourcing for products and looking to expand their business in this area.

“Malaysia will play well as the host of this added segment with proper Halal ecosystem, proactive policies as well as the framework in place to develop the industry," he said adding that QSR Brands will be one of the exhibitors.

Tan expects 20,000 trade visitors, higher than 19,000 recorded last year to participate in the event with some 1,500 local and international buyers.

This includes exhibitors from China, Thailand, Turkey, Singapore, South Korea, Indonesia, South Africa, Japan, Taiwan and Philippines, he added.
https://www.nst.com.my/business/2018...or-benefit-tie
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Old July 8th, 2018, 12:57 AM   #51
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ICCL's new regional distribution center will beef up connectivity in the halal logistics industry
By Mohamed Basyir - July 7, 2018 @ 5:49pm



Penang Chief Minister Chow Kon Yeow and Finance Minister Lim Guan Eng jointly launched the Integrated Cold Chain Logistics Sdn Bhd (ICCL) phase five development with ICCL Group of Companies group managing director Kevin Lim Poo Koy at its plant at Jalan Perindustrian Bukit Minyak. Pix by Ramdzan Masiam

Quote:
BUKIT MERTAJAM: Integrated Cold Chain Logistics Sdn Bhd (ICCL), a leading total logistics company in the country, launched its new one-stop regional distribution and centre of excellence for the halal logistics industry.

The RM51 million investment, as part of the company’s phase five development, was jointly launched by Penang Chief Minister Chow Kon Yeow and Finance Minister Lim Guan Eng, witnessed by ICCL Group of Companies group managing director Kevin Lim Poo Koy at its plant at Jalan Perindustrian Bukit Minyak here today.

With a multiple temperature storage system, ICCL aims to become a regional distribution centre that offers comprehensive total logistics cold chain solutions with value added services, including supply chain solutions, repackaging, cross-docking and cross border services.

As for the halal logistics centre of excellence, it will position ICCL in providing leadership with training and counseling services for best practices in halal logistics.

Poo Koy said that the new logistics centre was not a conventional warehouse, but an AS/RS (automated storage and retrieval system) facility which requires no personnel for its operations.

“The first of its kind in Malaysia, this facility is housed within a controlled temperature environment,” he said in his speech.

Lim said that the investment made by the company was a testament to the country’s economical climate.

“The economic growth will continue to progress even after the change of government. The government is committed to playing an important role in the development and growth of the ASEAN Economic Community (AEC).

“ICCL’s efforts to develop the logistics connectivity throughout the Indo China region will directly benefit and facilitate the economic development of the countries involved, thereby supporting the AEC agenda,” he said in his speech.

Meanwhile, Chow lauded ICCL’s latest investment in the new high technology logistics centre which would directly increase the growing logistics capacity for Penang, creating logistics capabilities for businesses to tap in to and grow together while supporting the entire supply chain ecosystem.

“ICCL’s strategy to attract the transfer of technology from expertise abroad will also help to grow the capabilities of local logisticians,” added Chow.

After the launching ceremony, ICCL donated RM99,999.99 to Tabung Harapan Malaysia. A mock cheque was presented to Lim.

Also present was ICCL Group of Companies director Datuk Mohd Nordin Mohd Nor.
https://www.nst.com.my/business/2018...ectivity-halal
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Old October 2nd, 2018, 05:10 AM   #52
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CIMB to better serve China's US$1 trillion halal mart
By Alzahrin Alias - September 27, 2018 @ 5:47pm



CIMB Islamic chief executive officer Rafe Haneef (left) and CIMB Group head of transaction banking William Liew introduce CIMB’s ASEAN-China Halal Corridor to serve funding needs of halal products and service providers. NSTP photo by NURUL SHAFINA JEMENON
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KUALA LUMPUR: CIMB Group Holding Bhd (CIMB) is optimistic that its CIMB ASEAN-China Halal Corridor initiative would be able to capture five to 10 per cent of China's US$2 trillion halal market by 2021.

CIMB's Group Islamic Banking group chief executive officer Rafe Haneef said the new initiative launched by CIMB was aimed at creating a Halal trading network ecosystem among ASEAN countries, especially from Malaysia to the Chinese market.

Today, China's US$1 trillion halal sector is among the world's largest halal markets, which Malaysia can leverage.

"The world's US$6.4 trillion halal market, supported by 266 million customer base, is expected to grow 7.3 per cent annually," Rafe said.

"CIMB Islamic seeks to offer financing to stakeholders throughout the halal product and services value chain," he said in a media briefing at a seminar titled CIMB ASEAN-China Halal Corridor, here, today.

China's banking institutions such as Bank Of Communication Co Ltd, China Merchants Co Ltd and Bank Of Nanjing Co Ltd also support this initiative.

The CIMB ASEAN-China Halal Corridor was officiated by International Trade and Industry Minister Darrell Leiking.

Also present was CIMB Group chief executive officer Tengku Datuk Seri Zafrul Aziz.

Rafe said the CIMB ASEAN-China Halal Corridor initiative would catalyse CIMB Islamic business to capture 40 per cent of the banking market by 2020, as set out by Bank Negara to all Islamic banks.

Minister Darrel said currently Malaysia's halal sector export of RM43 billion make up 7.5 per cent of the country's gross domestic product (GDP).

He noted, by 2020, the Malaysian Halal Industry Plan seeks to create 300,000 jobs and 1,600 small and medium enterprises (SMEs) actively exporting halal products.
https://www.nst.com.my/business/2018...ion-halal-mart
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Old October 2nd, 2018, 05:11 AM   #53
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Malaysia's halal export value may hit RM50b mark this year: HDC
By AMIR HISYAM RASID - October 1, 2018 @ 11:49am



(File pix) This will be at least 11 per cent growth from last year’s RM45 billion, higher than 2.6 per cent growth from 2016 to 2017 and Malaysian Islamic Development Department’s (Jakim) year-end growth target of 10 per cent.
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KUALA LUMPUR: Malaysia’s halal exports may hit RM50 billion mark this year, earlier than 2020 target on stronger demand, unfazed by the global trade slowdown, Halal Industry Development Corp (HDC) said.

This will be at least 11 per cent growth from last year’s RM45 billion, higher than 2.6 per cent growth from 2016 to 2017 and Malaysian Islamic Development Department’s (Jakim) year-end growth target of 10 per cent.

The export value currently stood at RM20 billion this year.

HDC chief executive officer Datuk Seri Jamil Bidin said the halal export growth is expected to pick up 'tremendously' in the second half of this year.

“For the past several years, we see the same trend. Normally, the growth in the first half of the year is quite slow but it will pick up tremendously in the rest of the year.

“We hope we could at least achieve, if not breach, the RM50 billion export value target for Halal Industry Masterplan 1.0 this year as we will be launching the new masterplan (Halal Industry Masterplan 2.0) in December," he said recently.

Jamil said the Masterplan 1.0 was supposed to end in 2020 but HDC decided to come up with the new masterplan sooner as it is approaching the RM50 billion target.

"We also need to adapt to the new changes the industry is facing,” he said.

Jamil said Malaysia’s halal industry will grow irrespective of the global economic situation.

“Certain sectors may feel the effect from the slowdown in global trade especially with the escalation of trade tension but it will not be significant,” he said.

Last month, Jakim said it expected an increase of 10 per cent in halal exports this year from RM45 billion in 2017.

Its director of Halal Hub Division Datuk Sirajuddin Suhaimee said this is on the back of the consistently improving demand for halal-certified products, not just from Muslim countries but also non-Muslim countries that seek hygienic processes and food safety as well as halal and shariah-compliant services.

“Countries with high demand for halal certification from Jakim include China, Japan, Taiwan and Hong Kong,” he said.

Meanwhile, CCM Duopharma Biotech Bhd group managing director Leonard Ariff Abdul Shatar said the halal pharmaceutical industry, valued globally at an estimated USD$83 billion in 2016, is expected to grow to USD$132 billion by 2022.

“The market potential may be even greater as it is not just exclusive to Muslim communities. Pharmaceuticals account for 26 per cent, the second largest after food sector with 61 per cent and cosmetics with 11 per cent,” he said.

Leonard said the company aims to grow its market share globally in the years ahead.
https://www.nst.com.my/business/2018...-mark-year-hdc
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Old October 30th, 2018, 12:45 PM   #54
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#Showbiz: Neelofa to promote Muslimah fashion on international stage
By Aref Omar - August 5, 2018 @ 8:10pm


Popular TV host, actress and successful entrepreneur Noor Neelofa Mohd Noor will be heading to the famous Paris Fashion Week 2018 event next month to highlight Muslimah fashion. (File pix)
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KUALA LUMPUR: Popular TV host, actress and successful entrepreneur Noor Neelofa Mohd Noor will be heading to the famous Paris Fashion Week 2018 event next month to highlight Muslimah fashion.

The 29-year-old celebrity, who has been an ambassador for Swarovski for three consecutive years now, had also recently started a working relationship with luxury brand Louis Vuitton (LV) Malaysia.

“It’s been my dream to take on the international market through Muslimah fashion. I hope that fashion aficionados worldwide will open their minds and be able to appreciate Muslimah and hijab fashion.

“I’ve noticed that not many celebrities or icons who wear hijab have taken the step of promoting hijabi fashion in a big way. Only Somali US supermodel, Halima Aden, seems to be at the forefront of this.

“I hope that my collaboration with LV will help to invigorate hijab-related fashion. Even though they’re an international brand, they’re opening up to the idea of attracting women who cover up,” she said in a recent news report.

Neelofa added that LV Malaysia had previously approached her to work together for the project.

“It involves a campaign for clothes, shoes and scarves by the famous brand. What’s interesting is that they asked about the pilgrimage story and hijab fashion before agreeing to the collaboration,” she said.

Neelofa also revealed that she would be bringing her own brand, Naelofar Hijab, to the international stage.

“I believe that there will be more opportunities coming my way by attending the Paris Fashion Week event. I want to be involved in a global campaign to prove that women who choose to cover up are not left behind in terms of fashion,” she said.

Neelofa, who also recently flew to Paris to attend a Lancome event, added: “I have been criticised by Netizens before for donning an oversized outfit with a pouch bag by a renowned label but I was not disheartened by it all. I feel that Malaysians find it hard to accept fashion trends.”
https://www.nst.com.my/lifestyle/gro...national-stage
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Old October 30th, 2018, 12:46 PM   #55
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#Showbiz: UK, Europe agencies woo Neelofa
By Dennis Chua - October 30, 2018 @ 1:27pm



(File pix) TV host Noor Neelofa Mohd Noor. Pix by Mohd Khairul Helmy Mohd Din
Quote:
KUALA LUMPUR: While some Malaysian Netizens often find fault with her fashion and style, Europe however has opened its arms wide for Noor Neelofa Mohd Noor.

The popular TV host, actress and entrepreneur who promotes Muslimah fashion has caught the eye of two international agencies in the United Kingdom and France.

And they have offered to manage her.

Neelofa in a news report yesterday said that she would be heading to London and Paris next month to ink the contracts with both agencies.

Describing the move as the key to promoting her brand of fashion and beauty products in Western Europe, the 29-year-old said: “The agencies will assist me all the way, seeking opportunities to penetrate the European and UK markets. However, our partnership does not involve hosting and acting on my part.”

Neelofa has however chosen not to reveal the agencies’ names for the time being. “Let us ink the agreements first,” she said at the launch of her latest product, the Lofarbag Mini handbag which she inspired with the cooperation of Sometime by Asian Designers and Zalora.

When asked about her recent contract with IMG Models of the United States, Neelofa also declined to reveal the details.

“We’re still in the discussion stage now,” she said.

Neelofa said making partnerships with foreign agencies and companies were her way of moving forward and proving critics wrong.

“It’s always good to move ahead and take positive steps to better my career. I put all negative comments and thoughts behind me.”

She said she would continue to be bold in experimenting with fashion, and strive to make her mark internationally.

Last September, Neelofa attended the Paris Fashion Week 2018 to highlight Muslimah fashion.

The 29-year-old celebrity said that it was her dream to take on the international market through her own brand Naelofar Hijab which promotes Muslimah fashion.
https://www.nst.com.my/lifestyle/gro...es-woo-neelofa
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Old November 7th, 2018, 04:29 AM   #56
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QUALITY OF LIVING RANKING 2018

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Old January 30th, 2019, 04:27 AM   #57
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Jakim gives halal certificates to 7,204 companies
January 30, 2019, Wednesday at 12:03 AM


Quote:
KUALA LUMPUR: The Malaysian Islamic Development Department (Jakim) has handed out halal certificates to 7,204 companies as of January this year.

Minister in the Prime Minister’s Department, Datuk Seri Dr Mujahid Yusof Rawa said the department had also opened international certification opportunities for contract manufacturing and overseas factories to obtain Malaysia’s halal certification.

Jakim according to him, had recognised 75 Foreign halal certification bodies and halal authorities from 43 countries.

“Halal industry has gained interest throughout the world, not only Muslim countries but also but also other countries with Muslim populations.

“Consumers are interested in halal products because it certified that the preparation of the food is safe and hygienic for consumption,” he told reporters during the pre-launch event of Global Halal Summit (GHas) 2019 themed ‘Halal Connecting the World here on Monday night.

Mujahid said GHas which was previously known as World Halal Week, will start from April 1 until 6 at the Grand Hyatt Hotel, Kuala Lumpur and Malaysia International Trade and Exhibition Centre ( MITEC).

GHas 2019 will be led by Jakim and coordinated by the Ministry of International Trade and Industry and Ministry of Economy Affairs.

The organiser according to Mujahid has targeted 3,000 participants from 130 countries for GHas 2019, he said adding that, the organiser had lined up six main programmes during the summit with four spearheaded by the department.

Among the programmes are international halal training capacity development program, Halal certification bodies convention, international Halal board general assembly and global Halal international congress.

The other two events are World Halal Conference, organised by Halal Industry Development Corporation and the Malaysia International Halal Showcase (MIHAS) by the Malaysia External Trade Development Corporation. — Bernama
http://www.theborneopost.com/2019/01...204-companies/
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Old February 21st, 2019, 02:51 AM   #58
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Northport, Sojitz and NL Cold Chain to build Malaysia-Japan halal logistics network
By NST Business - February 19, 2019 @ 4:11pm


From left: Hiroyuki Orikasa, Deputy Chief of the Mission, Embassy of Japan, Ryuta Katori, Managing Director of Sojitz Malaysia, Datuk Azman Shah Mohd Yusof, Chief Executive Officer of Northport, Datuk Seri Mohd Redzuan Yusof, Minister of Entrepreneur Development, Ian James, Group CEO of MMC Ports and Koichi Iwahara, Chief Executive Officer of NL Cold Chain Network

Quote:
PUTRAJAYA: Northport (Malaysia) Bhd, Sojitz (Malaysia) Sdn Bhd and NL Cold Chain Network (M) Sdn Bhd plan to establish the Malaysia-Japan halal value chain initiative.

The companies signed a Memorandum of Understanding (MoU) today on the prospect of establishing an integrated halal value chain between Port Klang and Japan.

This would create an end-to-end logistics network and facilitate halal trade arrangement between Malaysia and Japan, they said in a statement.

The MoU was signed by Northport chief executive officer Datuk Azman Shah Mohd Yusof, Sojitz Malaysia managing director Ryuta Katori and NL Cold Chain CEO Koichi Iwahara.

The MoU is in tandem with an earlier memorandum signed by Entrepreneur Development Minister Datuk Seri Moha Redzuan Yusof and the Japanese Minister of Economy, Trade and Industry, Hiroshige Seko on more business opportunities in the halal industry between the two countries.

The agreement was signed in Tokyo during Redzuan’s working visit to Japan in November last year.

Under the MoU, Northport will provide integrated end-to-end logistics support and solutions for import and export of halal products through Port Klang.

Sojitz Malaysia will provide the required support and promote bilateral trade of halal products through its experience and network, while NL Cold Chain will provide halal logistical support for import and export of temperature-controlled cargo in Malaysia and Japan
.

“This initiative is in line with the second wave of the Look East Policy under the stewardship of Prime Minister Tun Dr Mahathir Mohamed,” Redzuan said in his speech at the signing.

“It is also in line with the Ministry of Entrepreneur Development’s aspiration to encourage more Malaysian halal products entrepreneurs to venture into the global market and also to take advantage of the upcoming Tokyo Olympic 2020 in Japan.

These efforts will help to boost the SMEs contribution to the nation’s GDP which is targeted to be 41 per cent by 2020, as envisioned in the National Entrepreneurship Framework,” he added.

Azman said Northport was well-positioned to be the gateway for halal trade.

Northport is a subsidiary of MMC Ports, Malaysia’s largest port operator.

MMC Ports is a wholly-owned subsidiary of MMC Corp Bhd.

MMC operates Port of Tanjung Pelepas Sdn Bhd, Johor Port Bhd, Penang Port Sdn Bhd, Tanjung Bruas Port Sdn Bhd, Kontena Nasional Berhad and JP Logistics Sdn Bhd.

Sojitz Malaysia is an affiliate of Sojitz Corp, a well-established Japanese general trading company listed on the Tokyo Stock Exchange with a worldwide network comprising about 400 group companies and operations in some 50 countries.

NL Cold Chain is jointly owned by Khazanah Nasional hd and the Nichirei Logistics Group of Japan.

It is a halal logistics cold chain company which offers a complete cold chain logistics solution leveraging on its 200,000 square feet one stop centre with modern facilities and logistics management system
https://www.nst.com.my/business/2019...alal-logistics
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Old March 15th, 2019, 04:11 PM   #59
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South Korea keen to tap M’sia’s halal expertise
POSTED ON MARCH 15, 2019, FRIDAY AT 12:03 AM BUSINESS


Moon delivers his speech to officiate the Malaysia-Korea Business Forum yesterday. Also present is Minister of International Trade and Industry Datuk Darell Leiking (seated, right). — Bernama photo

Quote:
KUALA LUMPUR: South Korea is keen to tap into Malaysia’s success in the halal industry by strengthening collaboration in the sector, especially in Malaysia’s globally recognised halal certification.

Visiting President Moon Jae-in in his speech during the Malaysia-Korea Business Forum yesterday said that the Korean wave, known as Hallyu, has opened doors for its local businesses, and with Malaysia’s halal expertise, the two countries could forge a stronger strategic partnership.

“Malaysia’s halal certification is recognised globally and with this partnership, it can reach a bigger market that has demand for halal (products and services),” he said.

The cooperation between Malaysia and South Korea has the strategic aim of enhancing halal bilateral trade and investment exchanges, as well as market access for halal products and services.

“Unlimited economic benefits can be obtained between the two countries especially in the halal market segment, foreign direct investment as well as technology,” he said.

As for collaboration in the Information Technology sector, Moon said South Korea would build a virtual reality (VR) centre at the ongoing Smart City project in Kota Kinabalu, Sabah.

The centre is expected to boost technology adaptation by both South Korea and Malaysia, he said.

Moon also said the strong economic relations forged between the two countries will continue to strengthen under Malaysia’s Look East Policy and South Korea’s New Southern Policy.

“(It) will reach a new horizon in economic advancement,” he said.

Meanwhile, Minister of International Trade and Industry Datuk Darell Leiking said as of September 2018, a total of 371 manufacturing projects with Korean participation worth US$7.79 billion (RM31.84 billion) have been implemented.

“These projects have provided more than 52,000 job opportunities for the country.
Much has been achieved together but there is still a lot more that we can do together,” he said.

He added that Malaysia is truly a land of opportunities, not just for investors but also for anyone with the spirit of entrepreneurship.

“It is my hope that through our forum, all of you here will be encouraged to further capitalise on Malaysia’s comparative and competitive advantages to cater for the Asean and global markets,” he said. — Bernama
https://www.theborneopost.com/2019/0...lal-expertise/
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Old April 8th, 2019, 09:49 AM   #60
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Blockchain-powered HADIC to empower halal industry
POSTED ON APRIL 8, 2019, MONDAY AT 12:13 AM BUSINESS


Quote:
KUALA LUMPUR: Serunai Commerce Sdn Bhd (Serunai), the developer behind the Global Halal Data Pool as well as the Verify Halal app, recently announced the launch of a blockchain-powered Halal digital chain, HADIC, which aims to create an integrated and secure digital halal ecosystem.

The blockchain is expected to seamlessly connecting components throughout the halal value chain. The soft launch was inaugurated by Datuk Dr Sirajuddin Suhaimee, director of Malaysian Halal Council, at Jakim’s HITeX zone during the 16th Malaysia International Halal Showcase (MIHAS) 2019 at MITEC.

Speaking to reporters, Dr Sirajuddin Suhaimee, director of the Halal Hub Division, JAKIM, said, “JAKIM is pleased to support HADIC, and we hope to embed its adoption nationally and as well as internationally.

“The ecosystem that HADIC will bring about sits in line with JAKIM’s ongoing expansion as well as recognition and connection to global certification bodies. With blockchain, the integrity of product information is secured, and that provides a systemised and highly visible traceability platform.

“Furthermore, it will allow Malaysia’s halal industry to continue to develop and progress as a key player in the global halal marketplace. The potential for expansion and evolution of this system is limitless.”

According to Serunai’s chief executive officer Amnah Shaari, HADIC will eventually evolve into an end-to-end interface and fulfil all aspects of the market, from verification and supply chain traceability to consumer insights and secure payments.

“The HADIC system allows for a harmonisation of the global halal economy, which is presently fractured due to the numerous players in the market. By digitising the industry via a blockchain system that creates a secure and chronological chain of information across the entire supply chain, the industry will reach exponential heights in further developing and progressing the global halal market and the adoption of halal standards as a worldwide mark of quality, dependability and excellence,” she added.

HADIC will serve as the secure digital expressway that connects the numerous databases along the supply chain via multiple ledgers secured by blockchain, allowing users to leverage on the system’s secure connections and interface to easily join the global halal digital chain.

Being connected to HADIC will also mean that providers of halal products and services will be part of the Global Halal Data Pool, providing direct access to buyers and sellers in over 42 international markets.

The system also integrates with the Verify Halal app which provides users with instant verification of a product’s halal status as well as a fully traceable supply chain.

Additional social elements such as geotagging, comments, ratings and data analytics will provide users with a fully integrated commerce and business intelligent network designed to easily navigate the digital halal economy.

One of the stand out features of HADIC is the generation of unique QR codes that could be utilised such as barcodes to track and provide buyers, sellers and retailers with in-depth, up-to-date and actionable information about the product or service.

HADIC would also foster transparency by allowing tracking and supply chain traceability of halal products and services, benefiting numerous industries and the end consumer. HADIC could improve business processes and efficiency by identifying and flagging any production or regulatory issues throughout the supply chain in a systematic, step-by-step manner, from farm to fork and beyond.

The event also saw the first sign-ups for the HADIC system, who were awarded their certifications from Dr Sirajuddin. These pioneering companies include Munif Hijjaz Marketing Sdn Bhd, Eraf Empayar Sdn Bhd, MFAEZ Bakery, The Dalucia Sdn Bhd and SG Sales services Sdn Bhd.

HADIC is developed by Serunai and is supported by JAKIM. The system is linked to the International Halal Authority Board (IHAB), the Global Halal Data Pool (GHDP) and integrated with the Verify Halal mobile App.
https://www.theborneopost.com/2019/0...alal-industry/
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