Supply of halal products still low: Mustapa
Published on: Friday, March 27, 2015
Kuala Lumpur: There is immense potential for Malaysian small- and medium-scale enterprises (SME) to tap the market for halal products as current supply of such products only support 20 per cent of global demand.Minister of International Trade and Industry, Datuk Seri Mustapa Mohamed, said according to recent survey conducted by Halal Industry Development Corp Sdn Bhd (HDC), halal products suppliers were still small and not enough to support consumer demand.He was speaking at the "SME Mentoring" Programme Awards Ceremony here Thursday.
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He said the global halal market, with an estimated value of more than US$2.3 trillion a year, could contribute positively to the country's economy.Stay up-to-date by following Daily Express’s Telegram channel.
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