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Malaysia set to become world’s premier halal hub |
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The Star, June 24, 2010
KUALA LUMPUR: Malaysia is ready to become the world’s premier halal hub offering a complete range of products and services.
Prime Minister Datuk Seri Najib Tun Razak said the hub would be managed under a system based on halalan-toyyiban (“halal” and the best) requirements.
He said although there were already features in place to enable Malaysia to operate as the hub, more were still being developed and expected to be ready soon.
“These include the setting up a global reference centre in halal knowledge and halal-related services such as fatwa know-how, information on halal certification, capacity building, business opportunities and incentives.
“The Halal Industry Develop-ment Corporation has...
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New Halal cosmetics, logistics standards |
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By Rupa Damodaran, Business Times
June 24, 2010
The standard on halal logistics is a first in the world, says Prime Minister Datuk Seri Najib Razak
Malaysia, which has been in the forefront in developing inter-national standards for the halal industry, has launched two new standards for the cosmetics and logistics businesses, a move which will expand the global halal market potential, Prime Minister Datuk Seri Najib Razak said.
"The standard on halal logistics is a first in the world...
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‘Malaysia Steel Consumption may grow 5pc’ |
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 By Ooi Tee Ching, Business Times
June 24, 2010
DOMESTIC steel usage is projected to grow at only 5 per cent to 7.5 million tonnes this year - lower than an earlier forecast of 8-10 per cent growth, an industry body said.
Malaysian Iron and Steel Industry Federation (Misif) president Chow Chong Long said Malaysia is estimated to consume 7.5 million tonnes of steel this year compared with 7.1 million tonnes last year.
"There will be growth but the rate will be subdued. In the last two...
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Unimech looks to more revenue from Indonesia |
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By Marina Emmanuel, Business Times
June 23, 2010
PENANG-BASED Unimech Group Bhd (7091) is targeting to double the revenue of its Indonesian operations in three years.
The manufacturer of industrial valves, fittings and instrument gauges has earmarked RM5 million capital expenditure for the group this year and may plough about half of that into its Indonesian business.
"In expanding our sales and marketing network in Indonesia where we currently have 14 offices, we are looking at...
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The Star, June 23, 2010
THE Penang Government has plans to turn an open area, currently used as a pedestrian walkway along Jalan Dr Lim Chwee Leong, into a Gold and Jewellery Bazaar.
Chief Minister Lim Guan Eng said a Request for Proposal (RFP) would be called beginning July 1.
The proposal must be submitted by Oct 1.
Lim said the state government and the Penang Development Corporation (PDC) had identified a 0.4ha piece of land located next to Komtar for the project.
“The proposed...
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Unimech to grow overseas revenue contribution to 30% |
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By David Tan, The Star
June 23, 2010
GEORGE TOWN: Unimech Group Bhd is targeting for its overseas business to contribute over 30% to its revenue this year from 22% last year.
The company planned to do this by setting up by year-end six new marketing and distribution offices in Indonesia, which was now its largest and fastest growing foreign market, said executive chairman Datuk Lim Cheah Chooi (pic).
“Our customers in Indonesia are from the palm oil mills, marine industry and...
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