SMEs, cooperatives to drive halal sector. [Newspaper] (2021)
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Abstract
By 2030, it is estimated that the global halal market will reach US$5 trillion in value while the domestic market is estimated to reach US$113.2 billion. Malaysia's halal industry contributed about 7.8 per cent to the country's gross domestic product (GDP) in 2019. The halal industry is expected to contribute up to 8.1 percent to the GDP and export revenue is expected to reach RM56 billion in 2025 as stipulated in the 12th Malaysia Plan issued by the Economic Planning Unit (EPU). The significant figure shows that Malaysia has been successful in using the potential it has as a Muslim-majority country.
| Item Type: | Newspaper |
|---|---|
| Keywords: | Domestic market, Export revenue, Economic Planning Unit (EPU) |
| Taxonomy: | By Subject > Business & Management > Economics By Subject > Business & Management > Management By Subject > Business & Management > Marketing By Subject > Entrepreneurship > Business Planning |
| Local Content Hub: | Subjects > Business & Management |
| Depositing User: | Jamil Jawi |
| Date Deposited: | 12 Jul 2021 14:36 |
| Last Modified: | 21 Feb 2022 23:40 |
| Related URLs: |
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