SMEs, cooperatives to drive halal sector

SMEs, cooperatives to drive halal sector. [Newspaper] (2021)


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
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