Prime Minister Yingluck Shinawatra has expressed confidence the Thai food industry will remain the country’s top revenue earner despite any impact the euro-zone crisis may have. In fact, the overall Asean population of 601 million is a good alternative to ailing Europe.
Islamic finance and halal industry are twins separated at birth. The Halal industry, as an asset class, is looking for compliant liquidity. Islamic finance, as a movement connected to the real economy, is looking for impactful intra-OIC (compliant) investment and financing opportunities.
MENOPE 2012 (Middle East Natural and Organic Products Expo), 27-29 November 2012, is expected to attract more regional participation this year, apart from a host of global companies who have elicited enthusiasm to be part of the show.
The show has established Jeddah as the hub of the food, hotel and hospitality sector, and the Kingdom as a national showcase and forum where worldwide suppliers present their products and services,
What a Billion Muslims Really Think, a new documentary film from Unity Productions Foundation, explores the expertly gathered opinions of Muslims around the globe as revealed in the world’s first major opinion poll, conducted by Gallup, the preeminent polling organization.
The new title, Muallim, which is being touted as the first English language lifestyle magazine for Muslims in the country, will hit the newsstands in May.
The International Food Exhibition (IFEX) is the biggest government-sponsored international food and beverage show in the Philippines. It is relaunching as “Asia’s Ethnic Food and Ingredients Show”.
In line with company’s objective to promote the concept of Real Halal food globally, Al Islami has participated in the Sharia-compliant Bazaar.
With an estimated disposable income of between $107 billion and $124 billion, Muslim Americans are realizing they can use their size to influence the market. If a business offers halal food products, for example, Muslim consumers will pick that business over the others.
During their stay they spent over SR 7.7 bn. Also they made 741 domestic business trips during which they spent SR 876 million, said Eng. Tariq bin Abdul Rahman Al Essa, Director of Business Tourism Development Project at SCTA.
Iran’s answer to ‘criminality’ on the internet is not to fight criminality, but to block the internet. In the future, Iranians will have access to only the official national intranet and a whitelist of acceptable foreign sites.
Leading Pakistan brands in frozen meat, edible oil and herbal products are set to launch their operations in the emirate that will boost food business between the two countries.
The world’s first-of-its-kind Halal Intellectual Property (IP) Bank initiated by the Halal Industry Development Corp (HDC) has been formed to store all registered and licensed halal intellectual properties and ideas.
Tan Sri Muhyiddin Hj Mohd Yassin, in his keynote address, praised the World Halal Forum for its efforts in emphasizing on a universal appeal on Halal principles and for leveraging on creative channels like the arts, media and entertainment in spreading good values.
A GROWING number of companies from Chile are going for halal certification as they look to increase their exports to Asia, including Malaysia. There are currently 54 halal-certified export-oriented companies in Chile.
The main issues discussed include the worldwide consumer’s concern about machine slaughter, gelatine and the Halal permissibility of cloned animals, as well as the use of sausage casings in some well-known brands.
Aiming to tap into the $2.77 trillion international Halal food industry, Expo Centre Sharjah launched its new trade fair at the global hub of Halal food trade – Malaysia.
Over 300 foreign buyers from 52 countries participated in the business meetings with local companies. The buying mission at MIHAS was organised by the Malaysia External Trade Development Corporation (Matrade).
Islamic Finance news – IFN Today, Thursday, 24th May 2012
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