Malaysia: MIHAS 2018 records strong sales – the MIHAS Roundup

| 01/05/2018 | Reply

KUALA LUMPUR: The 15th Malaysia International Halal Showcase (MIHAS) 2018, organised by Malaysia External Trade Development Corporation (MATRADE), yet again proved to be a major catalyst in growing halal trade in Malaysia as well as internationally.

The event, which took place from 4-7 April 2018 was held at the Malaysia International Trade and Exhibition Centre (MITEC). A total of RM1.52 billion sales were recorded, compared to RM1.01 billion registered last year.

The sales were from the event’s two main components – exhibition and business matching programme called International Sourcing Programme (INSP). Sales from the exhibition component recorded an increase of 29 per cent to RM914.57 million compared to RM708.82 million in 2017, while the INSP generated sales of RM602.45 million, an increase of 99.5 per cent compared to RM301.99 million in 2017.

The top performing sectors at MIHAS 2018 exhibition were prepared food (RM407.20 million or 44.5% share of total sales), beverages (RM129.3 million or 14.1% share), pharmaceuticals, toiletries & cosmetics (RM108.04 million or 11.8% share), agricultural produce (RM68.53 million or 7.5% share) and machinery & equipment (RM41.58 million or 4.6% share). The iconic event focused on seven key product and services clusters namely food & beverage, pharmaceuticals, cosmetics, finance, tourism, e-Commerce and logistics.

MIHAS Awards were also featured this year to provide recognition to companies who innovate and inject creativity into their product development. A total of 12 awards were given out during MIHAS Awards 2018, as a form of appreciation for the efforts made by MIHAS’ participants in showcasing their Halal products and services. Among the winners were PS Food & Beverage Sdn Bhd (Gold Award for Most Innovative F&B Product), Phytes Biotek Sdn Bhd (Gold Award for Most Innovative Non-Food & Services), Umrahloka Sdn Bhd (Gold Award for Best Malaysian Booth Design & Presentation) and Takex Co. Ltd (Gold Award for Best International Booth Design & Presentation). Palestine pavilion won the best country pavilion award.

MIHAS 2018 also introduced few series of programmes including seminars and conferences that were held concurrently with the exhibition. Among the programmes were organised in partnership with organisations such as Bioeconomy Corporation, Thomson Reuters, Association of Islamic Banks Institutions Malaysia (AIBIM), Universiti Malaysia Pahang, Majlis Amarah Rakyat (MARA), iHALALMAS and CrescentRating. Some of the key programmes include MATRADE Trade Talk, MyPitch@MIHAS, Symposium on Halal Gelatin Ecosystem, Halal Trade Finance Conference, IMHalal Conference and Halal in Travel Conference.

According to Ir. Dr. Mohd Shahreen Zainooreen Madros, Chief Executive Officer of MATRADE, these programmes are part of MATRADE’s efforts to establish an element of thought leadership for Malaysian companies in regards to all matters related to the global halal economy. “We take a holistic view in regards to MIHAS 2018. It is a platform for not only generating sales but also educating and providing market insights to our companies, especially SMEs,” he added.

This year, five (5) MATRADE’s Trade Commissioners were invited to participate in MATRADE Trade Talk in conjunction with MIHAS 2018, as panellists to share market insights and opportunities in Halal sector of their respective areas of coverage. Trade Commissioners involved were from Dubai, the UAE; Tokyo, Japan; Jakarta, Indonesia; Shanghai, China and Almaty, Kazakhstan.

During the 4-day event, a total of 33 Memorandum of Understanding (MOUs), 120 presentations, 37 product launching events and 6 press conference were organised. Among the MOUs signed during MIHAS were TV Alhijrah with TV Asyl Arna (Kazakhstan) & Korean Halal Institute, Universiti Malaysia Pahang with Amin Bio Group (China) and KPJ Healthcare with Kulin South East Asia.

MIHAS began in 2004 and continues to grow as the world’s largest halal trade event. It was held under the patronage of Ministry of International Trade and Industry in association with Halal Development Corporation (HDC) and Department of Islamic Development Malaysia (JAKIM). MIHAS is a component of World Halal Week 2018 which was held from March 26 to April 2018. The 16th edition of MIHAS will return next year from 3 to 6 April 2019 at Malaysia International Trade and Exhibition Centre in Kuala Lumpur.

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Category: Asia, Halal Trade, Islamic Economy, Media & Events, Partner Events, Research

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