Category: Related Topics

Holista Biotech optimistic on RM20m sales this year

| 26/09/2009 | Reply
Holista Biotech optimistic on RM20m sales this year

HOLISTA Biotech Sdn Bhd, a local biotechnology company, expects to
register about RM20 million in sales this year, driven by its existing
range of products. “Holista Colltech Australia Ltd is not yet in a place to give so
significant a revenue boost to the group. (But) next year (its
contribution) should be more,” Holista Colltech chief executive officer
Datuk Dr M. Rajen told Business Times recently.


Holista Colltech is the product of a reverse takeover exercise on
Colltech Australia Ltd by Holista Biotech, which was initiated last
year. Colltech holds the patent for the process of extracting collagen
from sheepskin.

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American Muslim Consumers in the Spotlight

| 25/09/2009 | Reply
American Muslim Consumers in the Spotlight

Muslims in the US are used to coming under the spotlight, but
this time, things are different. With a combined spending power of $170
billion, this diverse community of around 8-9 million spread across the country
is emerging as an attractive, and largely untapped, consumer demographic. The staging of the first American Muslim Consumer Conference
on 31st
October at Rutgers University, Busch Campus Centre,
Piscataway, NJ
, will be the first gathering of industry professionals to
examine this potent market sector, and explore its rich potential.

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The power of mobile money

| 24/09/2009 | Reply
The power of mobile money

With the proliferation of mobile phones all over the world, and 75% of them in the developing world, a new phenomenon has appeared: mobile money. By far the
most successful example of mobile money is M-PESA, launched in 2007 by
Safaricom of Kenya. It now has nearly 7m users—not bad for a country of
38m people, 18.3m of whom have mobile phones. M-PESA first became
popular as a way for young, male urban migrants to send money back to
their families in the countryside. It is now used to pay for everything
from school fees (no need to queue up at the bank every month to hand
over a wad of bills) to taxis (drivers like it because they are
carrying around less cash). Similar schemes are popular in the
Philippines and South Africa.

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UEM Land to Develop Biotech Park

| 21/09/2009 | Reply
UEM Land to Develop Biotech Park

MALAYSIAN Biotechnology Corp Sdn Bhd (BiotechCorp) has teamed up with
property developer UEM Land Holdings Bhd to jointly set up a
biotechnology park in Nusajaya, Johor, with an initial investment of
RM550 million.

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Tasty Flavors of Muslim Phuket, until Sept 24

| 21/09/2009 | Reply
Tasty Flavors of Muslim Phuket, until Sept 24

PHUKET’S annual Halal Festival has begun at Saphan Hin public park and will run until September 24. The food fair celebrates the end of Ramadan for Muslims throughout the Andaman provinces. Along with surrounding provinces, Phuket has a large number of Muslim residents.

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Malaysia Set To Be World’s First Halal Collagen Hub, Says Muhyiddin

| 18/09/2009 | Reply
Malaysia Set To Be World’s First Halal Collagen Hub, Says Muhyiddin

Malaysia is set to be the world’s first Halal Collagen Hub
with the successful takeover of a listed Australian biotechnology
company specialising in the development and commercialisation of ovine
collagen.

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Malaysian companies plan to exceed US$1.59 million seafood exports to UAE recorded in 2008

| 17/09/2009 | Reply
Malaysian companies plan to exceed US$1.59 million seafood exports to UAE recorded in 2008

With
an estimated 10 to 15 tons of seafood being auctioned off within the
Dubai fish market on a daily basis, the seafood trade in the emirate
remains thriving amidst the current recession. Dubai’s relatively
affluent expatriate community and its hospitality sector also make the
emirate an excellent hub for Halal seafood imports and exports from
across the globe.

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Stage set for Thai festival in Qatar

| 15/09/2009 | Reply
Stage set for Thai festival in Qatar

The
Thai Embassy in Qatar, with the support of Grand Hyatt and Qatar
Airways, will organise a grand Thai Festival from September 28 to
October 3. Promotions like these are another reason why Thai food is so well-known around the world, and why they are so successful in promoting their Halal export products and services.

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France’s army embraces its Muslim soldiers

| 15/09/2009 | Reply
France’s army embraces its Muslim soldiers

Muslims in France’s army who go on
the pilgrimage to Mecca this year will not have to travel on private
commercial flights or bunk with ordinary civilians. In a break from
tradition, the Defence Ministry will provide a plane to fly them to
Saudi Arabia and organize their stay.

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"The financial crisis is not in the slightest bit surprising"

| 12/09/2009 | Reply
"The financial crisis is not in the slightest bit surprising"

A fascinating interview with German lawyer and philosopher AbuBakr Rieger on the root causes of the economic melt-down and the important role that Islam has to play in bringing a return to balance and sanity in the financial arenas.

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Sri Lanka pushes halal credentials

| 10/09/2009 | Reply
Sri Lanka pushes halal credentials

Sri
Lanka’s major holiday destinations will now offer halal food, in a bid
to cater for a recent influx of tourists from the Middle East.

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IDB Gives Nod To Brunei Leadership Role In Islamic Finance

| 07/09/2009 | Reply
IDB Gives Nod To Brunei Leadership Role In Islamic Finance

Bandar Seri Begawan – Bank Islam Brunei – Darussalam’s (BIBD)
appointment as one of the co-lead managers for the Islamic Development
Bank’s (IDB) upcoming US$1.5 billion sukuk issue gives a nod to
Brunei’s leadership role in Islamic finance and the application of
syariah-compliant instruments. The bank was mandated alongside BNP Paribas, CIMB, Deutsche Bank and
HSBC last July for the IDB’s latest sukuk offering, which will have a
three-to five-year maturity date to be decided and a price to be
announced, depending on the investor base.

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Halal drugs audit: Brunei’s other promise

| 06/09/2009 | Reply
Halal drugs audit: Brunei’s other promise

WHILE the halal market is largely concentrated on food, Brunei has
already begun developing its halal guidelines for the pharmaceutical
industry. The Brunei Islamic Religious Council is yet to
finalise work on the document but once it is completed, this would put
the Sultanate in the forefront of growth in the global market, Selma
Djukic, president of White Owl Global Services Ltd, a service and
consulting agency targeting the pharmaceutical industry, says in a talk
with The Brunei Times’ Debbie Too. The Canadian firm specialises in
research, drug development, natural health and biotechnology, project
management.

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Kasehdia To Organise World Halal Forum In Europe

| 05/09/2009 | Reply
Kasehdia To Organise World Halal Forum In Europe

KasehDia Sdn Bhd,
organiser of the World Halal Forum, will for the first time organise
the event in Europe from Nov 17-18. With the theme,
“Halal Market Potential- A Regional Force”, the forum
will be held at The Hague, Netherlands, and is expected to attract
about 300 delegates from over 40 countries.

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IHI and Pakistan

| 04/09/2009 | Reply
IHI and Pakistan


Pakistan’s first ever major Halal event, Global Halal Expo and Global
Halal Congress have been slated to be held in Karachi from 12th to 14th
February 2010 at the Karachi Expo Centre. Expected to be held back to
back in Karachi, Global Halal Congress is an international conference
for leading Halal industry players, Halal certification bodies and
other major stakeholders to discuss the latest trends and issues in the
Global Halal industry and to identify the opportunities available for
Halal suppliers. The Global Halal Expo will be an international Halal
exhibition showcasing Halal products and services from all over the
world.

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Halal Ads Hit French TV — And France Eats Them Up

| 02/09/2009 | Reply
Halal Ads Hit French TV — And France Eats Them Up

The ad campaign by Panzani-owned, Lyon-based food brand Zakia Halal
is the first ever mass-market promotion of halal food to France’s
estimated five million Muslims. The TV spots kicked off on Aug. 17 to
coincide with the start of the holy month of Ramadan, and have been
running on most of France’s largest television channels since.

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The World’s First "Halal" Search Engine Designed for Muslims Goes Live

| 01/09/2009 | Reply
The World’s First "Halal" Search Engine Designed for Muslims Goes Live

AMSTERDAM – As of today, Muslims from all over the world can search the World Wide
Web safely without coming across content that might be considered “Haram”
according to the Islamic Law. The search engine, ImHalal.com (http://www.imhalal.com/ ), only fetches
results that are flagged as to be “Halal”.

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How to Make Socially Responsible Investments Pay Off

| 31/08/2009 | Reply
How to Make Socially Responsible Investments Pay Off

As the notions of CSR and Halal continue to converge, read this thought-provoking article from the CEO of Timberland. While consumers call for more socially responsible business practices, shareholders and investors still don’t seem to care. Where are the really socially responsible investors? asks Swartz. Similarly in the Halal sector, the market is expanding exponentially, the consumers are vastly under-served, and yet where is the investment money, particularly from the Muslim world? They can’t all still be looking at real estate and football clubs…or can they?

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French Muslims suprised by first TV advert for halal food

| 28/08/2009 | Reply
French Muslims suprised by first TV advert for halal food

The power of the Islamic purse has broken new ground
in France with the country’s first primetime TV advertisement for halal
food.
In a surprising development for a country poised to ban the burka,
the advert for the first time directly targets France’s five million
Muslims, offering them microwaveable paella, lasagna and shepherd’s pie
prepared in accordance with Islamic law.

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Wipro Consumer Care eyes Africa for growth

| 26/08/2009 | Reply
Wipro Consumer Care eyes Africa for growth

BANGALORE:
Wipro Consumer Care and Lighting (WCCL), which forayed into the international
personal care market by snapping up Singapore-headquartered Unza Holdings, is
training its focus on east and west African countries to increase Unza’s
base this fiscal.
Unza’s portfolio
includes women’s toiletry brand Enchanteur, which accounts for 30% of
revenues, men’s brand Romano as well as Halal toiletry brand Safi.

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