Halal creates an opening for Thai firms in Malaysia | Bangkok Post: business

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Halal creates an opening for Thai firms in Malaysia

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KUALA LUMPUR : Thai food makers are being urged to enter the Malaysian market to capitalise on the neighbouring country's vision of becoming a global hub for halal food. 

Petch Chinabutr, director of Thailand's National Food Institute (NFI), said that despite a population of just 30 million, Malaysia has a high per-capita income compared with other countries in the 10-member Asean group, ranking only behind Singapore and Brunei.

"Furthermore, the Malaysian government has a policy to turn the country into a global hub of halal products, and the country also has established free-trade deals with many partners, especially in the European Union, so this is a good opportunity for Thai businesses to penetrate this market," he said.

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