Thursday, April 18, 2013

Today's Pick (04/04/13/56/980) Thai council collaborates in DagangHalal database

Thai council collaborates in DagangHalal database

KUALA LUMPUR: DagangHalal, an e-marketplace that showcases halal products and services, has received a shot in the arm with the introduction of the Halal Verified Engine (HVE) database to help in the certification process across the globe.

Thailand, with its US$7 billion (RM21.6 billion) halal industry, has shown interest in the standardised database.

DagangHalal Bhd yesterday inked an agreement with the Central Islamic Council of Thailand (CICOT) for the HVE collaboration.

Its executive chairman Muhadzir Mohd Isa said the collaboration has enabled it to strengthen bilateral ties and cooperation, especially in the database sharing of Thailand halal merchants.

"Securing 10-20 per cent of that sizeable market would be ideal," he told a media briefing yesterday.

HVE is a collaboration between DagangHalal and Jakim (Department of Islamic Development Malaysia).

It will assist the certification process of halal materials and components from overseas, with the support of the international certification bodies identified and sanctioned by Jakim.

CICOT is recognised in Thailand as the auditor of the halal certification for the domestic and international halal industry.

"We at DagangHalal aim to encourage more 'halalpreneurs' to jump on this bandwagon as it is a lucrative industry with over US$500 million of halal investment opportunities in Malaysia alone," Muhadzir said.

More than 3,000 entrepreneurs within the halal industry have benefitted from it and the number is rapidly increasing.

"We are certain that the HVE will be able to reach out to 58 countries worldwide, which will be to the benefit of the Malaysian halal players and industry."

DagangHalal is currently working with more than 56 international halal certification bodies and over 40 international trade fairs to increase its merchants' product branding exposure and B2B trade.

DagangHalal has also signed a partnership agreement with iPay88 Sdn Bhd and Mobbiexpress (Malaysia) Sdn Bhd for the implementation of Mobile eCommerce Aggregator services to be called DagangPay.

The global halal market is worth US$2.1 trillion and is growing by US$500 billion annually.

Source : New Straits Times

Date : 4 April 2013

Today's Pick (04/04/13/56/980)

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