In efforts to boost Malaysia-Thailand halal ties, Malaysian Deputy Prime Minister Tan Sri Muhyiddin Yassin planned on a three-day visit to Thailand, arriving on Thursday.
The visit aims to enhance cooperation to push halal goods as major global products.
Malaysian Ambassador to Thailand, Nazirah Hussain stated that even though Thailand had a better capacity to produce halal products, it was Malaysia’s Religious Development Department’s halal brand that was recognised worldwide.
According to Malaysian news agency BERNAMA, Muhyiddin wants more investments from Thailand to flow into Malaysia in a move to strengthen bilateral trade ties.
He said about 400 Malaysian companies had invested in Thailand but only a few from the neighbouring country had invested in Malaysia.
The deputy PM of neighbouring Malaysia also reiterated that Thailand was Malaysia’s fifth largest global trading partner and the second largest in ASEAN.
In 2012,two-way trade rose between 12 and 13 per cent to almost RM24 billion,” he added.
Muhyiddin complimented Thailand’s interest in the industry and its strategies to accomplish more halal investments have been laid out clearly.
Videos You May Like
Leave a Reply
Latest on Amilin TV
Islamic Economy News
- Muslim world needs to develop revolutionary method in Islamic finance
- Iran says lower oil prices a new tactic to undermine its economy
- WIEF to generate greater awareness of Islamic economy
- Chiba to be gateway for Malaysian Halal products into Japan
- Taiwan’s Halal System
- Halal certification: a gateway to export markets