KUALA LUMPUR: The RM200 million Halal Industry Fund will play a
part in stimulating halal industry growth for export market purposes,
says SME Bank.
Source from (Business Times): http://www.btimes.com.my/Current_News/BTIMES/articles/halla/Article/
Published: October 05, 2012
In a statement yesterday, the development
financial institution said it will join hands with the Islamic
Development Bank (IDB) to provide the fund.
"The move is also
expected to hasten the internationalisation of competitive small and
medium enterprises in the global arena," it said.
On the 2013
Budget, the bank said a huge challenge awaits SME entrepreneurs in
ensuring the production of high-impact halal products. "... The seed
fund is a good initiative by the government to enable the country to
compete with others, "it said. Bernama
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