Malaysia Launches Halal Development Corporation: A Regional Economic Boost

Malaysia Launches Halal Development Corporation to Boost Regional Standards KUALA LUMPUR, MALAYSIA – In a significant move to strengthen halal standards across Southeast Asia, Malaysia announced the establishment of a new Halal Development Corporation. The initiative, unveiled by Deputy Prime Minister Ahmad Zahid Hamidi, aims to foster collaboration with ASEAN nations to capitalize on the growing global demand for halal products and services. "This isn't just about creating another agency," Hamidi stated in a recent interview, "but about recognizing the need for regional cooperation to unlock the vast potential of the halal market." He emphasized the importance of working together with neighboring countries to ensure consistent and high-quality halal standards. The corporation will leverage existing resources to streamline the process, avoiding unnecessary government spending. The move is expected to boost Malaysia's position as a leader in the global halal industry and contribute significantly to regional economic growth. The establishment of the corporation is a testament to Malaysia's commitment to international collaboration and the promotion of high halal standards globally.