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Malaysia's SMEs Eye $30M Halal Market in Uzbekistan

1/24/2025

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Summary

Story summary

Malaysia's SMEs are urged to tap into Uzbekistan's halal market, catering to over 30 million Muslims.
Deputy Minister Ramanan pointed out growth opportunities in cosmetics, pharmaceuticals, food, and tourism sectors.
He stressed the significance of ESG factors for global competitiveness and noted readiness for the minimum wage policy.
The SME sector, crucial for Malaysia's economy, must embrace innovation and technology to overcome global challenges.

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Story summary

Malaysia's SMEs are urged to tap into Uzbekistan's halal market, catering to over 30 million Muslims.
Deputy Minister Ramanan pointed out growth opportunities in cosmetics, pharmaceuticals, food, and tourism sectors.
He stressed the significance of ESG factors for global competitiveness and noted readiness for the minimum wage policy.
The SME sector, crucial for Malaysia's economy, must embrace innovation and technology to overcome global challenges.