The development of halal cosmetics and
pharmaceuticals is key if Brunei is to grab a share of the exploding
halal market—products approved as religiously proper for Muslims. In the
past, the country has focused on halal food production. But this year
Brunei became the first country with halal pharmaceutical
guidelines—"initiated due to interest from foreign investors on setting
up halal pharmaceutical plants in Brunei." And the halal cosmetic
industry, said to be to be worth $560 million US globally, is also one
Brunei could easily enter. The country's strengths—its size and the
nature of manufacturing non-meat products—make it especially suited to
produce non-meat halal products. Next month, The International Halal
Market Conference 2010, will be held in Berakas, Brunei. The theme:
"Halal: The Next Decade."
Source: BT.com.bn
