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2.0   INTRODUCTION ON THE STRATEGIC PLAN/TOPIC

             Government has implemented several programs in their strategic plan in order

      to secure the public value in the public sector. For instance, during the opening speech

      by Y.A.B Dato’ Seri Najib Bin Tun Haji Abdul Razak, Prime Minister of Malaysia at

      the Official Opening of the 6th International Halal Showcase (MIHAS 2009) on 7 May

      2009 which has say that Malaysian is gathering of Halal business and research

      communities from all around the world. It is because the rising affluence of Muslims

      worldwide and the increasing awareness on Halal have created high demand for Halal

      product and services. This is to protect a Muslim and provide more Halal product and

      services for them. Besides that, the Malaysian Halal standard was also has been

      expanded to cover cosmetics and personal care products and other multinational

      companies such as Nestle, Colgate Palmolive, Ajinomoto as well as Unilever are being

      used the Malaysian Halal Standard as well.

             The Sixth International Halal Showcase (MIHAS) that has been established in

      a country defined as respected as a modern, peaceful and prosperous Islamic country

      especially among OIC member countries. The Malaysia's central position in Asia

      makes it an ideal trading platform to draw the world's Halal players in facilitating the

      sourcing and selling of global quality Halal products among society especially among

      a Muslim. Besides that, this organization was also embraces the Halal concept in all its

      dimensions from pharmaceuticals and herbal products, cosmetics and health care to

      Islamic investment, banking and Takaful in a country. MIHAS was organized by

      Malaysia External Trade Development Corporation (MATRADE). It is to raise the

      profile of Malaysian exporters in foreign markets as well as to disseminate timely and

      relevant information and market intelligence to help Malaysian companies gain a

      competitive edge in foreign markets. Besides that, it was also introduce the Malaysian
companies to the foreign importers seeking Malaysian suppliers and to undertake

activities to promote the export of Malaysian goods and services in overseas markets

around the world.

       In order to coordinate the overall development of the Halal industry, the

government was also has established the Halal Industry Development Corporation

(HDC). HDC is Malaysia's response to the momentum building up worldwide, for

better quality products and services as consumers gain confidence in the Halal process

of product or services. It will provide manufacturers, distributors, retailers,

entrepreneurs, researchers and investors all the necessary assistance to penetrate the

global Halal market through the adoption of the Malaysian experience and expertise in

food and non-food sectors in a country.

       Besides that, the area of Islamic finance in Malaysia was also another

important business within the Halal value chain to secure the public value in the

country. Thus, Malaysian has launched the Malaysia International Financial Centre

(MIFC) initiatives to offer its value proposition in Islamic finance to the world.

Therefore, in order to secure the public value in a country, government has established

these several institution to achieve the high demand of Halal product and services

among a Muslim. So that, it give more advantages of the country as well as open more

opportunity to other institution to increase their performance in served the various

needs of publics.

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Malaysia's Strategic Plan to Secure Public Value in Halal Industry

  • 1. 2.0 INTRODUCTION ON THE STRATEGIC PLAN/TOPIC Government has implemented several programs in their strategic plan in order to secure the public value in the public sector. For instance, during the opening speech by Y.A.B Dato’ Seri Najib Bin Tun Haji Abdul Razak, Prime Minister of Malaysia at the Official Opening of the 6th International Halal Showcase (MIHAS 2009) on 7 May 2009 which has say that Malaysian is gathering of Halal business and research communities from all around the world. It is because the rising affluence of Muslims worldwide and the increasing awareness on Halal have created high demand for Halal product and services. This is to protect a Muslim and provide more Halal product and services for them. Besides that, the Malaysian Halal standard was also has been expanded to cover cosmetics and personal care products and other multinational companies such as Nestle, Colgate Palmolive, Ajinomoto as well as Unilever are being used the Malaysian Halal Standard as well. The Sixth International Halal Showcase (MIHAS) that has been established in a country defined as respected as a modern, peaceful and prosperous Islamic country especially among OIC member countries. The Malaysia's central position in Asia makes it an ideal trading platform to draw the world's Halal players in facilitating the sourcing and selling of global quality Halal products among society especially among a Muslim. Besides that, this organization was also embraces the Halal concept in all its dimensions from pharmaceuticals and herbal products, cosmetics and health care to Islamic investment, banking and Takaful in a country. MIHAS was organized by Malaysia External Trade Development Corporation (MATRADE). It is to raise the profile of Malaysian exporters in foreign markets as well as to disseminate timely and relevant information and market intelligence to help Malaysian companies gain a competitive edge in foreign markets. Besides that, it was also introduce the Malaysian
  • 2. companies to the foreign importers seeking Malaysian suppliers and to undertake activities to promote the export of Malaysian goods and services in overseas markets around the world. In order to coordinate the overall development of the Halal industry, the government was also has established the Halal Industry Development Corporation (HDC). HDC is Malaysia's response to the momentum building up worldwide, for better quality products and services as consumers gain confidence in the Halal process of product or services. It will provide manufacturers, distributors, retailers, entrepreneurs, researchers and investors all the necessary assistance to penetrate the global Halal market through the adoption of the Malaysian experience and expertise in food and non-food sectors in a country. Besides that, the area of Islamic finance in Malaysia was also another important business within the Halal value chain to secure the public value in the country. Thus, Malaysian has launched the Malaysia International Financial Centre (MIFC) initiatives to offer its value proposition in Islamic finance to the world. Therefore, in order to secure the public value in a country, government has established these several institution to achieve the high demand of Halal product and services among a Muslim. So that, it give more advantages of the country as well as open more opportunity to other institution to increase their performance in served the various needs of publics.