brunei
A Malay Islamic Monarchy with a long and cultured history, Brunei is now focussing on Islamic Finance, the Halal Industry and EcoTourism to diversify its economy from overdependence on oil and gas
HALAL MARKET NEWSLETTER
MAY/JUNE 2008
Halal Industry experts gather in Brunei Darussalam for August Conference & Expo With the innovative theme, ‘The Emergence of the Halal Market Economy’, this years conference promises a new in-depth perspective on the evolving global Halal market. The Halal market is not static. It is an evolving market phenomenon that is emerging as a new force within global commerce. With a foundational consumer base of 1.5 billion Muslims around the world, the Halal sector is rapidly finding common ground with other market forces.
The global trends towards natural, healthy, fairtrade and environmental protection, plus the strong focus on ethic practices in finance and investment are all helping to bring the Halal movement into stronger and more relevant perspective. Industry stakeholders are increasingly realizing that the opportunities within the Halal sectors extend far beyond the scope of food production. As the market develops, we are seeing the emergence of a full spectrum of products and services that are all related to the Halal sector. As these new entities mature and begin to interact with each other, we are starting to see the unfolding of the next phase of growth of the Halal movement.
One clear example of this new phase is the increasing scope of activity between the Halal sector and Islamic investment. As the market matures, the opportunities for investment, mergers and acquisitions are increasing. Islamic Investment funds with a specific focus on the Halal industry are increasingly appearing, and the ground of common interest between these two shariah-compliant sectors continues to strengthen. The rise of Halal tourism, the need for sector specific ICT initiatives, Halal pharmaceuticals, industrial park developments and the appearance of Halal science are all signs that this new Halal Market Economy is taking shape, and is showing every sign of being a powerful new market paradigm for the 21st century.
See www.bruneihalalexpo.com for details
‘The Emergence of the Halal Market Economy’ 16-17 August 2008 International Convention Centre Brunei Darusslam
Come and spend a few days breathing the clean fresh air of Brunei’s tropical rainforests
IHMC 2008 This years conference will have the following sessions ➡ Global Market Review Latest updates from industry specialists, covering global trends, latest OIC/GCC developments, plus SE Asian perspectives. ➡ Manufacturing Hear how Halal food manufacturers are now diversifying into food service, restaurants chains, hotels and vending cart operations. Plus the case for quality over quantity, and Halal park development perspectives
This years International Halal Market Conference raises the bar There are now Halal conferences and expos all over the world, so it is becoming increasingly important for event organisers to really deliver quality. South East Asia is still remains the cutting edge for pushing the Halal market forwards, but latest moves in the GCC region, plus activities in North America are now opening up the market to new influences. IHMC 2008 will bring together selected industry experts with real specialist knowledge of various industry sectors such as pharmaceuticals, venture capital, high quality production, software development and tourism. Plus an opportunity to participate in an open session with Shariah scholars, scientists and industry experts to hear views on some of the controversial issues in the Halal market.
OIC moves on Halal Standards Latest news from the OIC Summit in Senegal has indicated that the initiative to develop Halal standards has moved to a new level. The Jeddah-based Islamic Chamber of Commerce and Industry (ICCI) has been given a mandate to develop Halal standards for the OIC-member nations. Headed by Saudi tycoon Sheikh Saleh Kamel, the ICCI is emerging as a dynamic organisation that is bringing together diverse interests with a focus on the Halal sector.
In addition to developing standards, the ICCI seems to be encouraging the zone of common interest between Islamic Finance and the Halal industry. These two shariah-compliant industries have the potential to have a major impact on each other; and as a combined force, they can have a significant impact on global markets. The Halal market is really poised on the brink of a new phase of growth and development that will not be limited to the Muslim market. Consumers around the world are all becoming aware of Halal - even if they do not fully understand what is means. The opportunity exists for a strong push to bring about a new level of awareness on Halal.
Halal Market Economy The convergence of various interests within the Halal market is bringing about a new awareness of a new emerging market paradigm, the Halal Market Economy. There are so many diverse elements that have Halal as a common factor. As these elements combine and interact, we are seeing whole new industry sectors, such as Halal tourism and hospitality, open up for investment and growth. These moves are not limited to the Muslim world. Business interests around the world, from North America to the Philippines, are eyeing the Halal sector as a potential avenue for growth and economic revival. This market is moving fast. To stay ahead of the curve, industry stakeholders will need to keep abreast of the latest developments.
➡ Growth & Investment Islamic funds are increasingly looking to the Halal sector for investment and M&A opportunities. How will this impact the Halal market? What are the future growth sectors in Halal likely to be? ➡ Research & Development Hear the latest results from the cutting edge of Halal research, plus the move towards Halal pharmaceuticals and the latest Halal-sector ICT projects ➡ Shariah & Science An open panel session with Shariah scholars, scientists and industry experts discussing some of the current issues and topics in the Halal sector, such as stunning, mechanical slaughter and gelatin ➡ SME Success Stories Hear from local and regional SME’s who have achieved a good level of success in the Halal sector with good ideas and dedication ➡ Looking Forward A look at what to expect in the coming year for the Halal industry
Download programme
a pdf version of the full IHMC 2008 programme can be downloaded here
His Majesty the Sultan visiting some of the 150 booths at Brunei’s International Halal Product Expo in 2007. This year’s Expo is expected to see around 300 international and local exhibitors
Brunei IHP Expo expecting to double up again in 2008 Brunei’s International Halal Products Expo IHP 2008 is now going into its third year. Attendance of both exhibitors and traders doubled from 2006 to 2007, and the organisers expect to see numbers double again this year, with 300 booths expected. This makes the Brunei IHP 2008 the second largest Halal trade event (after Mihas) and puts Brunei on the map as a venue for international Halal industry players to gather. IHP 2007 saw 21 MOU’s signed between the Brunei Ministry of Industry and Primary Resources and overseas companies, and the Brunei Halal agenda is high on the list of Brunei government priorities. New developments with the Brunei AgroTech Park, and the Brunei Halal Science Centre, plus initiatives in Halal pharmaceuticals and Halal-related ICT projects are all combining to put Brunei at the centre of new Halal market initiatives in South East Asia. IHP 2008 along with the International Halal Market Conference IHMC make Brunei the natural place to be for all Halal industry professionals and stakeholders from 14-17 August
Take the Tour! All too often, conference delegates do not see much more than a conference centre and the inside of their hotel room. To encourage delegates of the 3rd International Halal Market Conference to widen their horizons, Brunei Tourism has offered to provide a City Tour for all conference delegates. The city tour gives the visitor a 2-hour glimpse into Brunei history, tradition Spend a few days in Brunei, and get to experience and lifestyle of Brunei. The tour starts at the Jamia Asr Hassanil Bolkiah Mosque, the warm friendly lifestyle in one of the last truly the largest and most elegant mosque in Brunei, and goes on to pass through the peaceful places on earth business and commercial centre to the Brunei Museum. This gives you a chance to see the unique Water Village, home to some 30,000 Bruneians and to see the water taxis speeding back and forth across the river. The tour also takes in the Royal Regalia Halal and His Majesty the Sultan’s Palace, Istana Nurul Iman, and for those with some extra time, there is also an opportunity to visit the local crystal factory as well as the Handicraft Centre. So don’t just come for the Conference and Expo. Come and be our guests for a few hours and take home a taste of the peace and calm of Brunei. After all, if you have come this far, you owe it to yourself to take in the relaxing tranquillity of one of the last truly peaceful places on earth. For a taste of what is in store, visit www.tourismbrunei.com
Registration
16-17 August, Brunei Darussalam REGISTRATION DETAILS
Name _______________________________________________________________________________________ Occupation/Position _____________________________________________________________________________ Company/Organisation___________________________________________________________________________ Address ______________________________________________________________________________________ _____________________________________________________________________________________________ City __________________________ Post code ___________________ Country ____________________________ Phone _________________________ Fax ________________________ Mobile _____________________________ Email ___________________________________________________Website _______________________________ NATURE OF BUSINESS ___ Meat
___ Poultry
___ Dairy
___ Food Processing
___ Retail
___ Ingredients
___ Beverages
___ Pharmaceuticals
___ Contract Mfr
___ Packaging
___ Logistics
___ Government
___ NGO/Association
___ Certification
___ Academic
___ ICT
___ Marketing
___ Import/Export
___ Consulting
___ Media
Other (please state) ____________________________________________________________________________ SIZE OF ORGANISATION ___ 1-10
___ 11-25
___ 26-50
___ 51-100
IHMC 2008 RATES • Early Bird Rate (until 30 June 2008) • International Delegate Rate (after 30 June 2008) • Returning Delegate (from 2006-2007) • Group Rates (3 or more delegates) • Local Delegates
___101-200
___ 201-500
___ 500+
BND 200 BND 250 BND 200 BND 180 BND 100
PAYMENT OPTIONS (please tick your chosen option) ___ I will pay upon arrival ___ I hereby enclose a cheque for BND __________ payable to BG COLLECTION AC TUTONG ___ I have transfered the sum of BND __________ to BG COLLECTION AC TUTONG , account number 001-839000-0001 at HSBC Ltd, 7 Jalan Enche Awang, Pekan Tutong, Tutong TA1341, Negara Brunei Darussalam, quoting Swift Code “bnbb”. A copy of the transfer slip is attached Please send the completed form to: Ms Hajah Siti Maslina, The Secretariat, International Halal Market Conference, Entrepreneurial Development Centre, Minstry of Industry and Primary Resources, B19, Simpang 32-15, Kg Anggerek Desa, Berakas, Brunei Darussalam. Tel: +673 233 3964, 233 4172 , Fax: +673 233 3964, email: ihmc_2008@yahoo.com Name _________________________________________ Signed _______________________________________ For further enquiries, please contact: Mr Effandi Bin Haji Salleh at effandisalleh@gmail.com or Mrs Salama Evans at salama@imaratconsultants.com For further details, please refer to www.bruneihalalexpo.com