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FOR a small country where where Muslims make up 15 per cent of the resident population, Singapore is starting to make its presence felt in a big way in Islamic markets worldwide. The Republic now comes second place in the halal food segment of the Global Islamic Economy Indicator index. And it’s ranked third in both pharmaceuticals and cosmetics, and media and recreation.
While that’s good news to local businesses eyeing the international Islamic market, are Singapore SMEs ready to make the leap to carve a slice of the halal pie? We see why Singapore is emerging as a market to watch in the global halal economy in Brunch this Saturday in The Business Times Weekend.
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Originally published on: www.businesstimes.com.sg
