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This is an update to Post’s standing FAIRS report, with an update on JAKIM halal requirements for “animal based further products, milk and eggs products”; and guidelines on implementation....
With per capita income of over $9,120 and a middle and upper class making up 50 percent of the population, Malaysia shows good potential for growth as a market for high value consumer products.
Malaysia has a dynamic hotel and restaurant industry. Changing lifestyles and growing middle class underpin demand.
Malaysia’s retail sector is forecast to grow at 3 percent due to cautious consumer spending, increased subsidy rationalization and effects from the introduction of a goods and services tax....
The overall food processing sector is growing 3 percent per year, with dairy, bakery, and processed fish products leading.
Labor shortages, compulsory holidays (including three major ones in August and September) as well as voluntary holidays tacked on to create longer leave meant there were fewer days left to collect....
The planned rollout of 10 percent biodiesel blend (B10), initially scheduled on July 1, 2016, and deferred to January 1, 2017, has been postponed indefinitely.
There have not been any significant developments since last year’s 2016 report....
The Government of Malaysia (GOM) decision not to extend the amnesty program for undocumented illegal foreign workers beyond July 1, 2017 saw the industry facing an acute shortage of manual labor.
U.S Distiller’s Dried Grains with Solubles (DDGS) has a potential growth market in Malaysia as corn and soybean meal become more expensive....
For 2017/18, domestic consumption for the domestic spinning industry is forecast at 55,000 tons slightly higher than 2016/17 forecast at 54,430 tons....
Palm oil production is expected to increase from 17.7 million tons in 2015/16 to 19.4 million tons in 2016/17 and to 21 million tons in 2017/18 due to palm trees recovering from tree stress....