February 27, 2024

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Malaysia to Offer Sustainable Tech Solutions for Japan’s Halal Market

Tech Solutions for Japan Halal Market

Malaysia has been undertaking several digital transformation efforts through the National eCommerce Strategic Roadmap and through the country’s engagements at the international level.

Having said that, Malaysian companies are urged to explore new markets and expand their business activities internationally to fulfil the nation’s vision. It is important for local companies to intensify their collaborations with ASEAN countries, such as Japan.

Being a country with numerous advanced technological systems, Japan is like a magnet that continuously attracts foreign tourists from around the globe to experience the beautiful nature and cultural resources.

The upcoming international multi-sport event, the Summer 2020 Olympics will be held in Tokyo, Japan. Being the first city in Asia to host the historical sports event twice, Japan is set to welcome 40 million foreign visitors next year.

With the increasing numbers of Muslim tourists flooding Japan during the Olympics from July 24 to August 9, 2020, Malaysia is taking a step forward as one of the halal product producers.

Malaysian International Trade and Industry Minister, Datuk Darell Leiking confirmed that the halal market in Japan is the best platform for Malaysian halal producers to expand their brands.

Establishing a continuous relationship with Japan in the halal industry is seen to be necessary as Malaysia can venture into numerous fields like logistics, data analytics, retail, certification, food distribution, and tourism. Leiking asserted this as one of the efforts for future collaboration with Japan at the Seminar on Business Opportunities in Malaysia.

In addition, Japanese investors can tap into the robust Malaysian start-up ecosystem and utilise the Malaysia Digital Hub initiative which works to support tech and digital co-working spaces.

The Digital Hubs are essentially the centre that offers start-ups with the opportunity to expand globally, have ready access to high-speed broadband connectivity, funding and facilitation opportunities, and a workforce-ready ecosystem, among others.

To retain a market opening for Malaysian companies in Japan, the Digital Halal Trade Value Chain initiative is set to be implemented to allow the companies to market their products.

Agencies like the Ministry of Economic Affairs (MEA), Ministry of Entrepreneur Development (MED) and Malaysia Digital Economy Corporation (MDEC) have been appointed as sub-committees for the initiative. They share a similar goal, which is to promote Malaysia’s international halal branding solutions in food, non-food and services.

Japan’s good relationship with Malaysia together with the credible Department of Islamic Development Malaysia (JAKIM) background, reaffirms Malaysia’s position in providing halal food and products during the Tokyo Olympics 2020.

Mutual gains for both Malaysian and Japan from the halal industry and future investment by the Japanese investors enables positive shares of the halal expertise and technology transfers.

Malaysia needs to innovate and automate in order to remain competitive in challenging market systems of the current time. Hence, the country must restructure its business and industrial ecosystems to meet the needs of the future with the adoption and application of digital and innovative technologies, coupled with effective management and high value-added skills of our talents.

Leiking added that Malaysia offers many lucrative opportunities for Japanese investors to expand their investment by collaborating with the local companies or establishing own business firms. In short, the relationship between the local companies and Japanese business owners would allow for sharing sessions in various matters including digital and innovation strategies.

Moreover, Malaysia is willing to Japanese investors access to the ASEAN Data Analytics Exchange (ADAX), a data technology hub designed to proliferate data-driven decision making.

It is the catalyst for talent development and access to a vibrant data ecosystem for investors to foster collaboration among businesses, start-ups, academia, and professionals so that these focus areas become an integral part of business innovation and decision making.

In accessing ADAX, Japanese investors can tap into the data technology ecosystem within ASEAN.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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