MALAYSIA - HALAL - Halfest 2011 Eyes 50,000 Visitors, RM28 Mln Sales (Main market Indonesia)

KUALA LUMPUR, Oct 11 (Bernama) -- The upcoming Halal Fiesta 2011 (Halfest 2011), a platform for consumers in the country to know local halal products better, expects 50,000 visitors and RM28 million in sales over its five-day duration from Oct 12 to 16.

Halfest chief executive officer Mohd Shukri Abdullah said at a press conference here today that the exhibition is open to the general public regardless of age, unlike MIHAS (International Halal Showcase) which focuses on exporting companies and visitors aged 18 and above. (source)

MALAYSIA - BANKING - CIMB Islamic loans to boost CIMB this year

KUALA LUMPUR: CIMB Islamic Bank Bhd expects an increase in its financing contribution to the CIMB group to between 15% and 19% this financial year, up from 13.8% currently, according to CIMB Islamic executive director and CEO Badlisyah Abdul Ghani. (source)