How Hong Kong firms are tapping the rising global demand for halal food products
Advertisement
Some industry insiders told the Post recently that the current number of halal-certified restaurants was still falling short of meeting local demand.
'We have seen a rapid growth in halal certification applications in recent years,' Leo Yuen Chung-on, the founding chairman of the Hong Kong Food Science and Technology Association, said last Friday.
'But it's far from meeting the existing demand, especially during Muslim holidays when there is a surge in tourists from Muslim countries and local Muslims go out for celebrations.'
Hong Kong is pursuing new sources of inbound tourists, including those from the Middle East, to help boost its economy.
Advertisement
To promote halal certification among restaurants, the Hong Kong Tourism Board partnered with the Incorporated Trustees of the Islamic Community Fund of Hong Kong to encourage applications as part of government efforts to diversify visitor sources.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
South China Morning Post
an hour ago
- South China Morning Post
China property: Shanghai, Shenzhen could drop buying curbs after surprise Beijing move
Beijing's surprise move to lift home-purchase restrictions in outlying areas will help stabilise housing prices in the capital by next year, according to analysts, who added that other major cities like Shanghai and Shenzhen could follow suit. The municipal government said on Friday that families with Beijing residency, as well as those who paid social insurance and individual income tax in the city for a set period, would be allowed to buy new and second-hand homes outside the Fifth Ring Road, a major highway encircling the suburbs. The policy change also modified the rules around the housing provident fund – a government-backed savings scheme that subsidises home purchases and rentals. It raised the maximum loan for second homes to 1 million yuan (US$139,247) from 600,000 yuan and reduced the down-payment requirement for such purchases to 30 per cent, ending a higher threshold of 35 per cent that had been in place for inner-city homes. 'While Beijing's timing for policy relaxation is slightly surprising, we view the move as in line with the central government's tone of removing buying curbs in non-central areas,' said Jeff Zhang, an equity analyst at Morningstar. Shanghai and Shenzhen – the most economically developed of China's four first-tier cities (Beijing and Guangzhou are the other two) – were likely to roll out similar measures targeting non-central areas, he said. Demand was unlikely to rebound this year because of a high base in the fourth quarter, but could stabilise in 2026, he added. Beijing's surprise policy move 'came earlier than the market expected', as most investors expected stimulus measures in September because sales and home-price data are expected to deteriorate in August, HSBC analysts said in a report on Saturday. 'We think it's a positive change showing the government's enhanced proactiveness in rolling out measures, which will help strengthen market confidence and address the concern on stimulus being too late,' they said.
South China Morning Post
2 hours ago
- South China Morning Post
Humanoid robots show impressive moves at world conference in Beijing
For more on this story: The 2025 World Robot Conference is under way in Beijing. The event's 10th edition, taking place from August 8 to 12, comes amid the rapid development of China's robotics industry. The government has helped supercharge demand for humanoid robots in state-owned enterprises, while several manufacturers entered mass production in 2025. The Chinese robotic market is set to grow at an annual rate of 23 per cent to US$108 billion by 2028, according to Morgan Stanley.
South China Morning Post
3 hours ago
- South China Morning Post
Nvidia's H20 chips face growing Chinese distrust over alleged back doors, 15% revenue deal
US chip giant Nvidia faces increasing mistrust in China over its H20 chips, after the company secured a licence from Washington to export the tailor-made processors by agreeing to pay 15 per cent of its revenues to the US government. On Sunday, a Chinese state media outlet labelled Nvidia's H20 chip as unsafe and urged Chinese buyers to boycott the artificial intelligence processors designed for the Chinese market. Despite Nvidia's repeated denials of 'back-door' vulnerabilities, Yuyuan Tantian, associated with state broadcaster China Central Television, said the H20 chip could not be trusted because of the US government's alleged efforts to embed 'back doors' in the chips. 'When a chip is neither environmentally friendly nor advanced or safe, as consumers, we certainly have the option not to buy it,' the outlet said in a commentary. It suggested that the H20 chip could be remotely controlled through hardware and software exploits, citing Washington's attempts in 1992 to implement surveillance via chip back doors and a recent bill proposed in May requiring US chipmakers to incorporate tracking features. Robots displayed at Nvidia's booth during the China International Supply Chain Expo in Beijing last month. Photo: Xinhua Nvidia's chief security officer David Reber Jnr published a blog post last week titled: 'There are no back doors in Nvidia chips. No kill switches. No spyware.'
