MALAYSIA External Trade Development Corp (Matrade) is expecting to achieve a 5% growth in sales at the Malaysia International Halal Showcase (Mihas) 2020, up from the RM1.6 billion sales recorded at Mihas 2019 in April this year.

The modest target figure is influenced by the global economic slowdown, Matrade CEO Datuk Wan Latiff Wan Musa said. “We know that the situation at the moment is not very conducive and perhaps it will continue until next year due to the global economic slowdown, but the fact that we are bringing in more exhibitors and buyers, (means) we (can) expect sales to still increase,” he told the press at the soft launch of Mihas 2020 in Kuala Lumpur yesterday.