New permit requirements and levies affect meat, poultry, dairy, and hides as authorities increase oversight of the livestock sector.
The government is refurbishing 150 public slaughterhouses in phases before handing them over to private operators. This is to improve hygiene, efficiency, and meat quality.
The government is doing so to protect livestock amid prolonged drought.
The acquisition is part of MHP’s strategy to expand in the European poultry market. The deal is subject to regulatory approvals, including European Commission clearance.
The Korean Muslim Federation (KMF) has issued a fatwa allowing cultivated meat under several conditions to address the growing demand for Halal protein alternatives..