The government's recent move to liberalise 27 services sub-sectors has given the franchise industry a shot in the arm, says Deputy International Trade and Industry Minister Datuk Mukhriz Mahathir.
KUALA LUMPUR: The franchise industry is projected to contribute 2.6 per cent, or some RM22.5 billion, to the country's gross domestic product (GDP) this year.
KUALA LUMPUR: The Franchise International Malaysia 2012 (FIM 2012), organised by Malaysia Franchise Association (MFA), is expected to clinch some RM370 million worth of trade deals.
PETALING JAYA: Economic uncertainty and modest retail growth will not deter TCRS Restaurants Sdn Bhd, the operator of The Chicken Rice Shop (TCRS), from expanding its business this year.
PETALING JAYA: Stellar Retail Sdn Bhd, the master franchisee for Debenhams in Malaysia and Singapore, expects to make its debut in Singapore this year.
The growth in the halal market, especially for healthy food low in fat, will sustain the hot dog brand franchisor’s revenue growth in the future, says its CEO
KUALA LUMPUR: Secret Recipe Sdn Bhd plans to spend betweeen RM15 million and RM20 million this year, to open up new stores, namely in the Klang Valley as well as in key areas in Peninsular Malaysia.
KUALA LUMPUR: The Malaysian Franchise Association (MFA) expects to see between 25 per cent and 30 per cent growth in the franchise industry next year onwards, helped by the tax rebate incentive for franchise fee announced during 2012 Budget.
The leading fast food restaurant operator in East Malaysia says it has received many enquiries from entrepreneurs in Kuching, Miri, Penang, Kuala Lumpur and the Klang Valley
The London School of English, said to be the world's oldest accredited English language school, is looking for franchise partners to enter the Malaysian education market.
The government will open a franchise academy with an initial investment of RM20 million to train entrepreneurs and industry players in the franchise industry.
KUALA LUMPUR: The Malaysian Franchise Association (MFA) has urged franchise players to adopt new media such as websites, blogs and social networking sites as their marketing strategy to reach out to a wider customer base.
KUALA LUMPUR: The National Franchise Development Blueprint to make the local franchise industry more vibrant is expected to be launched by the end of the year.
KUALA LUMPUR: The Franchise International Malaysia 2011 Exhibition and Conference (FIM2011) is expected to clinch some RM345 million worth of trade deals.
Chaswood Resources Sdn Bhd, operator of TGI Friday's outlets, has won the franchise rights to open Watami restaurants in Malaysia, as it seeks to fill a vacuum in the market for Japanese food.
Not everyone is familiar with the brand Austin Chase, but that is about to change as the new franchisor looks to develop a new kind of coffee culture and expand rapidly not only in Malaysia, but also in the region.
Rakan Riang Sdn Bhd, the franchise holder of KidZania in Malaysia, is looking at expanding the brand to different states and in the region, even before it opens its maiden store at Mutiara Damansara by year-end.
DUBAI: Following the establishment of Malaysian restaurants under the MalaysiaKitchen programme in Tokyo and London, its promoters are now eyeing the possibility of opening a similar outlet in the United Arab Emirates (UAE).
Sri Sutra Travel, the first travel agency wholly- owned by a Bumiputera is looking for interested applicants to run its franchise travel business in 32 locations nationwide.
The local franchise industry may still be in its infancy, but it has proven its resilience over the past 12 months by growing despite consumers tightening their purse strings.
Asia Franchise and Business Opportunities magazine (Malaysian Edition) have outlined seven tips to better prepare franchisees in search for the best site
A Burgeoning middle class, growing disposable income and two-thirds of the population under 30, who are brand-conscious, trendy and adore the Western lifestyle.
Despite fierce competition in a market dominated by international brands, E-Maxim hopes to cut a slice of the market share with its robust business model
Berjaya Krispy Kreme Doughnuts Sdn Bhd (BKKD), the franchisee of the American chain of doughnut stores in Malaysia, will spend up to RM24 million to open 20 outlets in five years.
Tutti Frutti, a US frozen yogurt chain, will hit local shores through the franchise route, with the opening of its first outlet by September and another four by December.
Premium ice-cream brand Lecka-Lecka may have an Italian name and use Italian technology and expertise, but it is in fact Malaysian born and manufactured.
Naza Tutti Frutti (M) Sdn Bhd, the master licensee holder for Tutti Frutti frozen yogurt in Malaysia, Singapore, Thailand and India, expects sales from its Tutti Frutti business will grow by 10 per cent within the first year of operation.
The Naza Group is taking proactive steps to become the franchisee for more automotive brands, said its group chief operating officer, Al-Jeffery Ibrahim.