Franchise industry growing well in Malaysia, says minister | Malay Mail

PUTRAJAYA, Oct 14 — The franchise industry has grown well in Malaysia, with 614 local franchisors, 68 master franchisees and 408 foreign franchisors being registered under the Franchise Act 1998, said Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi.

Nanta said the franchise industry’s socioeconomic contribution to the country could be seen via the Franchise Business Annual Report that each franchisor was required to submit annually. According to him, the foreign countries with the most Malaysian franchise outlets are Saudi Arabia, Indonesia, the United States, Australia and China.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Concerted push required to revitalise franchise industry in Malaysia, says PM | Malay MailPUTRAJAYA, Oct 14 — Prime Minister Datuk Seri Ismail Sabri Yaakob said concerted efforts from various agencies and industry players were needed to revitalise the franchise industry momentum in the next five years. In achieving this milestone, he said the government had allocated...
Source: malaymail - 🏆 1. / 86 Read more »