PFA predicts 13-percent growth in PHL franchising industry in next five years • Andrea E. San Juan

  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 59%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The Philippine franchising industry is projecting a 10-percent to 13-percent growth in the next five years, with the food, retail, and service sectors driving the growth, according to an official of the Philippine Franchise Association (PFA). “The 10 percent is our projection for next year. So, on a high side or a high note, we

The Philippine franchising industry is projecting a 10-percent to 13-percent growth in the next five years, with the food, retail, and service sectors driving the growth, according to an official of the Philippine Franchise Association .

The PFA chairman noted that food, retail and service sectors are expected to drive this growth. For the service sector, Quintana said, “With the service sector really receiving the clock end during the pandemic, we’ve seen a lot of growth…for the service sector where there’s a clamor in the overseas market. But of course food has been a winner through and through.”

But, Lim noted that among the sectors, retail has a “faster turnover” since “they are much faster in terms of bringing these brands globally.” “During the pandemic we noticed that there were a lot of home brewers who really specialized or upgraded their coffee experience. When things opened up, there was a void that needed to be filled in the urban sector’s cities and this is driving so many coffee shops to open,” Sanz added.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 19. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Net Asset Value Per Share (NAVPS) Performance (as of September 28, 2023) • Philippine Investment Funds AssociationA broader look at today\u2019s business
Fonte: BusinessMirror - 🏆 19. / 59 Consulte Mais informação »

Net Asset Value Per Share (NAVPS) Performance (as of September 29, 2023) • Philippine Investment Funds AssociationA broader look at today\u2019s business
Fonte: BusinessMirror - 🏆 19. / 59 Consulte Mais informação »