Malaysian Franchises - Agencies in Malaysia to become master franchisors

 

Malaysia Franchises

 

Agencies in Malaysia under the Entrepreneur and Cooperative Development Ministry such as Perbadanan Nasional Berhad (PNS) should become master franchisors to foreign companies, said its minister Datuk Noh Omar. He said this could be achieved through cooperation between the agencies and foreign franchise holders. Previously, most foreign franchise holders either dealt directly with

 

                                           Franchising Malaysia

Agencies in Malaysia under the Entrepreneur and Cooperative Development Ministry such as Perbadanan Nasional Berhad (PNS) should become master franchisors to foreign companies, said its minister Datuk Noh Omar. He said this could be achieved through cooperation between the agencies and foreign franchise holders. Previously, most foreign franchise holders either dealt directly with local companies or appointed them as representatives, he told reporters at the Kapar Parliamentary Constituency Entrepreneur Showcase 2008. As the master franchisor, it is easier for PNS to develop the franchise industry because entrepreneurs need only deal with PNS when choosing the franchise they are interested in besides getting the advisory services and funds or becoming their partners, he said. He said PNS would assist more local franchisors to expand overseas and hoped the number of franchisors would be increased from 38 companies at present to 50 during the Ninth Malaysia Plan. Noh, who attended an international franchise exhibition in Manila yesterday where eight Malaysian companies took part, said several of them would form partnership with Filipino companies in an effort to enter the Philippines franchise market. He said an academy to train entrepreneurs on the franchise industry would be set up soon in an effort to develop the industry in a systematic and aggressive way. At the function, Noh presented RM1.5 million in loans to franchise entrepreneurs.

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Asia Franchises available in Malaysia 

The Malaysia food franchising business is set to become halal hub Halal franchisors Asia Focus Franchise Holdings, which owns two franchising brands, Chicken King and Shokudo, is preparing to carry out an initial public offering (IPO) on the stock exchange market this year.

The company is determined to make the Chicken King franchise and Shokudo franchise a fast-growing Asian alternative to other restaurant franchises.

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Franchises for sale in Malaysia

The popular Restaurant franchise that came to Malaysia in the 90s. It first opened at the Life Centre in Jalan Sultan Ismail, Kuala Lumpur, and then expanded to other regions in the Malaysia:

Penang and Johor. But the new look is not only for the franchises in Malaysia, every one of the TGIF restaurant franchises are being 

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Franchising in Malaysia is set to grow significantly as it is one of the preferred ways of doing business. There is an increasing interest in franchising by entrepreneurs and is further encouraged by the government bodies in the development of the franchise sector. Various programmes have been rolled out since early 1990s to stimulate the franchise industry, and in 1992 a Franchise Development

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McCurry Food Franchise Business 

Fast food franchise McDonalds has lost an eight year battle to prevent a Malaysian restaurant McCurry from using the Mc prefix in its name. The legal fight finally ended in a judgment by Malaysias highest court. The federal court ruled today that McDonalds cannot appeal against another courts verdict that had allowed McCurry to use Mc in its name. The owner says McCurry, which serves Indian food, is an abbreviation for Malaysian Chicken Curry. The

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Asia Franchise Malaysia Opportunities

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Malaysia Franchises

 

Agencies in Malaysia under the Entrepreneur and Cooperative Development Ministry such as Perbadanan Nasional Berhad (PNS) should become master franchisors to foreign companies, said its minister Datuk Noh Omar. He said this could be achieved through cooperation between the agencies and foreign franchise holders. Previously, most foreign franchise holders either dealt directly with

Read more...