GOVERNMENT programmes and initiatives in developing
franchise has allowed 46 local franchisors to expand the franchise brand
to over 50 countries worldwide.Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri
Ismail Sabri Yaacob said the total number of franchised outlets overseas
has reached 1,413.
Source from (The Malay Mail): http://www.mmail.com.my/story/46-franchisors-expand-business-overseas-36139
Published: November 05, 2012
Source from (The Sun Daily): http://www.thesundaily.my/news/532374
Published: November 05, 2012
"Efforts will be intensified to ensure that they will continue to
grow and the government will continue to support by providing funds," he
said while opening franchise beauty centre ELV Wellness here today.
The government would also encourage more micro franchise packages to
provide opportunities for the low and middle income group to become
entrepreneurs.
"To date, 60 franchisors have produced franchise packages that will grow to create franchisees," said Ismail Sabri.
Some 5,580 franchisees have been created but the actual number will
only be known when the amended Franchise Act 1998 takes effect on
January 1.- Bernama
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