Kuala Lumpur, 21 Dec 2022 – Malaysia’s Kopitiam Asia Pacific Sdn Bhd or famously known as OldTown Kopitiam has planned for further expansion and targets to open 50 new franchise outlets in 2023. Chief executive officer Dawn Liew said that currently OldTown has 165 outlets in Malaysia and 19 other outlets in Indonesia, Singapore and …
Kuala Lumpur, 20 Dec 2022 – House Of Mind Excellence (HOME) Maths Therapy, a mind enrichment centre that offers micro and affordable franchise business opportunities in the education industry, has been recognised after bagging three awards at the 24th Annual Malaysia Franchise Awards (AFM) Dinner, recently. The three awards are the Best Franchise Ecosystem Innovation …
Home Maths Therapy Bags Three Best Franchise Awards Read More »
Kuala Lumpur, 13 Dec 2022 – In recognition of its commitment and achievements in the Quick Service Restaurant (QSR) industry, Malaysia’s most popular and largest homegrown Halal QSR, Marrybrown, won the Best Franchise Award as well as Best Franchisee of the Year, Emerging Franchisee of the Year, and Best Franchisor of the Year at the …
Marrybrown Honoured With Best Franchise Award At Malaysian Franchise Awards (AFM) 2022 Read More »
Petaling Jaya, 6 Nov 2022 – Loob Holding Sdn Bhd, which owns the Tealive bubble tea brand, will consider a listing on Bursa Malaysia Securities Bhd as early as 2024, its CEO Bryan Loo said. He said the listing status would be sought once the company reached its target of 1,000 Tealive stores, according to …
Tealive Owner Loob Likely To Seek Bursa Listing In 2024 Read More »
Kuala Lumpur, 6 Nov 2022 – Berjaya Food Bhd (Bfood) is poised to record growth following expansion plans and strong same-store sales growth for Berjaya Starbucks Coffee Company Sdn Bhd and Kenny Rogers Roasters (KRR). Mercury Securities Sdn Bhd said Starbucks plans to open between 35 and 40 new stores in the financial year 2023 …
Berjaya Food To See Strong Growth From Starbucks, Kenny Rogers Roasters Expansion Read More »
Petaling Jaya, 13 Oct 2022: The micro and affordable franchise (F3M) roadshow organised by the domestic trade and consumer affairs ministry (KPDNHEP) attracted over 1,000 participants. The nationwide roadshow, which ended recently, organised activities such as business pitching and matching sessions, consultations, talks, and exhibitions by franchise companies offering micro-scale and affordable business start-up packages, …
F3M Programme Drives Micro-Franchising, Aids Low-Income Groups Read More »
Kuala Lumpur, 8 Sep 2022 – The government is encouraging more parties to venture into the franchise industry as it foresees the industry’s great potential, said the Minister of Domestic Trade and Consumer Affairs Datuk Seri Alexander Nanta Linggi. He said the franchise industry plays an important role in the country’s economic recovery, especially in …
Government Foresees Great Potential In Franchise Industry Read More »
Kuala Lumpur, 8 Sep 2022 – Malaysia’s franchise industry is expected to see its sales value increase to RM22.66 billion by 2025, from RM14.65 billion in 2020, said Prime Minister Datuk Seri Ismail Sabri Yaakob. He noted that the local franchise industry has been growing rapidly, with 1,149 franchisers registered under the Franchise Act 1998. He said in 2021, …
Malaysia’s Franchise Sales Projected To Increase To Over RM22B In 2025, Says PM Read More »
Damansara, 28 Jul 2022 – The Micro and Affordable Franchise Program (F3M) implemented by the Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) in collaboration with the Malaysian Franchise Association (MFA) has begun to show success in helping to produce franchise owners from the B40 and M40. This success has also succeeded in placing this …
Success Of The F3M In Ensuring B40 And M40 Groups As Franchise Owners Read More »
Mauritius, 10 Jul 2022 – TOP homegrown lifestyle tea brand Tealive continues to expand its footprint internationally after another successful opening of its first outlet in Mauritius, the brand’s eighth international market, through a franchise agreement with local conglomerate Edendale Group. The store at Curepipe, just outside the capital of Port Louis, opened to long …
Tealive Enters Mauritius, Plans To Open 5 Outlets In 2 Years Read More »