Ministry looking at initiatives to spur franchise industry

Kuala Lumpur, 10 June 2020, The Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) is currently investigating several initiatives to stimulate retail activities including franchise businesses affected by the COVID-19 pandemic. Its Deputy Minister, Datuk Rosol Wahid, said in a statement today that the Ministry was also working to boost domestic trade and distribution activities,…

8 Major Challenges Franchising Network Will Face During COVID-19

In India, the Franchising community has never experienced a crisis like this, the immediate effects are apparent with the shutdown of pre-schools, K12 schools, food outlets, retail shops, salons; all of them heavily franchised owned and operated. Here we present 8 major challenges that franchising network will face during COVID-19: Cash Flows As the global response to coronavirus evolves,…

Idea masa PKP kini beri hasil

8 Jun 2020, RESEPI Arena Sdn Bhd, francaisor bagi jenama Dapur Penyet menumpukan cabang perniagaan baharu dengan memperkenalkan Program Reseller Dapur Penyet (PRDP). Pengarah Urusannya, Amran Abd Hamid berkata, program itu adalah salah satu inisitaif Dapur Penyet untuk memberi peluang kepada kakitangannya dan orang ramai terutama suri rumah, ibu tunggal menjana pendapatan sampingan dengan menjadi…

Anytime Fitness Asia acquired by Inspire Brands Asia

28th May 2020, Anytime Fitness Asia has been purchased by Inspire Brands Asia, a consortium of its top sub-master franchisees in Malaysia, the Philippines and Singapore, as well as lead investor Exacta Capital and co-investor Aura Group. The acquisition includes the master franchisee license in Singapore, Malaysia, the Philippines, Indonesia, Thailand, Taiwan, Vietnam, Hong Kong,…