{"id":8731,"date":"2020-07-01T10:53:30","date_gmt":"2020-07-01T02:53:30","guid":{"rendered":"http:\/\/dclass.my\/masjid\/?p=8731"},"modified":"2020-07-01T10:53:30","modified_gmt":"2020-07-01T02:53:30","slug":"national-franchise-development-plan-to-boost-franchise-industry","status":"publish","type":"post","link":"https:\/\/mfa.org.my\/mfa2020\/2020\/07\/01\/national-franchise-development-plan-to-boost-franchise-industry\/","title":{"rendered":"National Franchise Development Plan to boost franchise industry"},"content":{"rendered":"<div class=\"col-sm-12 col-md-12 col-lg-12 mt-4 px-sm-0 px-md-5 px-lg-15 text-dark text-justify\">\n<p>Putrajaya, June 29,<\/p>\n<p>&nbsp;<\/p>\n<p>The\u00a0National Franchise Development Master Plan\u00a0(PIPFN) 2021-2025, which is currently being developed, will be able to boost local and overseas franchise businesses as well as increasing franchise sales value\u00a0by 2025.<\/p>\n<p>Domestic Trade and Consumer Affairs Minister\u00a0Datuk Alexander Nanta Linggi said the five-year strategy is part of the post-COVID-19 recovery plan to revive the franchise industry which had been adversely affected by the Movement Control Order imposed to curb the COVID-19 pandemic.<\/p>\n<p>He said this to reporters after a roundtable discussion involving 51 franchisors here today.<\/p>\n<\/div>\n<div class=\"col-sm-12 col-md-12 col-lg-12 mt-4 px-sm-0 px-md-5 px-lg-15 text-dark text-justify\">\n<p>According to Nanta, the franchise sales value stood at RM11\u00a0billion in 2018\u00a0and rose to RM13 billion in 2019, adding that the amount is expected to double by 2025 with the implementation of the PIPFN.<\/p>\n<\/div>\n<div class=\"col-sm-12 col-md-12 col-lg-12 mt-4 px-sm-0 px-md-5 px-lg-15 text-dark text-justify\">\n<p>\u201cWe also hope that more Malaysian franchise brands will enter international markets,\u201d he said.<\/p>\n<p>He also urged franchisors to participate in the Malaysian Sales Carnival 2020 and the Buy Malaysian Product Campaign taking place from July to December this year.<\/p>\n<\/div>\n<div class=\"col-sm-12 col-md-12 col-lg-12 mt-4 px-sm-0 px-md-5 px-lg-15 text-dark text-justify\">\n<p>On another note, Nanta said that during the meeting, franchisors have\u00a0voiced their frustrations regarding the procedures in applying for operating permits\u00a0which involves\u00a0various authorities, adding that they have\u00a0proposed for the government to set up a one-stop centre\u00a0for operating licence applications.<\/p>\n<\/div>\n<div class=\"col-sm-12 col-md-12 col-lg-12 mt-4 px-sm-0 px-md-5 px-lg-15 text-dark text-justify\">\n<div id=\"bernama_mb_mid2\"><a href=\"http:\/\/dclass.my\/masjid\/wp-content\/uploads\/2020\/07\/1.png\"><img class=\"alignnone size-medium wp-image-8732\" src=\"http:\/\/dclass.my\/masjid\/wp-content\/uploads\/2020\/07\/1-300x186.png\" alt=\"1\" width=\"300\" height=\"186\" \/><\/a><\/div>\n<div><\/div>\n<div>Source: BERNAMA<\/div>\n<div>Full article:\u00a0<a href=\"https:\/\/www.bernama.com\/en\/business\/news.php?id=1855637\">https:\/\/www.bernama.com\/en\/business\/news.php?id=1855637<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Putrajaya, June 29, &nbsp; The\u00a0National Franchise Development Master Plan\u00a0(PIPFN) 2021-2025, which is currently being developed, will be able to boost local and overseas franchise businesses as well as increasing franchise sales value\u00a0by 2025. Domestic Trade and Consumer Affairs Minister\u00a0Datuk Alexander Nanta Linggi said the five-year strategy is part of the post-COVID-19 recovery plan to revive&hellip;<\/p>\n","protected":false},"author":8,"featured_media":8733,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[31],"tags":[],"_links":{"self":[{"href":"https:\/\/mfa.org.my\/mfa2020\/wp-json\/wp\/v2\/posts\/8731"}],"collection":[{"href":"https:\/\/mfa.org.my\/mfa2020\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mfa.org.my\/mfa2020\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mfa.org.my\/mfa2020\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mfa.org.my\/mfa2020\/wp-json\/wp\/v2\/comments?post=8731"}],"version-history":[{"count":0,"href":"https:\/\/mfa.org.my\/mfa2020\/wp-json\/wp\/v2\/posts\/8731\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mfa.org.my\/mfa2020\/wp-json\/wp\/v2\/media\/8733"}],"wp:attachment":[{"href":"https:\/\/mfa.org.my\/mfa2020\/wp-json\/wp\/v2\/media?parent=8731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mfa.org.my\/mfa2020\/wp-json\/wp\/v2\/categories?post=8731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mfa.org.my\/mfa2020\/wp-json\/wp\/v2\/tags?post=8731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}