30 May 2015 – The Malaysian Insider
Domestic Trade, Cooperative and Consumerism Minister Datuk Seri Hasan Malek has revealed that Malaysian franchises are doing well in Indonesia. – The Malaysian Insider file pic, May 30, 2015.
Twenty-five Malaysian franchise companies doing business in Indonesia now operate 564 outlets in the republic, says Domestic Trade, Cooperative and Consumerism Minister Datuk Seri Hasan Malek.
The number of franchise companies represents 41% of the 60 franchisers in Malaysia.
He said Malaysia’s franchise companies have expanded their business with 2,380 outlets in 55 countries.
“Jakarta is a popular destination to promote the franchise business as opportunities are abundant in this country,” he said when launching the Malaysian franchise promotion mission to Jakarta in the Indonesia capital today.
This is the fifth of nine missions to be promoted under the “Franchise Malaysia Goes Global” for this year after Dubai, South Korea, Australia and Surabaya with transactions worth RM42 million.
A Malaysia-Indonesia business forum was also held to inform Indonesian entrepreneurs of the many Malaysian franchises available and how to overcome problems in the business. – Bernama, May 30, 2015.
