KUALA LUMPUR: Malaysia is positive on the growth of the franchise industry, targeting it to contribute some RM24bil to the country's gross domestic product (GDP) this year, said Minister of Domestic Trade, Cooperatives and Consumerism Datuk Seri Ismail Sabri Yaakob.
Last year, the franchise industry made up about 2.5% of total GDP, amounting to some RM24.3bil, surpassing the RM22.5bil target for the year.
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