Most commendably, 65 local brands, including Daily Fresh, Rotiboy (pic) and Smart Reader have successfully expanded their franchise business, opening more than 3,000 new outlets in 66 countries
KUALA LUMPUR: The Malaysian franchise industry has been growing at a rapid pace in the past two years and is currently at a commendable level.
Shamsuzaman Sulaiman, Domestic Trade and Consumer Affairs Ministry’s senior director of Distributive Trade and Services Sector said the industry has contributed significantly to the country’s socio-economic development, based on the Franchise Business Annual Report (LTPF).
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