Gloria Jean’s Coffees is expected to register an estimated RM22 million in revenue in 2015 from RM15 million this year from its coffee franchising business. MyFranchise Chief Executive Officer, Fauzi Awang expressed confidence that the Australian coffee chain will be able to achieve its target through its business expansion plans. By the end of this…
The Importance of the Franchise Act 1998 : Source: Ministry of Domestic Trade, Co-Operatives and Consumerism Before the enactment of the Franchise Act in 1998, fanchising in Malaysia was generally governed by contractual principles. The absence of complex statutory provisions or guidelines allowed parties to freely negotiate the terms of their franchising arrangement. In contrast,…
2 December 2014 – New Straits Times GEORGE TOWN: DESPITE a steady drizzle throughout the evening, more than 1,200 people turned up for the inaugural Asean Tourism and Fashion Fair 2014 which was held at the Maritime Automall on Karpal Singh Drive recently. Organised by the Asean Retail-Chains and Franchise Federation (ARFF), the fair was a big…
2 December 2014 – Business Times PUTRAJAYA: Malaysia International Franchise Sdn Bhd (MyFranchise), which operates the Gloria Jean’s Coffee chain in Malaysia and Brunei, is venturing into Indonesia next year. It is planning to open its flagship store in Jakarta by June, said its chairman Datuk Ahmad Shalimin Ahmad Shaffie. He said MyFranchise is upbeat on…
