Jollibee forms joint venture with Malaysian franchisee

29th July 2021, Local fast-food giant Jollibee Foods Corp. (JFC) on Thursday said it is forming a joint venture (JV) with its franchise owner in Malaysia, which will become its vehicle to operate the company’s stores in the western part of the oil-producing Southeast Asian nation. In its disclosure, Jollibee said its Singapore-based unit Golden…

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South Korea’s Paris Baguette franchise owner keen on launching bakeries in Malaysia — report

Kuala Lumpur, 6th April 2021, South Korea-based food company SPC Group’s top officials were reported to have discussed with Malaysian government officials including Senior Minister and Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali on SPC’s planned Malaysian investments which include construction of production facilities and the launch of Paris Baguette bakeries…

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Taco Bell Malaysia officially opens

Kuala Lumpur, 8th April 2021, Taco Bell, the world’s largest Mexican-inspired American fast-food brand, officially opened its doors for the first time in Malaysia on April 2 in Cyberjaya. The official opening of the Taco Bell restaurant was graced by Malaysia Digital Economy Corporation (MDEC) chief executive officer Surina Shukri and accompanied by Taco Bell…

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On The Border Announces Major Franchising Agreement with JRW Inc.

12th August 2021, World’s largest Mexican casual dining brand looking to open 60 new restaurants throughout South Korea Dallas, TX  (RestaurantNews.com)  On The Border Mexican Grill & Cantina announced today that it has signed a 60-store Master Franchise Agreement with JRW Inc. making the Korea-based franchisee its Master Franchisor across South Korea. With this newest agreement, JRW…

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Matrade: Malaysia achieves significant progress in franchise industry

Kuala Lumpur, 1st September 2021, Malaysia’s franchise industry has achieved significant progress, being one of the fastest-growing sectors in the country, said the Malaysia External Trade Development Corporation (Matrade). In a statement, deputy chief executive officer Sharimahton Mat Saleh said through Malaysian franchises abroad, more products and services can be marketed internationally, contributing to the…

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