Kuala Lumpur, 21st June 2021, The Ministry of Entrepreneur Development and Cooperatives (MEDAC) is optimistic that the rebranding of Perbadanan Nasional Bhd, which involves the change of acronym and logo from PNS to Pernas, will further strengthen the agency’s position as the champion of franchise industry growth in Malaysia. Minister Datuk Seri Dr Wan Junaidi…
Petaling Jaya, 1st April 2021, The Covid-19 pandemic does not stop MyNews Holdings Bhd, whose 542 convenient stores are mostly located in shopping malls and office buildings, from expanding aggressively. Although MyNews CEO Dang Tai Luk does not foresee the current challenges MyNews faces clearing up anytime soon, he told the media that the group…
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…
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…
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…
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…
Kuala Lumpur, 5th September 2021 A new convenience store chain has arrived in town and is riding on that timely Hallyu (Korean culture) wave. K-drama fans will recognise emart24 from scenes of daily life shot around South Korea, where it operates over 5,000 outlets nationwide. Vuitton Pang, of the Pang family behind MAMEE-Double Decker, has…
18th August 2021, THE Domestic Trade and Consumer Affairs Ministry (KPDNHEP) is collaborating with the Malaysian Franchise Association for this year’s Student Franchise Programme (SFP) 2021. Introduced in 2014, the SFP is aimed at introducing university students to the franchise business concept and provide them with opportunities to participate in company franchises. The comprehensive programme…
