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Local franchise industry contributed RM26.6b to GDP, says minister

Franchise NewsBy rithauddinFebruary 26, 2018

Kuala Lumpur, 21 November 2017, The local franchise industry contributed RM26.6 billion to Gross Domestic Product (GDP) in 2016 compared to RM26.8 billion in 2015. Domestic Trade, Cooperatives and Consumerism Minister, Datuk Seri Hamzah Zainudin said since the government introduced the Franchise Development Assistance Fund (DBPF) in 2005, 85 local franchise companies had received RM5.65 million in funds from the programme so far. “The performance of…

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Manhattan Fish Market seeks business partners in East Malaysia

Members NewsBy rithauddinFebruary 26, 2018

Kuching, 7 November 2017, The Manhattan Fish Market is currently seeking experienced candidates in East Malaysia who share the same entrepreneurial spirit, vision and mission, to grow with the restaurant through franchising with ready-for-takeover restaurants available. As one of the fastest growing and leading Halal-certified, American-inspired, fast casual seafood restaurant brands, Manhattan Fish Market currently…

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Private equity group Bridgepoint to buy UK Burger King franchise

Franchise NewsBy rithauddinFebruary 26, 2018

16 November 2017, Private equity group Bridgepoint has agreed a deal to take control of the Burger King brand in the UK, pledging to ramp up its expansion and “reinvigorate” its operations in the country. Bridgepoint will control the newly-formed Burger King UK, which be the master franchisee for the UK, giving it control over…

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7-Eleven’s Q3 earnings up 38%

Members NewsBy rithauddinFebruary 26, 2018

Petaling Jaya, 29 November 2017, 7-Eleven Malaysia Holdings Bhd’s net profit for the third quarter ended Sept 30, 2017 rose 38.14% to RM16.10 million from RM11.65 million a year ago due to higher revenue, gross margin improvement and other operating income. Full Article : http://www.thesundaily.my/news/2017/11/29/7-eleven%E2%80%99s-q3-earnings-38 Source : The Sun

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Fresh and frozen chicken products franchise opens first deli-concept store

Franchise NewsBy rithauddinFebruary 26, 2018

27 November 2017, MALAYSIA’S first deli-concept Ayamas outlet has opened in Kota Kemuning Seksyen 31, Selangor. Deli Ayamas will be featuring a menu along with a new concept similar to that of a convenience cafe where customers are able to have a meal while waiting for their purchase to be ready. Full Article :https://www.thestar.com.my/metro/metro-news/2017/11/27/fresh-and-frozen-chicken-products-franchise-opens-first-deliconcept-store/ Source…

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Effort under way to save historic McDonald’s “Store No. 1”

Members NewsBy rithauddinFebruary 26, 2018

CHICAGO: It has been closed to visitors for a decade with few noticing. But, when McDonald’s announced it would demolish “Store No. 1,” a small midwestern US community rallied to save the structure. Built on the site in a Chicago suburb of the first McDonald’s franchise restaurant, it is actually a replica of the original.…

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Burger King strengthens its presence in Netherlands with new franchise deal

Franchise NewsBy rithauddinFebruary 26, 2018

Burger King Europe has announced a franchise agreement with the newly formed BKNL BV to expand the presence of the Burger King brand in the Netherlands. The latest agreement aims to increase the 60-plus stored the fast food chain currently has in the Netherlands, although it has not be disclosed how many new locations may…

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Analyst reports-Consumer Sector

Members NewsBy rithauddinFebruary 23, 2018

16 November 2017, With the boom in e-commerce, AmResearch reckons that convenience store operators will be the beneficiaries of the growing phenomenon. Full Article : https://www.pressreader.com/malaysia/the-star-malaysia-starbiz/20171116/281642485463071 Source : The Star Daily

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Pewter goes dark- Royal Selangor has released a new collection based on one of the greatest pop culture icons ever.

Franchise NewsBy rithauddinFebruary 23, 2018

7 November 2017, Royal Selangor, in collaboration with DC Comics, has released a collection of five stunning pewter pieces that spotlight the Dark Knight and Gotham City’s greatest villains. Full Article : https://www.pressreader.com/malaysia/the-star-malaysia-star2/20171107/281599535771613 Sources : The Star Daily

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Tunku Shazuddin is new chairman of Berjaya Food

Franchise NewsBy rithauddinFebruary 23, 2018

Petaling Jaya, 4 December 2017,  Berjaya Food Bhd told the stock exchange today it has appointed Datuk Tunku Shazuddin Tunku Sallehuddin as its new chairman. Tunku Shazuddin, one of two sons of the Sultan of Kedah Tan Sri Tunku Sallehuddin Sultan Badlishah, replaces Datuk Seri Robin Tan Yeong Ching. Full Article : http://www.thesundaily.my/news/2017/12/04/tunku-shazuddin-new-chairman-berjaya-food Sources : The…

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