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Covid-Hit Malaysians Urged Towards Franchises: Bernama

State agency says sector has been growing since 2016 and improves economic entrepreneurs who venture into the businesses


Malaysia's franchising promotion agency, known as Pernas, runs courses and events for entrepreneurs. Photo: Pernas

Entrepreneurs in Malaysia, especially small and medium-sized business owners and those who have been affected by pandemic-related movement control orders, have been urged to seize opportunities in the growing franchise business, Bernama reported.

Zakaria Mohd Edris, chairman of franchising agency Perbadanan Nasional, said the country’s franchise industry has been growing since 2016 and is able to improve the economic situation of entrepreneurs who venture into the business.

“The potential of the franchise industry is huge as we can see this industry showing positive development from year to year,” he told the state-owned news agency.

Read the full report: Bernama

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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