Malaysia Your Business Partner (MYBP)
MALAYSIA Your Business Partner
Franchise
Malaysian franchises rank among the most popular consumer brands both locally and abroad and provide ample business opportunities through tested business operations. Get a great start in Malaysian franchises with MATRADE’s assistance. Singapore, Vietnam, Brunei, the Philippines, India, Saudi Arabia, the UAE and Australia. This is a testament to the acceptance, resilience and competitiveness of Malaysia’s franchise brands in the international arena. ‘Malaysian franchises, your route to entrepreneurial success.’ The main countries Malaysia has exported its franchises to include Indonesia, China,
In the last decade Malaysia has achieved significant progress in the franchise industry. Since the early 90’s, Malaysia has witnessed a significant number of businesses that have gravitated to, and adopted the franchise system. Franchising has now developed into one of the fastest growing sectors in the country. Malaysian home-grown franchises represent more than 70% of the total number of franchise systems in the country while foreign franchises account for the balance. Malaysia has strength in various franchising sectors, ranging from food and beverage, the automotive- related sector including car sales, service centres, and tyre services, clothing and accessories, learning centres and nurseries, retailing and supermarket, healthcare and beauty care, IT and telecommunications, hotels and tourism agencies, printing, photo-shops and others.
Regulated by the Malaysian Franchise Act 1998, with a structured system that adheres to international standards, Malaysian franchising is well accepted and can be easily implemented overseas. In fact, many Malaysian corporations have used franchising as a mode for foreign market entry. Through Malaysian franchises abroad, more products and services from Malaysia are marketed internationally, contributing to the growth of exports for the nation. Malaysian franchise brands has successfully penetrated over 60 countries worldwide.
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