KUALA LUMPUR, June 13 (Bernama) — The Malaysian Franchise Association (MFA) is targeting to record eight per cent growth in transactions at Franchise International Malaysia (FIM) 2014, compared with RM368 million recorded in 2013.
MFA main committee member Abdul Rahman Mohamed said the association was optimistic of achieving the target based on its annual growth rate of 5-10 per cent recorded in previous years.
“The target is made based on the participation of the franchisors in various business sectors, which have grown rapidly and are widely accepted (by consumers).
“Currently, there are 726 franchise companies registere…
BERNAMA – English Version
