Franchise Associations Expect Healthy Growth

Jakarta Post:

Indonesia’s franchise industry still has room for expansion in 2008 after 3 years of rapid development, although the growth is likely to be slower than in recent years, business players say.

Since 2005, the number of local franchises has mushroomed. At the end of 2005, the number of local franchises reached 129 brands, compared to 237 foreign franchises. 2 years later, local franchises outnumbered foreign ones by 450 to 250.

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