Filipino franchises gear for expansion abroad

ABS-CBN News

Posted at Mar 22 2015 06:02 PM | Updated as of Mar 23 2015 06:00 PM

MANILA - Filipino franchises are now gearing for expansion abroad as the global economy becomes increasingly integrated, a business group said.

In a statement, Philippine Franchise Association (PFA) president and Goldilocks vice president Franklin Go said: “This year’s APEC summit in the Philippines, the impending ASEAN Economic Community, the numerous free trade agreements that our country is a party of, the likely entry of the Philippines in the Trans Pacific Partnership and other trade partnerships are timely reminders and clear indications that the global economy is now linked with a network of freeways allowing for freer trade.”

He said the PFA, an internationally recognized franchise association, is ready to help members in tapping their potential abroad.

“It is in this context that we are holding Franchise Asia Philippines 2015 as we continue to strengthen efforts to help Philippine franchises expand in foreign markets while promoting the Philippines as an investment destination for foreign franchises thus solidifying our position as the franchise hub of Asia,” Go said.

Franchise Asia Philippines 2015 presents strategies, solutions and opportunities to help the sector take full advantage of an integrated global economy, Franchise Asia Philippines 2015 over-all chairman and Max’s Group of Companies chairman Robert F. Trota said.

The Franchise Asia Philippines 2015 will take place at the SMX Convention Center on June 10 to 14.