Tag: #IndonesiaEconomy
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Franchising in Indonesia: A Booming Business Model Rooted in Local Culture
Indonesia, Southeast Asia’s largest economy, is witnessing rapid growth in its franchising sector. Driven by a rising middle class, urbanization, and strong consumer demand, the country offers fertile ground for both local and international franchise operations. Why Indonesia Is Fostering Franchising Growth As of 2024, Indonesia recorded over 1,100 registered franchise brands, with more than…