• Newsletter
  • Contact
  • Press Releases
Friday, June 6, 2025
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Login
  • Register
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
No Result
View All Result
Home Events

Indonesia’s Ministry of Trade to resonate Franchise through Bizfest

Wulan by Wulan
March 22, 2024
in Events, Industry, News
0
IFF Bizfest 2021

IFF Bizfest 2021

Share on FacebookShare on Twitter

Heaptalk, Jakarta — The Minister of Trade, Muhammad Lutfi delivered that Indonesia has major potentials in franchise business (07/12). Pointed out to the opportunities, the Ministry of Trade makes a tangible measure by building cooperation with many parties, initiating activities to empower the local franchise business, one of which is embodied in Bizfest 2021 – license and franchise business festival.

“The Government strives to promote the development of local franchise business across the Country due to the tremendous, promising market potential that the Country has. As recorded in 2020, business franchise in Indonesia remains a great contribution by absorbing 628,000 employees and chalked out earning to nearly US$3.8 million,” voiced Lutfi in Indonesia Franchise Forum, an opening program of Bizfest. (07/12)

In order to surge the popularity of the local franchise, not solely around the nation but also globally, the Ministry of Trade has supported various franchise activities, the action was completely reflected in its support on Bizfest 2021.

World Ai Jakarta 2025
World Ai Jakarta 2025

Bizfest 2021 is known as a part of “The National Movement Let’s Build Business” and was created by the collaboration between the Indonesian Franchise Association (AFI), Indonesian Franchising, and Licensing Society (WALI), and Indonesian License Association (Asensi). The festival is held starting from 7 – 13 December 2021, consisting of three sub agendas including Bizfest award, shopping festival, as well as partnership, franchise, and license expo.

The bell that marks the beginning of Bizfest has rung through Indonesia Franchise Forum (IFF) that has been held on December, 7th 2021. According to the Chairman of AFI Anang Sukandar (07/12), through Bizfest, domestic consumption is expected to increase and will bring investment, keep the national economic wheels turning.

“Through the event, the economic growth is projected to be surplus by growing 5.5 – 6%. AFI fully supports and appreciates the event, and We also hope the occasion will assist any business opportunity to develop and even build its franchise as well as produce a licensed product,” stated Anang.

Additionally, the Chairman of WALI Tri Raharjo affirmed that in battling against the attack of the covid-19, numerous associations support the national movement by the aims to accelerate the franchise business recovery and trigger the new businesses through a franchise, license, and business opportunities.

“Based on data in Q4 2021, the business recovery, today, attains 25%, and the fact becomes great news for us. The data demonstrated that the national business discovers gradually,” stated Tri on IFF (07/12). (WLN)

 

Tags: businesseventsfranchiselocal franchisenewsnews portal

Related Posts

Paving the Way for Expatriate Homeownership: Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program

Paving the Way for Expatriate Homeownership: Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program

June 5, 2025
KL1 Phase 2 has been completed. Credit: Equinix

Equinix completes KL1 Phase 2 data center in Kuala Lumpur

June 2, 2025
Commemorating Professor Soemitro's 108th anniversary at Soemitro Center (05/29). Credit: Haris

Soemitro Center: A platform for Indonesia’s young economists

May 31, 2025
Lifree breathable adult diapers can help improve skin health. Credit: Haris

Unicharm research: Lifree improves quality of life for elderly

May 31, 2025
Xiaomi's premiumization strategy has yielded positive results in Q1 2025. Credit: Sinta

Applying premiumization strategy, Xiaomi gains 64.5% net profit jump in Q1 2025

May 31, 2025
Kaspersky appointed Defi Nofitra as first country manager for Indonesia. Credit: Kaspersky

Kaspersky appoints Defi Nofitra as first country manager for Indonesia

May 31, 2025
  • 32321

    New tech layoff chapter, Microsoft lays off thousands of its cloud unit ‘Azure’

    1 shares
    Share 0 Tweet 0
  • Nokia rolls out 6600 5G Ultra

    0 shares
    Share 0 Tweet 0
  • Performing a second layoff round, Morgan Stanley to reduce 3,000 workforces in Q2 2023

    1 shares
    Share 0 Tweet 0
  • TikTok Shop to reach a US$15 billion in its GMV transactions

    1 shares
    Share 0 Tweet 0
  • International Women’s Day – Opportunity for Businesses to Support Women in the Workplace

    0 shares
    Share 0 Tweet 0
the 10th world battery & energy industry expo 2025World Ai Jakarta 2025
Heaptalk business news logo

We Build an Ecosystem by Sharing Business News, Headlines and Expert Talks in Professional Perspective and Positive Point of View. Latest business news media headlines platform today.

Recent Posts

  • Paving the Way for Expatriate Homeownership: Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program
  • Equinix completes KL1 Phase 2 data center in Kuala Lumpur
  • Soemitro Center: A platform for Indonesia’s young economists
  • Unicharm research: Lifree improves quality of life for elderly
  • Applying premiumization strategy, Xiaomi gains 64.5% net profit jump in Q1 2025

Follow Us

Facebook
Twitter
LinkedIn Youtube Instagram RSS

Newsletter

  • About Us
  • Editorial
  • Newsletter
  • Contact
  • Privacy Policy
  • Cyber Media Guidelines
  • Disclaimer
  • SOP Perlindungan Wartawan

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • News
  • Technology
  • Industry
  • GovAct
  • Events
  • Whats on
  • Expert Talk
  • Insight
  • Sustainability
  • Newsletter
  • Press Releases
  • Login
  • Sign Up

© 2024 Heaptalk.com