Optimism in the domestic franchising sector has shifted to a high gear, according to a recent survey by the Philippine Franchise Association (PFA). Dr. Carl Balita (Photo credit: http://www.pfa.org.ph/) Dr. Carl Balita, chairman of the recent five-day Philippine Franchise Asia Virtual...
Due to pandemic lockdown PFA Chairman Emeritus Samie Lim An estimated 70,000 franchise outlets or 35 percent out of the 200,000 franchised firms at the start of 2020 have already shut down or closing shops by the end of the year due to the pandemic, but this sector is expected to recover as early...
The Philippines slipped to fourth highest from first among the top franchising destinations in the Asia Pacific region, but remained number one in ASEAN with the industry expecting a strong rebound next year with 20 percent growth and 30 percent in 2022 before reaching a peak in 2025....
Pokwang It was a tough decision for comedy actress Pokwang to transfer network after being part of ABS-CBN for more than a decade. Â In an interview with media for her upcoming TV5 show "Fill in the Blank," the 49-year-old celebrity said she is thankful that ABS-CBN informed her in advance that...
Carlo Katigbak (Screengrab from GMA News YouTube channel) In rare instance, GMA Network aired the messages of the executives of their direct competitor ABS-CBN after the latter's franchise renewal bid was denied by the House Committee on Legislative Franchises. The videotaped messages of ABS-CBN...