Markets

Five markets. Five very different entry problems.

Indonesia anchors our practice — we are based in Bali and work the market daily. Around it we run searches in Singapore, Thailand, Vietnam and Malaysia, and support brands from Australia and the wider Asia-Pacific looking at the region for the first time.

Southeast Asian city skyline at dusk
Primary market · Based in Bali

Indonesia

270 million people, a rapidly expanding middle class and still dramatically underserved by international brands. Foreign ownership restrictions make master franchising and joint ventures the dominant entry routes. Halal certification and BPOM registration are early considerations, not afterthoughts.

Master franchise & JV led
BKPM investment approvals
Halal compliance critical
Jakarta, Bali, Surabaya, Bandung
Regional launchpad

Singapore

The most straightforward market to enter and the strongest proof point for the rest of the region. High rents and a small population demand precise unit economics, but a Singapore flagship makes every subsequent conversation in ASEAN easier.

Area development common
100% foreign ownership
Sophisticated operator base
Strong regional signalling
Mature franchise market

Thailand

A deep, established franchise sector with experienced multi-brand operators and mall developers who actively court international concepts. Foreign Business Act considerations shape the structure; the partner landscape is competitive and well capitalised.

Experienced franchisees
BOI incentives available
Mall-led expansion
Bangkok, Phuket, Chiang Mai
Fastest-growing

Vietnam

The region's fastest-emerging consumer market, with a young population and rapid urban income growth. Franchise regulation requires registration with the Ministry of Industry and Trade. Partner quality varies widely — vetting matters more here than anywhere.

MOIT franchise registration
JV structures common
Young, urban consumers
Ho Chi Minh City, Hanoi
Regulated & structured

Malaysia

A well-regulated franchise environment under the Franchise Act, with mandatory registration and a strong halal ecosystem. Stable, English-speaking and often paired with Singapore in a two-market entry.

Franchise Act registration
MPI & InvestKL support
Halal ecosystem mature
Kuala Lumpur, Penang, Johor

Not sure which market to start with?

That is precisely what a feasibility study answers — brand fit, opportunity size and an honest recommendation on sequencing.

Book a discovery call