Budget 2024 a boost for growth of Malaysia’s creative industry, say entertainers, film groups

KUALA LUMPUR, Oct 14 — Various initiatives can be implemented to boost the local arts and creative industry through the allocation of RM160 million under the Malaysia Madani...

'Short-sighted' to cull crocodile spotted at Marina East without trying other options first, say some animal groups in SingaporePopular composer and rapper Syed Ahmad Syed Abdul Rahman Alhadad or better known as Altimet said the rapid growth of the creative industry can contribute positively to the economic growth of Malaysia.

From the total, RM60 million will be allocated under the Digital Content Fund to promote local arts as well as support content with national value while RM90 million is for ‘Film in Malaysia Incentive’ to further encourage the production of international-standard films and another RM10 million is to set up the MyCreative Matching Fund Scheme to support young artists in creative project development.

In the meantime, Persatuan Perfileman Malaysia , which comprise seven associations that are involved in the local filming industry were grateful to the government for the consideration and help rendered to develop the creative industry. “Some have already chosen Malaysia as an international filming destination and the announcement will serve as an added boost to encourage other international film production companies to choose Malaysia as their preferred destination for filming.

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