Film In Malaysia Incentive (FIMI) draws foreign investments, boosts film production activities, says Teo Nie Ching

SINGAPORE: The scams situation here has worsened as the number of cases increased by 16.3 per cent, with victims losing a record high of over S$385.6 million in the first six months of 2024.

Teo Nie Ching says that from 2013 to 2023, foreign and domestic investments totalling RM2.4bil in the film industry have successfully created 22,820 job opportunities. Photo: Bernama --fotoBERNAMA HAK CIPTA TERPELIHARA

"As a sector that creates job opportunities and fosters innovation, the film industry has made a significant contribution to the Gross Domestic Product . Teo also said the box-office collection of local films has shown significant growth, where the collection of 56 local movies stood at RM98.8mil last year.

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