The Malaysian government has earmarked over RM130 million in the 2027 Budget to bolster the nation's film, music, and creative content sectors. Prime Minister Datuk Seri Anwar Ibrahim announced this funding on October 9, aiming to enhance Malaysia's global profile, foster job creation, and stimulate economic growth. MyCreative Ventures welcomed the initiative, noting that the financial support will assist industry professionals in developing high-quality content and building sustainable business models. In an era defined by rapid technological advancement and intense international competition, the organization emphasized that the creative sector must focus on generating significant economic value alongside artistic production. This investment is expected to provide essential resources for talent development and strengthen the overall resilience of the local creative economy.
Source : Malay Mail
Photo : Malay Mail
