Budget 2025: Malaysia Commits US$37 Million to Arts & Creative Industries
Kuala Lumpur: Malaysia has increased its digital content fund to RM65 million/US$15 million to promote creative works “especially those that embody the spirit of nationalism”, and will provide about RM40 million/US$9.3 million to support international film production in the country. The 2025 Budget also provides RM25 million/US$5.8 million to “support the creative industry through equity injections into high-potential companies, and to provide financing for creative social entrepreneurs”. In addition, the Madani Creative Youth Programme will be organised with an allocation of RM30 million/US$7 million “to attract about 16,000 youths to…