42 Creative Content Fund Applications Worth RM7.43 Million Approved For Sabah, Sarawak
KOTA KINABALU, July 22 (Bernama) -- A total of 42 Creative Content Fund (DKK) applications from production companies in Sabah and Sarawak, worth RM7.43 million, have been approved from 2022 up to this month, said Communications Minister Datuk Fahmi Fadzil.
He said the approved applications covered various categories, including feature and short films, documentaries, marketing, scriptwriting and post-production, creating over 1,245 jobs.
'As of this month, the National Film Development Corporation Malaysia (Finas) has also received 36 applications for the Borneo TV Programme Fund and 24 for the Post-Production Fund. All applications are evaluated transparently and with integrity by a committee comprising professional panellists and ministry representatives,' he said.
He was speaking at the presentation of Creative Content Fund letters of acceptance to Sabah's creative industry players in Sabah here tonight.
Also present were Assistant Minister to the Chief Minister, Datuk Nizam Abu Bakar Titingan, Communications Ministry secretary-general Datuk Mohamad Fauzi Md Isa, Finas chairman Datuk Hans Isaac, Finas chief executive officer Datuk Azmir Saifuddin Mutalib, Malaysian National News Agency (Bernama) chief executive officer Datin Paduka Nur-ul Afida Kamaludin, and Information Department director-general Julina Johan.
Fahmi further said that under the DKK, 14 local production companies have been offered the Borneo TV Programme Fund, including six from Sabah.
He said the six Sabah companies received approvals amounting to RM1.15 million, expected to create over 200 new jobs.
'As for the Post-Production Fund, nine companies received offers, one of which is from Sabah. For Sabah, one project was approved with a value of nearly RM240,000, adding value to the post-filming process,' he said.
He added that the total amount approved for the seven Sabah companies under the Borneo TV Programme Fund and the Post-Production Fund stood at RM1.39 million.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
19 minutes ago
- The Star
Ringgit ends lower vs greenback as traders await tariff clarity
KUALA LUMPUR: The ringgit ended lower against the US dollar on Friday, as some investors locked in profits following recent gains, amid lingering uncertainty over the timing of potential Malaysia-United States (US) tariff discussions. At 6 pm, the local note eased to 4.2195/2245 against the greenback, compared with Thursday's close of 4.2135/2210. However, the ringgit was firmer against a basket of other major currencies. SPI Asset Management, managing partner Stephen Innes told Bernama that in the absence of fresh catalysts, investors turned to profit-taking, while the stronger greenback globally left the ringgit more exposed. Still, he noted that Japan's recent trade agreement with the US - which included a reduction in auto tariffs from 25 per cent to 15 per cent - could spark expectations of further bilateral deals, potentially involving Malaysia. "If that happens, it could boost demand for the ringgit,' he said. Bank Muamalat Malaysia Bhd, chief economist Dr Mohd Afzanizam Abdul Rashid echoed the view, noting that the ringgit had slipped 0.1 per cent to 4.2220 against the greenback as the US Dollar Index rose to 97.621 points, likely reflecting profit-taking after the ringgit's 0.5 per cent week-on-week gain. At the close here, the ringgit strengthened against most major currencies. It rose against the Japanese yen to 2.8529/8565 from 2.8751/8804 on Thursday, appreciated versus the British pound to 5.6786/6853 from 5.7080/7182, and edged higher against the euro to 4.9507/9566 from 4.9517/9605. Against regional peers, the ringgit was mostly higher, except for a flat performance against the Indonesian rupiah at 258.5/258.9, almost unchanged from 258.5/259.1 previously. It gained against the Singapore dollar at 3.2937/2978 from 3.2995/3057, rose versus the Thai baht to 13.0268/0478 from 13.0570/0863, and firmed against the Philippine peso to 7.38/7.40 from 7.43/7.45. - Bernama
New Straits Times
19 minutes ago
- New Straits Times
Ringgit ends lower versus greenback as traders await tariff clarity
KUALA LUMPUR: The ringgit ended lower against the US dollar on Friday, as some investors locked in profits following recent gains, amid lingering uncertainty over the timing of potential Malaysia-United States (US) tariff discussions. At 6pm, the local note eased to 4.2195/2245 against the greenback, compared with Thursday's close of 4.2135/2210. However, the ringgit was firmer against a basket of other major currencies. SPI Asset Management, managing partner Stephen Innes told Bernama that in the absence of fresh catalysts, investors turned to profit-taking, while the stronger greenback globally left the ringgit more exposed. Still, he noted that Japan's recent trade agreement with the US – which included a reduction in auto tariffs from 25 per cent to 15 per cent – could spark expectations of further bilateral deals, potentially involving Malaysia. "If that happens, it could boost demand for the ringgit," he said. Bank Muamalat Malaysia Bhd, chief economist Dr Mohd Afzanizam Abdul Rashid echoed the view, noting that the ringgit had slipped 0.1 per cent to 4.2220 against the greenback as the US Dollar Index rose to 97.621 points, likely reflecting profit-taking after the ringgit's 0.5 per cent week-on-week gain. At the close here, the ringgit strengthened against most major currencies. It rose against the Japanese yen to 2.8529/8565 from 2.8751/8804 on Thursday, appreciated versus the British pound to 5.6786/6853 from 5.7080/7182, and edged higher against the euro to 4.9507/9566 from 4.9517/9605. Against regional peers, the ringgit was mostly higher, except for a flat performance against the Indonesian rupiah at 258.5/258.9, almost unchanged from 258.5/259.1 previously. It gained against the Singapore dollar at 3.2937/2978 from 3.2995/3057, rose versus the Thai baht to 13.0268/0478 from 13.0570/0863, and firmed against the Philippine peso to 7.38/7.40 from 7.43/7.45.
Free Malaysia Today
25 minutes ago
- Free Malaysia Today
Cutting RON95 price by 6 sen was not easy, says Anwar
Prime Minister Anwar Ibrahim said those who are unhappy over the 6 sen reduction in RON95 petrol 'didn't hear the full explanation'. PETALING JAYA : It was not easy for the government to decide to slash the price of RON95 petrol, even if only by six sen, says Prime Minister Anwar Ibrahim. Anwar, who is also the finance minister, said consideration of the financial implications was why he needed time to deliberate before announcing the price reduction from RM2.05 to RM1.99 per litre on Wednesday. 'Countries like Thailand and Singapore may have adjusted their prices earlier, but ours is still lower, and this is for the benefit of Malaysians. '(You) want to be ungrateful or disagree, it's okay, but please know that this was not an easy decision. 'Some say it's just a six sen difference, but they have not heard the full explanation,' Bernama reported him as saying at the 2025 National Anti-Drugs Day celebration at Dataran Darulaman in Kedah today. Yesterday, opposition leader Hamzah Zainudin said the government's move to lower the price of RON95 petrol to RM1.99 per litre towards the end of the year is 'not thanks to Anwar Ibrahim per se'. Hamzah said the government can only afford to do this because oil prices are dropping globally, adding that many other countries in the region, including Thailand, have lowered their petrol prices over the past few weeks. Anwar also addressed criticism over the government's decision not to extend fuel subsidies to foreign nationals, reiterating that foreigners do not pay taxes. 'I'm puzzled when the opposition says we are burdening foreigners, claiming they too contribute to the country. I don't understand. In what part of the world are foreigners treated the same as citizens?' he said.
