Latest news with #CEMI
The Sun
4 days ago
- Business
- The Sun
Concert organisers encouraged to apply for CEMI
KULAI: The Communications Ministry encourages concert and large-scale, high-impact event organisers to register with the new Concert and Event in Malaysia Incentives (CEMI) initiative to enjoy financial rebates. Its deputy minister, Teo Nie Ching said this initiative not only applies to the organisation of international concerts and events but also involves local artists in large-scale programmes within the country. According to her, RM10 million is allocated annually and applications have been open from May 15 and ends July 10. 'This programme is managed by MyCreative Ventures (MyCV), with the support of the Communications Ministry, focusing on organising concerts and high-impact events, particularly involving capacities exceeding 15,000 spectators with the participation of local and international artists. This is a new initiative introduced by the government to further invigorate the local arts industry,' she said at a press conference after officiating the Kulai parliamentary level SPM 2024 Excellent Student Contribution Programme at the Kulai Parliamentary District Education Office (PPD) here today. She said that there are several main conditions that organisers must comply with to qualify for the incentive, including having experience in organising large-scale events, with a capacity of 15,000 people within three years from the date of application. 'For financing of international artists, organisers need a minimum of 20 per cent of the total Qualifying Malaysian Concert and Event Spend (QMCES) with at least 30 per cent involvement of Malaysians to qualify for 30 per cent of the actual QMCES expenditure or a maximum of RM1.5 million (whichever is lower). The rebate will be fully disbursed after the project is completed and the final report is approved. 'For financing of local artists, on the other hand, the rebate distribution is the same, but the organisers must spend 70 per cent of the total QMCES in Malaysia to qualify for 30 per cent of the actual QMCES expenditure or a maximum of RM1 million (whichever is lower),' she said. In other developments, Teo, who is also the Kulai Member of Parliament, said a total of 107, 687 fraudulent contents or scams were removed by platform providers at the request of the Malaysian Communications and Multimedia Commission (MCMC) from January to April 15. She said that among the most frequently removed content were online gambling and scams. 'As of April 15, the takedowns carried out by the platform provider at the request of MCMC amounted to 107,687, with the majority being 57,669 related to gambling and 30,427 related to scams,' she also said. Therefore, she added, the public is advised to be more cautious and not easily be deceived by content or advertisements that promise high returns in a short period to avoid becoming victims of fraud.
Barnama
4 days ago
- Business
- Barnama
Concert Organisers Encouraged To Apply For CEMI
KULAI, May 31 (Bernama) -- The Communications Ministry encourages concert and large-scale, high-impact event organisers to register with the new Concert and Event in Malaysia Incentives (CEMI) initiative to enjoy financial rebates. Its deputy minister, Teo Nie Ching said this initiative not only applies to the organisation of international concerts and events but also involves local artists in large-scale programmes within the country. According to her, RM10 million is allocated annually and applications have been open from May 15 and ends July 10. "This programme is managed by MyCreative Ventures (MyCV), with the support of the Communications Ministry, focusing on organising concerts and high-impact events, particularly involving capacities exceeding 15,000 spectators with the participation of local and international artists. This is a new initiative introduced by the government to further invigorate the local arts industry," she said at a press conference after officiating the Kulai parliamentary level SPM 2024 Excellent Student Contribution Programme at the Kulai Parliamentary District Education Office (PPD) here today. She said that there are several main conditions that organisers must comply with to qualify for the incentive, including having experience in organising large-scale events, with a capacity of 15,000 people within three years from the date of application. "For financing of international artists, organisers need a minimum of 20 per cent of the total Qualifying Malaysian Concert and Event Spend (QMCES) with at least 30 per cent involvement of Malaysians to qualify for 30 per cent of the actual QMCES expenditure or a maximum of RM1.5 million (whichever is lower). The rebate will be fully disbursed after the project is completed and the final report is approved. "For financing of local artists, on the other hand, the rebate distribution is the same, but the organisers must spend 70 per cent of the total QMCES in Malaysia to qualify for 30 per cent of the actual QMCES expenditure or a maximum of RM1 million (whichever is lower)," she said. In other developments, Teo, who is also the Kulai Member of Parliament, said a total of 107, 687 fraudulent contents or scams were removed by platform providers at the request of the Malaysian Communications and Multimedia Commission (MCMC) from January to April 15. She said that among the most frequently removed content were online gambling and scams.
The Star
4 days ago
- Business
- The Star
More than 100,000 social media posts removed by MCMC, majority linked to gambling, scams, says Teo
KULAI: The Malaysian Communications and Multimedia Commission (MCMC) has taken down more than 100,000 social media posts that have been deemed harmful, says Teo Nie Ching. The Deputy Communications Minister said a total of 107,687 pieces of content have been removed by platform providers on the request of MCMC as of April 14 this year. 'From the amount, 57,669 were related to gambling while 30,427 were linked to scams. 'I take this opportunity to remind social media users not to fall for content that promotes 'too good to be true' or 'get rich quick' schemes,' she said after presenting incentives to Sijil Pelajaran Malaysia high achievers here on Saturday (May 31). Separately, Teo also urged concert organisers to apply for a new initiative by her ministry called the Concert and Event in Malaysia (CEMI), which has an annual allocation of RM10mil. She said concerts with international artists could enjoy a 30% rebate on its actual Qualifying Malaysian Concert and Event Spend (QMCES) expenditure or a maximum of RM1.5mil. 'To qualify for this, the organiser must meet conditions such as having a minimum capacity of 15,000 attendees and hire 30% Malaysian manpower for the event. 'For events with local artists, organisers could enjoy 30% rebate of its actual QMCES or RM1mil if they meet the conditions for the incentive,' she said, adding that the conditions and application could be done online. Teo added that CEMI, managed by MyCreative Ventures with the support of the ministry, was to support the organisation of large-scale concerts and events in Malaysia. She said the incentive is open for application starting May 15 until July 10 for events taking place this year or next year.
The Star
14-05-2025
- Business
- The Star
New event space sets stage for creative success
PETALING JAYA: Malaysia's creative industry received a fresh boost with the launch of Idea Live Arena, which is expected to serve as a catalyst for regional entertainment, said National Film Development Corporation Malaysia (Finas) chief executive officer Datuk Azmir Saifuddin Mutalib ( pic ). He said the Idea Live Arena, located at the 3 Damansara shopping mall here and with a capacity to accommodate up to 7,000 guests, would not only enhance Malaysia's ability to host large-scale events but also align with the nation's aspirations to position itself as a regional hub for the entertainment and creative industries. 'This venue is fully equipped with the latest facilities and has the potential to become a stage for international-scale concerts and exhibitions,' he said, reported Bernama. The venue was developed by Superstar Arena Holdings Sdn Bhd with an investment of RM40mil, involving structural upgrades, renovations, and the installation of world-class audio, lighting, and visual systems. Azmir said the launch of the venue coincides with the implementation of the new Concert and Event in Malaysia Incentives (CEMI) programme by the Communications Ministry, aimed at attracting more international events to Malaysia while supporting the organisation of local events. 'With the CEMI incentive, we hope that more organisers will bring international concerts and entertainment events to Malaysia, thereby boosting the economy through the tourism, hospitality, and entertainment sectors,' he said. Azmir added that the Idea Live Arena is already almost fully booked until the end of this year, reflecting strong demand for physical concerts and live events.
The Sun
14-05-2025
- Business
- The Sun
Applications for CEMI to open from May 15 to July 10
PUTRAJAYA: Applications for the Concert and Event in Malaysia Incentive (CEMI), administered by MyCreative Ventures, will officially open tomorrow and run until July 10, Communications Minister Datuk Fahmi Fadzil announced today. Speaking at his weekly press conference, Fahmi said the incentive is designed to accelerate the growth and development of Malaysia's creative industry while positioning the country as a destination for high-quality, international-standard events. 'This initiative has the potential to generate job opportunities, increase tourist arrivals, and bring about a significant economic impact for the nation,' he said. Fahmi said CEMI provides financial incentives to eligible event organisers who meet a set of predefined criteria. 'The criteria include the scale of the event, expected economic and tourism impact, local content involvement, and compliance with programme guidelines,' he said. More information, including detailed application guidelines and eligibility requirements, will be available on the official CEMI webpage at accessible from midnight tonight.
