Latest news with #RiuhXAsean


The Star
2 days ago
- Business
- The Star
Animation industry shows potential, funding likely
KUALA LUMPUR: Malaysia's animation industry could soon get a boost, with the government set to unveil fresh initiatives in Parliament next week. Communications Minister Datuk Fahmi Fadzil ( pic ) said the initiatives, involving the National Film Development Corporation Malaysia (Finas) and MyCreative Ventures (MyCV), will be revealed during his winding-up speech in the Dewan Rakyat. 'My instructions to MyCV and Finas are that, aside from preparing funds, we must also look into several aspects of production such as funding from the corporate banking sector,' said Fahmi at a press conference after announcing the Riuh X Asean event yesterday. According to Fahmi, the corporate banking sector sees the creative industry, especially animation, as a profitable venture. 'We want synergy between the corporate sector and the creative industry. God willing, MyCV and Finas will help facilitate this,' he said. Fahmi added that Finas is also working to strengthen intellectual property (IP) rights in Malaysia's film industry to help local productions penetrate Asean markets. 'Among the efforts is establishing a network to elevate local IPs to the Asean level,' he said. On the Riuh X Asean 2025 event, Fahmi said it will be held from Oct 17 to 26, with the venue to be announced later. The event is expected to draw 20,000 to 30,000 visitors and will showcase arts, music, creativity and entrepreneurship in line with the Asean 2025 theme of unity, inclusivity and sustainability. Highlights include the Riuh X Asean Marketplace, from Oct 22 to 26, and featuring over 40 stage performances, 30 interactive workshops and 100 food vendors from Malaysia, Thailand, Indonesia and the Philippines. Another event is FrequenSEA, the first Asean music conference, set for Oct 21 and 22 in Kuala Lumpur. Admission is free, with more than 200 musicians, publishers and industry leaders expected to attend.

The Star
3 days ago
- Business
- The Star
Fahmi hints at new initiatives for animation sector
KUALA LUMPUR: Datuk Fahmi Fadzil has hinted that new initiatives will be announced for the animation sector. The Communications Minister said the new initiatives would involve the National Film Development Corporation Malaysia (Finas) and MyCreative Ventures (MyCV). "Next week, I will give a wrapping-up speech in Parliament and there may be a few questions which I will answer officially at the Dewan Rakyat. "My instructions to MyCV and Finas is that aside from preparing funds, we have to look into several aspects of production such as funding from the corporate banking sector," he said at a press conference after announcing the Riuh X Asean event on Thursday (Aug 14). Fahmi said the corporate banking sector is of the view that the creative industry, particularly the animation sector, is profitable. "We want a synergy between the corporate sector and the creative industry. God-willing, MyCV and Finas will facilitate this," he said. At the same time, Fahmi said Finas is currently working hard to strengthen Malaysia's film industry's intellectual property (IP) rights. "Among Finas' efforts are setting up a network which will facilitate locally produced IPs to be brought to the Asean level," he added. Meanwhile, Fahmi said the Riuh X Asean 2025 event would take place from Oct 17 to 26 at a venue to be announced later. Fahmi is expecting 20,000 to 30,000 to attend the event, which is the first of its kind. "This will gather all elements of art, creativity, music and entrepreneurship from Malaysia and Asean, which is true to the theme of Asean 2025 that emphasises unity, inclusivity and sustainability," he said. Among the fringe events taking place over the 10 days is the Riuh X Asean Marketplace. Fahmi said there will be, among others, over 40 stage performances, 30 interactive workshops, 100 food vendors from Malaysia, Thailand, Indonesia and the Philippines. Other events include FrequenSEA, said Fahmi, which is the first Asean music conference that will be held on Oct 21 and 22. Fahmi said admission to the music conference is free and he is targeting over 200 participants including musicians, publishers, and industry leaders to discuss the future of the music industry in South-East Asia. More information about Riuh X Asean can be obtained at and its official channels on Facebook and Instagram.