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KKMM agrees to improve FIMI incentives

16 Apr 2021 / 07:12 H. Pix for representational purpose only. KUALA LUMPUR: The Ministry of Communications and Multimedia (KKMM) has agreed to improve the implementation of the Film In Malaysia Incentive (FIMI), which came into effect on April 9, as proposed by the National Film Development Corporation Malaysia (Finas). Finas, in a statement, announced that the improvement covered the domestic sector, namely, changing the three Qualifying Malaysian Production Expenditure (QMPE) categories to just one, whereby a minimum expenditure of RM1 million is eligible for a 30 per cent cash rebate. “Secondly, the reduction of post-production QMPE from RM500,000 to RM250,000 for each project will be eligible for a 30 per cent cash rebate and an additional rebate (cultural test) for production of genres portraying nationalism and patriotism,” it said in a statement tonight.

KKMM agrees to improve FIMI incentives - Finas (Updated)

16 Apr 2021 / 07:12 H. Pix for representational purpose only. KUALA LUMPUR: The Ministry of Communications and Multimedia (KKMM) has agreed to improve the implementation of the Film In Malaysia Incentive (FIMI), which came into effect on April 9, as proposed by the National Film Development Corporation Malaysia (Finas). Finas, in a statement, announced that the improvement covered the domestic sector, namely, changing the three Qualifying Malaysian Production Expenditure (QMPE) categories to just one, whereby a minimum expenditure of RM1 million is eligible for a 30 per cent cash rebate. “Secondly, the reduction of post-production QMPE from RM500,000 to RM250,000 for each project will be eligible for a 30 per cent cash rebate and an additional rebate (cultural test) for production of genres portraying nationalism and patriotism,” it said in a statement tonight.

Rajah Brooke movie filmed in Sarawak retitled Edge Of The World

Rajah Brooke movie filmed in Sarawak retitled Edge Of The World
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#Showbiz: A most challenging 2020

#Showbiz: A most challenging 2020 Aref Omar © Provided by New Straits Times The Covid-19 pandemic has drastically affected the entertainment industry, with arts and concert venues as well as cinemas being mostly shuttered for almost the whole of this unprecedented year. WITHOUT a shadow of a doubt, the year that was the culmination of Vision 2020 had been an unprecedented one due to the unfortunate onset of the global Covid-19 pandemic. With the Movement Control Order enforced in mid-March, activities practically grounded to a halt for the most part and many sectors including the entertainment industry were drastically affected. Shows and concerts were quickly cancelled and arts venues such as Istana Budaya, Dewan Filharmonik Petronas and the Kuala Lumpur Performing Arts Centre were closed.

Disney s The Rise Of Skywalker , The Mandalorian receive Malaysia s VFX rebate | News

The Mandalorian Two Disney productions, Star Wars: The Rise Of Skywalker (Episode IX) and The Mandalorian, have been approved for the 30% incentive under Malaysia’s Film In Malaysia Incentive (FIMI) for VFX work. The work was completed by Base Digital Production, the Kuala Lumpur-based subsidiary of Base Media, which also has offices in Los Angeles and Beijing. Base also accessed the incentive for it work on Michael Bay’s Netflix action thriller Underground 6. FIMI, which is operated by the National Film Development Corporation Malaysia (FINAS), offers the 30% rebate on a total qualifying Malaysian production expenditure of $1.2m (MYR5m) for production (inclusive of post-production), or $360,000 (MYR1.5m) for post-production activity.

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