Finas: 23 production companies given Digital Content Fund allocation, says chairman | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

Finas: 23 production companies given Digital Content Fund allocation, says chairman

Tuesday, 14 Jul 2020 08:19 PM MYT

Finas chairman Zakaria Abdul Hamid speaks at a press conference after giving out the DKD offer letters in Kuala Lumpur July 14, 2020. — Bernama pic KUALA LUMPUR, July 14 — The National Film Development Corporation Malaysia has offered 23 production companies an allocation of the RM7.8 million Digital Content Fund aimed at stimulating the creative industry and economy.“We are confident the fund will generate business opportunities and income for those working behind the scenes, particularly, who have been impacted badly by Covid-19.

“We hope all the recipients can start shooting immediately,” said Finas chairman, Zakaria Abdul Hamid, during a press conference after a ceremony to give out the DKD offer letters today. Finas chief executive officer, Ahmad Idham Ahmad Nadzri, said the allocation for drama and documentary production is the first phase and will be followed by fund distribution for film production soon.“The main agenda is to create jobs, so we needed to provide a product package that could get off the ground immediately,” said Ahmad Idham, while adding that there will be monitoring to ensure funds are not misused and the plans to help those in the arts fields are not scuppered.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines