The proposed federal budget for next year includes tax exemptions of up to RM1mil for arts sponsorships by the corporate sector.
“I think that sounds excellent. However, I feel that funding-wise, there could have been a lot more offered for the arts in this budget, ” said Actors Studio co-founder and Kuala Lumpur Performing Arts Centre artistic director Joe Hasham.“We do hope that this will encourage the corporate sector to increase their sponsorship of the performing arts. However, we hope that this will extend beyond just the sponsorship of events.
“We are very excited with the government’s commitment in the RM5mil allocation and we are determined to work together with local artists and cultural workers, public and private stakeholders and corporate partners, ” said Cendana founder and CEO Izan Satrina Mohd Sallehuddin. “Cendana aims to shape a vibrant, sustainable and ambitious cultural economy, and to help form the identity of Malaysia as an arts destination, ” added Izan.
“With this continued support we look forward to continuously working with the private sector, communities and other city stakeholders to catalyse and sustain the regeneration of our cities, ” said Hamdan.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: malaymail - 🏆 1. / 86 Read more »
Source: staronline - 🏆 4. / 75 Read more »