Budget 2027: Entertainment duty exemption for local film, theatre tickets in Federal Territories, creative sector gets RM130m
KUALA LUMPUR, Oct 9 — Tickets for local films and theatre performances in the Federal Territories will be fully ex...
On October 9, Prime Minister Datuk Seri Anwar Ibrahim announced Budget 2027's initiative that will exempt local film and theatre tickets in the Federal Territories from entertainment duty, starting in 2027. This move is part of the government's strategy to bolster the local creative industry. The prime minister outlined that over RM130 million will be allocated to the film, music, and creative content sectors, with the aim of enhancing Malaysia's image, generating employment opportunities, and showcasing local stories on the global platform.
The announcement encompasses incentives for both local and international film and animation productions filming in Malaysia. Additional incentives are earmarked for productions that highlight Malaysian culture and national identity. Furthermore, the government pledges to fortify the local animation ecosystem by developing 20 new intellectual properties (IPs) and commercializing Malaysian characters internationally.
Additionally, the government has urged state administrations to follow suit by implementing similar entertainment duty exemptions to bolster local creative practitioners.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
