The cultural and creative sector accounts for 3.1 percent of global gross domestic product (GDP) as of 2022, according to a recent report by UNESCO. This rapidly growing sector generates nearly 30 million jobs worldwide and accounts for 6.2 percent of all employment.
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IN 2012, a Government investment arm dubbed “MyCreative Ventures Sdn Bhd” was launched to spur the country’s creative industry.
This is primarily done via strategic and innovative funding through debt or equity investments in Malaysian creative companies.
MyCreative was incorporated on April 20, 2012 under the Malaysian Companies Act 1965 by the Minister of Finance (Incorporated) [‘MOF(Inc)’] and now reports to the Multimedia and Communications Ministry.
MyCreative Group Chief Executive Officer Junady Nawawi
MyCreative Non-executive Chairman Noor Azmi Mat Said
Last year, MyCreative appointed Junady Nawawi as its Group Chief Executive Officer (GCEO) who bears the responsibility of navigating the corridors of multiple stakeholders to make the Orange Economy matter for creatives.
Noor Azmi Mat Said was also appointed as MyCreative’s Non-Executive Chairman last year.
From the allocat
IN a bid to elevate the Orange Economy post Covid-19, the Riuh Keluarga Malaysia nationwide tour was introduced as a two-pronged approach to help the arts and creative industry practitioners as well as those affected by the pandemic to generate income.
Spearheaded by Communications and Multimedia Malaysia (K-KOMM) Minister Tan Sri Annuar Musa, it is also part of the Ministry’s initiatives to revitalise the country’s creative arts scene due to adverse impacts brought on by the Covid-19 pandemic