Kuala lumpur: The strengthening of the legal framework through amendments to the Malaysian National Film Development Corporation (FINAS) Act 1981 (Act 244) is expected to enhance governance and regulatory aspects of the film industry, according to the Malaysian Film Producers Association (PFM).
According to BERNAMA News Agency, PFM Chief Executive Officer and Honorary Secretary Zahrin Aris stated that the amendments would better protect the rights and welfare of creative practitioners while reinforcing FINAS's role as a key driver in the development of the local content industry. He highlighted that the changes are also anticipated to create a more structured, transparent, and professional industry environment.
Zahrin emphasized that PFM considers this amendment a catalyst for the growth of the creative economy, particularly in stimulating local and foreign investment, expanding job opportunities, and strengthening the global competitiveness of Malaysian films and creative content. He extended his congratulations to Communications Minister Datuk Fahmi Fadzil and FINAS on the passing of the Bill by the Dewan Negara, describing it as a significant milestone in the history of Malaysia's film industry.
He further noted that the amendments align with the evolving needs of an industry that is becoming increasingly dynamic, complex, and competitive at both regional and international levels. Zahrin remarked that this development reflects the MADANI government's commitment to ensuring that the Malaysian film industry remains relevant, resilient, and adaptable to technological advances and emerging business models.
Zahrin also stated that PFM remains fully committed to working closely with the Ministry of Communications, FINAS, and all industry stakeholders to ensure the effective and comprehensive implementation of the amendments. He expressed confidence that strong collaboration between the government and industry players would provide a solid foundation for building a more sustainable, progressive, and internationally competitive Malaysian film ecosystem.