REBATE DEBATE

The National Film Development Corporation Malaysia (FINAS) recently introduced the ‘Film in Malaysia’ incentive, which provides a 30% cash rebate on audited in-country spend for both local and foreign productions. Asia Image spoke to independents in Malaysian cinema for their take on the generous scheme.


country focus malaysia

“Don’t look a gift horse in the mouth,” as the proverb goes. But can something be too much of a good thing?

Malaysia produced an unprecedented 49 feature films last year. The National Film Development Corporation Malaysia (FINAS) reports total box-office receipts grew from RM380.72 million (US$123 million) in 2008 to RM601.90 million (US$194 million) in 2011. Local feature films took in RM126 million (US$40 million), or 21% of overall box office figures. This year, the country expects 100 local productions to be shown in the country’s 108 cinemas and 651 screens.



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