The government will announce an economic stimulus package on Feb 27 in an effort to help businesses suffering from losses due to the Covid-19 coronavirus outbreak.
R. Para, the president of Arts, Live, International Festivals and Events Association (Alife) – a non-profit organisation representing companies managing, presenting and promoting live events in Malaysia – welcomes the move and hopes the live events industry will not be left out in the economic stimulus package.
“Alife urges the government to assist promoters, suppliers, venues, artists and others who are directly involved in the live and business events industry, ” Para says in a press statement.
Concert organisers have decided to postpone a number of music events taking place this month and in March to prevent the spread of Covid-19.
To help the live events sector recover when the outbreak subsides, Para suggests four measures the government can take:
“Waiver of 6% service tax for venues, sound and lights suppliers, hotels and so forth; Waiver of government stamp duty on performers’ contract and sponsorship contract on events; Waiver of government levy on artiste and crew’s visa fees; Reduction on DBKL deposit for international events which is currently at RM30,000.”
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