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It is a great time to be a part of the visual arts industry. Globally, the potential is staggering. In 2013, over US$1 billion of post-war and contemporary art were auctioned in New York, a record-breaking feat that generated headlines around the world. This auction serves as a prime example of how vast and lucrative the market is and should serve as an inspiration to those who have been looking to break into the industry.
The performing arts industry in Malaysia is a growing sector with enormous potential. Talents, venues as well as support from private and public sectors are increasing, resulting in the growing appeal of performing arts to the public at large.
The Malaysian music industry is not exempted from the rise of opportunities and trends in the international music scene. The International Federation of the Phonographic Industry observed that from just 2008 to 2012, there was a rapid growth of 17% in digital music revenues, stemming largely from sale of music through mobile devices.
The world of publishing is undeniably an exciting one to be in, as exciting and thrilling as turning the pages of a deeply engaging book. Publishing is propelling forward in Malaysia. Between 2009 to 2013, it was reported by the National Library of Malaysia that there was an average annual growth rate of 6.1% in terms of the number of book titles that were published locally.
The demand for content is surging, not just in Malaysia but globally, and MyCreative wants to tap into this demand to spur the country’s creative sector via strategic investments.
Recent years have seen a rise in the prominence of Asian designers worldwide. From names like Jason Wu and Alexander Wang to local design powerhouses like Dato’ Bernard Chandran and Datuk Zang Toi. There is no debate that the spotlight is falling on creative minds with Asian heritage and inspirations.
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The culture of Malaysia draws on the varied cultures of the different people of Malaysia. The first people to live in the area were indigenous tribes that still remain. They were followed by the Malays, who moved from mainland Asia in ancient times. Chinese and Indian cultural influences made their mark when trade began with those countries.
Malaysia, or the Golden Chersonese as we were referred to back then, was the world capital for spice trade. We had merchants from China, India, Middle Eastern nations and the Europeans.
The demand for creative and distinctive designed products is on the rise as the crave for urban lifestyle is sweeping around the globe.
Realisation of the future is a critical aspect of any developmental pursuit. What we are in the future will be a product of what we invest today, and today, we invest in our youth.