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Protect the creative industry

SECTOR: Social Services SONA YEAR: 2022 Protect the creative industry PROMISE STATUS - DATE: In progress as of 07/17/2023 The Philippine Creative Industries Development Act or RA 11904 lapsed into law three days after Marcos’ last SONA. Its implementing rules and regulations were signed in December 2022. Under the law, a Creative Industries Development Council

By vfadmin

Jul 2, 2024

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SECTOR: Social Services

SONA YEAR: 2022

Protect the creative industry

PROMISE STATUS - DATE: In progress as of 07/17/2023

  • The Philippine Creative Industries Development Act or RA 11904 lapsed into law three days after Marcos’ last SONA. Its implementing rules and regulations were signed in December 2022.
  • Under the law, a Creative Industries Development Council is tasked to create opportunities and employment for creative workers, ensure financial-enabling mechanisms, and incentivize excellence in the industry.
  • The Department of Trade and Industry allotted P20 million this year for a “creative venture fund” meant to jumpstart startups in the creative industry.
  • A memorandum of understanding with Indonesia was signed in September 2022 to exchange information on market research and policy trends in creative industries, and facilitate co-production, co-branding, and marketing of creative products and services.
  • Marcos appointed film and TV director Paul Soriano, creator of his campaign ads for the May 2022 elections, as presidential adviser on creative communications. The president said Soriano is tasked with promoting the local creative industry to the world.

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