Malaysia calls for intellectual property to be recognised as bankable asset

Source: The Star
Published on: 2026-10-22 09:49

JAKARTA: Malaysia has called for intellectual property to be recognised as a bankable asset, as well as clear frameworks to govern the responsible use of artificial intelligence (AI), as part of its proposals to strengthen the global creative economy. Communications Minister Datuk Seri Fahmi Fadzil outlined three proposals in his intervention at the Ministerial Meeting of the Fifth World Conference on Creative Economy (WCCE) in Indonesia on Thursday (Oct 22). "We recommend three things to this meeting: First, that intellectual property be recognised as a bankable asset. Second, that creative skills be developed alongside digital skills. Third, that clear frameworks govern the responsible use of AI in creative work, keeping the human creator at the centre," he said. Fahmi also identified three areas for closer international cooperation, beginning with co-productions that could help gro...

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