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Ifvex

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2025-01-10 15:14:14 -

Game studios turn to Unreal Engine 5 as proprietary tools fall from favor
Even top-tier studios are embracing third-party engines like Unreal Engine 5 to address the evolving demands of modern game development. In recent years, the gaming industry has witnessed a significant shift: AAA game developers are increasingly partnering with third-party commercial engines. At the 2024 Game Awards (TGA), 2K Games and its developer Hangar 13 announced they would abandon...

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Ifvex

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2025-04-17 08:41:32 -

Malaysia announces incentive programs to boost digital creative industry
Malaysia is targeting stronger global stage presence with fresh funding and incentive programs for games, animation and metaverse. The Malaysia Digital Economy Corporation (MDEC) said in a statement on last Friday that with the country’s rapidly maturing digital creative industry — spanning animations, films and video games — emerging as a key driver of economic growth, the...

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Ifvex

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2025-05-25 09:17:42 -

MDEC inks MOU with CICC Capital to set up $100M China-Malaysia Gaming and Digital Content Fund
Malaysia Digital Economy Corporation (MDEC) and CICC Capital Management Co., LTD , a private equity investment arm of China International Capital Corporation Limited (CICC), have inked memorandum of understanding (MOU) to establish the China-Malaysia Gaming and Digital Content Fund, with an estimated target fund size of $100 million. Minister of Digital, Gobind Singh Deo, said in a statement...

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