Singapore, France major winners at Golden Horse
Ilo Ilo wins best film, Grandmaster most awards
So Young enters China's all-time top ten
Local films take 7 of 10 top spots
Cold War freezes out rivals at HK Awards
Police action drama dominates proceedings
Lost in translation
Selling and marketing Chinese-language films overseas is becoming trickier
Emperor makes leap into exhibition
Partnership with UA targets mainland China market
Bullet, War lead HK Awards nominations
Close race for top titles
Avengers tops 2012 Singapore BO chart
CZ12 becomes top Asian film of all time
Grandmaster has masterful BO debut
Lost in Thailand closes in on $200m
China BO exceeds RMB17 billion
Local production surges
China loses ground as BO surges
Local films' market share slips below 50%
Hollywood holds Hong Kong holidays
Three day box office up 4.63% on 2011 numbers
Chan's CZ12 reclaims BO
Chinese weekend very strong
Huayi thinks big
Seven forthcoming titles to be released in IMAX format
Asia to have subtle market influence
Economic trends flow in region's favour; yet to be reflected in market
Anticipated films lock China dates
Inseparable and Seediq Bale in May; Wong Kar-wai's Grandmaster in December
Huayi has high hopes for hefty slate
Production lineup includes prequels, 'greater China' talent
Cinemalaya cancels feature film competition
By Stephen Cremin
Wed, 18 February 2015, 17:30 PM (HKT)
The Cinemalaya Philippine Independent Film Festival has canceled plans for a feature film competition this year. Organisers blame the decision on the late approval of this year's budget, which was only confirmed in December.
Film Business Asia first reported the potential cancellation of this year's New Breed competition section in November after CCP vice president Chris MILLADO raised the possibility at a forum in Vietnam.
In place of its competition section, this summer's 11th edition — held 7-14 Aug 2015 — will host a retrospective of selected features from its first ten years. The competition will return in 2016 without the New Breed section.
For its 12th edition, Cinemalaya will increase its grants from ₱500,000 to ₱750,000 (US$17,000). The ten finalists — who will have twelve months to produce their films — will be announced at the closing ceremony of this year's festival.
The festival will remain at the Cultural Center of the Philippines | Sentrong pangkultura ng Pilipinas despite interest to relocate the event in Metro Manila's Quezon City by its mayor. Additional screenings will be hosted at regular partner malls in Makati City and Quezon City within Metro Manila.
Earlier this month, film director Laurice GUILLEN was appointed president of the Cinemalaya Foundation. She previously held the position of competition chairman.