Indonesia’s Box Office Navigates Volatility as Industry Seeks Sustainable Growth – JAFF Market

Indonesia’s Mandela Pictures and Desert Bloom Pictures from Korea have announced a partnership to develop four films, revealed at the JAFF Market in Yogyakarta. This collaboration aims to connect the Indonesian, Korean, and Hollywood film markets, leveraging Desert Bloom's success in Korean cinema alongside Mandela's regional expertise.

The Jogja-Netpac Asian Film Festival (JAFF) is collaborating with the Asian Film Awards Academy for the second year to present a showcase of Hong Kong cinema in Yogyakarta, Indonesia, from November 30 to December 4. This year's program, titled 'Together We Dare to Direct,' will feature a masterclass with renowned director Ann Hui and highlight works from various generations of filmmakers.

Indonesian filmmaker Angga Dwimas Sasongko unveiled the cast of his new action-fantasy feature 'Queen of Malacca' at the JAFF Market 2025, providing insights into the project's creative journey and world-building. This marks the first major public reveal since its initial announcement at the Cannes Film Market.

Southeast Asian film industry veterans Leonard Lai from Singapore and Hang Trinh from Vietnam have launched a $3 million investment venture named Triple Green CineCapital (TGC) at the JAFF Market, coinciding with the Jogja-NETPAC Asian Film Festival. The initiative aims to finance and produce commercially-driven films tailored for the rapidly expanding Southeast Asian market.

Triple Green CineCapital has launched a new film investment venture at the JAFF Market in Yogyakarta, Indonesia, aiming to raise $3 million by 2029 to finance commercial features for Southeast Asian audiences. The venture is spearheaded by producer Leonard Lai from Singapore and Vietnam's Hang Trinh.

Jakarta Vice Governor Rano Karno outlined a vision to transform Jakarta into a global filmmaking hub during a panel at the JAFF Market in Yogyakarta, emphasizing the need for a coordinated effort to make the city more film-friendly ahead of its 500th anniversary in 2027.

The second edition of the JAFF Market commenced in Yogyakarta, featuring a traditional Hanoman dance performance, as market director Linda Gozali highlighted a pivotal year for the platform's growth. This event aims to enhance Indonesia's film ecosystem and increase international visibility for local filmmakers.

Indonesian production company MD Pictures has announced a significant slate for 2026 at the JAFF Market, featuring a remake of Majid Majidi's acclaimed film 'Children of Heaven' directed by Hanung Bramantyo, alongside the final installment of the 'Danur' horror franchise.