Southeast Asian Industry Veterans Launch $3M Film Investment Vehicle Triple Green CineCapital

Indonesia's cinema market is facing significant volatility in 2025, with fluctuating box office numbers despite notable successes, as discussed by industry leaders at the JAFF Market panel. Filmmaker Angga Dwimas Sasongko highlighted the challenges and opportunities for sustainable growth in the industry.

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.

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.

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.

France and Indonesia are enhancing their cultural partnership with the return of the France-Indonesia Film Lab for its second edition at the JAFF Market, highlighting the importance of cinema in their strategic relations. Ambassador Fabien Penone emphasized that culture is central to this partnership, showcasing a commitment to storytelling and collaboration.