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Busan International Film Festival: Bollywood stars gather for launch of Asia’s largest film festival in S Korea

05:27 PM | 1 Oct, 2015
Busan International Film Festival: Bollywood stars gather for launch of Asia’s largest film festival in S Korea
BUSAN, SOUTH KOREA (APP) - Stars from Asia and beyond gathered in South Korea´s second largest city for a Bollywood-flavoured launch of the 20th Busan International Film Festival.

The event styles itself as the most influential of its kind in a region enjoying stellar growth in box-office receipts and increasing clout in the global movie market.

BIFF´s founding mission was to celebrate the global reach of cinema and champion the cause of the industry in Asia, and Thursday´s opening ceremony at the sprawling Busan Cinema Centre was aimed at reflecting its success in reaching those goals.

The main feature is the world premiere of debut Indian director Mozez Singh´s "Zubaan" -- a coming-of-age drama about a young Sikh musician and the first time a Bollywood offering has opened BIFF.

Hosting duties for the opening ceremony will be shared between South Korean actor Song Kang-Ho and Afghan actress Marina Golbahari.

Joining them on the red carpet will be a pack of Asian cinema heavyweights, including Chinese actress Tang Wei, Masami Nagasawa from Japan, and Taiwan´s Chang Chen.

Among the international guests attending the October 1-10 event are Hollywood veteran Harvey Keitel, British actress Tilda Swinton and France´s Sophie Marceau.

BIFF has been credited with nurturing the careers of numerous Asian filmmakers and some of them will be on hand for the 20th anniversary event, including Chinese directors Jia Zhangke and Feng Xiaogang, and Taiwanese auteur Tsai Ming-Liang.

We hope BIFF will continue to grow as Asia´s most celebrated and historic film festival for the 20 years to come," festival co-director Kang Soo-Yeon told AFP.

With the remnants of Typhoon Dujuan hovering overhead, workers toiled overnight to prepare both the Busan Cinema Centre and the city´s Haeundae beach, where many of the festival´s events are held.

These include "Open Talks" with the stars and, for the first time this year, a "Casting Board" event aimed at introducing up-and-coming Asian acting talent to international filmmakers.

Singh said he felt "extremely humbled" that his film was given the opportunity to open the festival on its 20th birthday.

"This is a super platform for any filmmaker and I wish all of us luck and the opening of many exciting new cinematic doors," he said.

This year´s BIFF will screen 304 movies from 75 countries, including 94 world premieres, a number of them produced by the rising stars of Asian cinema.

Films already being heralded as Oscar contenders are also spread around the festival´s various programmes, including Hou Hsiao-Hsien´s sumptuous martial arts epic "The Assassin".

While BIFF has struggled with funding issues over the past year, Asia´s film industry as a whole is booming.

The combined box office receipts of Asia´s biggest movie markets -- China, Japan, India, South Korea, Taiwan and Indonesia -- out-earned North America for the first time last year by $10.5 billion to $10.4 billion, according to the Motion Picture Association of America.


Much of that was down to China, where box-office takings surged 38 percent from 2013 to $4.8 billion.

Growth in the first eight months of this year is estimated to have been even higher at 49 percent, and the Chinese market alone is expected to out-earn North America by 2018.

Daily Pakistan Global Web Desk

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PKR rate against US Dollar, Euro, Pound, Riyal - Check 16 April forex rates

Pakistani currency gains momentum against all currencies on April 16, 2024 Tuesday. US dollar was being quoted at 277.9 for buying and 280.85 for selling.

Euro was quoted at 295 for buying and 298 for selling while British Pound stands at 345 for buying, and 349 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 15 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.9 280.85
Euro EUR 295 298
UK Pound Sterling GBP 345 349
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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