The 55th Asia Pacific Film Festival (APFF) was held from 13 to 16 December 2012 in Macau. The festival was not able to take place as scheduled in Shanghai in September 2012 due to controversies about the handling of Taiwan entries. Veteran Hong Kong filmmaker-actor Eric TSANG then made contact with the APFF organizer who originally planned to hold the event in Shanghai, and took over as Executive Chairman of the 55th APFF Organizing Committee.
This year's APFF included an awards ceremony with prizes in 14 categories. In the jury panel were renowned directors, film critics and producers from across Asia Pacific region, including Freddie WONG, Lorna TEE and veteran actress Carina LAU from Hong Kong, OH Jung-wan from Korea, veteran film critic Kong RITHDEE from Thailand, Indu SHRIKENT from India, SHEN Yang from China and Sozo TERUOKA from Japan.
At the awards ceremony held on 15 December, director Johnnie TO's Life without Principle was awarded Best Film. The film depicts the modern city life of Hong Kong people through their obsession with the financial market. LO Hoi-pang, who plays the role of loan shark Yuen so well in the film, was named Best Supporting Actor. KWONG Chi-leung and WONG Hoi received the Award for Best Film Editing with Cold War. Triathep WONGPAIBOON and Nopawat LIKITWONG won the Award for Best Sound Design with The Silent War. This year's Awards for Best Actor and Best Actress went to Eddie GARCIA from the Philippines and GWEI Lun-Mei from Taiwan with Bwakaw and Gf * Bf respectively. Makiko WATANABE from Japan was named Best Supporting Actress with Capturing Dad. Jake POLLACK bagged the Award for Best Cinematography with Taiwan-China co-production Starry Starry Night. The Award for Best Screenplay went to Ahmad Reza MOTAMEDI with Alzheimer, while the Award for Best Art Director went to Wasiq KHAN with Gangs of Wasseypur 1 & 2. Last but not least, the Award for Special Contribution was presented to HONG Shutang, who has been actively involved in organizing the APFF every year since 1982 and has contributed a lot to the event.
After the list of awardees were announced, Eric TSANG claimed that representatives from many participating countries had found the results fair and justified. He also gave his heartfelt applause to Eddie GARCIA, the newly named APFF Best Actor, for his exceptional performance in Bwakaw. Eddie, in the actual age of over 80, played the role of an over-70-year-old man who realized he himself was homosexual. He even had to interact with a puppy (Princess the dog, as Bwakaw in Bwakaw) which Eric considered no easy task. Eric also revealed the intention of the Macau government to continue to host the APFF next year. While the government is hoping to see Macau's productions getting into the event, Eric has not denied the possibility of him starting a film in Macau.