The Luna Awards are awards given annually by the Film Academy of the Philippines (FAP) to recognize the outstanding achievements of the Filipino film industry.[1] The first awards were presented in 1983 in Pasay. It is considered to be the Philippine counterpart of the Oscars. It used to be known as the FAP Awards until in 2005 when it got its current name. Since 2007, the Academy started holding simple awards ceremonies due to lack of government funding and reduction of its share from MMFF earnings. This also caused some delays for ceremony scheduling.
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