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Thailand’s Chinese New Year 2020 Celebrations

Bangkok, 17 January, 2020 – The Tourism Authority of Thailand (TAT) has lined up several celebrations to mark the Chinese New Year 2020 from 24-30 January at various major destinations across Thailand with some locations starting on earlier dates and some finishing on later dates.

With some 14% of the Thai people having some Chinese ancestry, Chinese New Year is a big event in the kingdom and people celebrate with friends and family all over the country. This year will be the Year of the Rat and as usual, areas with a big Chinese population         will be hosting a range of special events, parades and dragon dances. 

The biggest celebrations are normally found in Bangkok, Chiang Mai, Nakhon Sawan, Phuket, Trang and Udon Thani. But the most popular party for Chinese New Year takes place in Bangkok’s Chinatown when the main street of Yaowarat turns red from end to end with banners and lanterns. There are dragon parades and acrobatic performances to enjoy as well as stalls selling tasty Chinese treats.

If you are in Bangkok for the New Year, it is traditional to make merit by visiting Wat Mangkon Kamalawat on Charoen Krung Road and pay respect to the images of the Chinese Gods. Many people have their fortune told using kau cim or chien tung sticks, which are shaken from a bamboo case and the first stick to fall out relates to a certain fortune. You can find out if the Year of the Rat will be a lucky one for you. 

Thailand’s Chinese New Year 2020 will be held in various major cities with spectacular highlights, including:

BANGKOK

Chinese New Year Celebration 2020 at Siam Square

24-26 January – activities include Chinese New Year blessings by Thailand’s Minister of Tourism and Sports and China’s Minister of Culture and Tourism on 24 January, 2020, 17.00 Hrs.: Cultural performances from China (disabled dance troupe from Beijing, dance and musical troupe from Jiangxi, acrobatic troupe from Shanxi, Kung Fu troupe from Henan, dance troupe from Jilin, and dance troupe from Inner Mongolia); venue decorations in Chinese style with an auspicious tunnel and the chance to pay homage to Chinese gods; cooking demonstrations of auspicious food and desserts; Chinese cultural demonstrations including Chinese calligraphy and Xiangqi (Chinese chess), and performances by Thai pop stars.

Chinese New Year Celebration 2020 on Yaowarat Road
Thailand’s Chinese New Year 2020 Celebrations

25-26 January – The opening ceremony on 25 January will be presided over by Her Royal Highness Princess Maha Chakri Sirindhorn together with senior officials from Thailand’s Minister of Tourism and Sports, TAT, and China’s Minister of Culture and Tourism. 

The two-day event will feature Thai-Chinese cultural exchange performances including a disabled dance troupe from Beijing and dance and musical troupe from Jiangxi on 25 January, and dance troupe from Jilin on 26 January. TAT will have a booth to hand out its 60th anniversary commemorative coin – the head of the coin is the image of the Golden Buddha of Wat Traimit Withayaram Worawihan. The tail image marks the ‘Year of the Rat zodiac sign for 2020 painted by Mr. Han Meilin, China’s national artist, plus Chinese language inscription wishing all for a happy, prosperous, and safe year.

Thailand’s Chinese New Year 2020 Celebrations

Other notable events include an art exhibition of zodiac signs by China’s national artist Mr. Han Meilin, from 21 to 27 January, 2020, at the Fashion Hall, Siam Paragon, and from 20 January to 9 February, 2020, at the China Cultural Centre in Bangkok.

On 22 January, there’s a special performance by a disabled dance troupe from Beijing, a CSR activity to inspire people with disabilities in Thailand, at the China Cultural Centre in Bangkok. 

SUPHAN BURI

Suphan Buri Chinese New Year 2020 at the Dragon Descendants Museum
  • Thailand’s Chinese New Year 2020 Celebrations
  • Thailand’s Chinese New Year 2020 Celebrations
 

25-27 January – at the Dragon Descendants Museum with activities include paying respect to the images of the Chinese Gods at night and enjoying cultural performances on ‘dragon descendants’ plus shows by local youth groups and Thai pop stars, and a Chinese food fair.

RATCHABURI

Ratchaburi Chinatown 2020 on Amarin and Woradech RoadsAmphoe Mueang, Ratchaburi.

24-27 January – activities include a beauty pageant and talent contests, cultural performances by students, light-and-sound presentation, fireworks display, cooking show of longevity noodles – one of the seven lucky foods to eat during CNY, and a Chinese New Year parade.

NAKHON SAWAN

Chao Pho-Chao Mae Pak  Nam Pho Traditional Parade (Nakhon Sawan Chinese New Year)
on Rim Khuean Road, Amphoe Mueang, Nakhon Sawan
Thailand’s Chinese New Year 2020 Celebrations

18-29 January – 12 days and 12 nights of activities including performances by Thai singers and bands, lucky draws and games, several activities to ward off bad luck according to Chinese belief, and the spectacular procession Chao Pho-Chao Mae Pak Nam Pho and Chao Mae Kuan-im (Guanyin), acrobatic performances, dragon parades, lion dances and Chinese Gods parades.

CHIANG MAI

Chiang Mai Chinatown Chinese New Year on Chiang Moi Road, Witchayanont Road and Lao Jow Alley

24-26 January – cultural performances from China by a dance troupe from Inner Mongolia, beauty pageant and talent contests, lion dances, fire dragon shows and a Chinese food fair.

SONGKHLA 

Hat Yai Chinese New Year at the Srinakorn Foundation School

25-29 January – activities include paying respect to the images of the Chinese Gods, concerts by famous Thai artists, Miss Chinese Hat Yai 2020 and Chinese Kids 2020 contests, open-air cinema, and lucky draws.

Mittraphap Samakee Foundation’s Chinese New Year at the Mittraphap Samakee Foundation, Hat Yai

25 January-3 February – cultural shows including Chinese opera, Thai folk theatre or likay, Manorah dance, and other stage performances by Thai singers and bands, a Chinese New Year parade, a ceremony to ward off bad luck, and a Chinese food fair.

PHUKET

Phuket Retro Chinese New Year at the Phuket Old Town area

30 January-1 February – celebrating Phuket in the years past showcasing Phuket’s charming Sino-Portuguese architecture in the Old Town, cultural performances from China (dance from Jiangxi, acrobatic from Xian, and Kung Fu from Henon), spectacular Chinese New Year parade, colourful lighting and lantern decorations, cooking shows of Phuket’s delicacies, and a food fair.

UDON THANI

Udon Thani Chinese New Year on Prajak Silapakom Road

24-26 January – pay respect to the images of Chinese Gods and the principal image of Guanyin – at over eight metres in height, join ceremonies to ward off bad luck, lion dances, beauty pageant and talented kids contests, and a food street fair.

NAKHON RATCHASIMA

Nakhon Ratchasima Chinese New Year in the area of the Thao Suranari Monument

25-26 January – activities include a walking street, lion and dragon parades, pay respect to the guardian spirits of the city at nine famous shrines, and a Chinese food fair.

PHETCHABURI

Phetchaburi Chinese New Year on Surin Ruechai road, Amphoe Mueang, Phetchaburi

24-25 January – cooking show of longevity noodles – one of the seven lucky foods to eat during CNY, pay respect to the images of Chinese Gods, Chinese cultural performances and arts, as well as lion and dragon dances.

CHON BURI

Pattaya Chinese New Year in the area of Pattaya Klang Beach and Pattaya Walking Street

25 January – activities include Thai-Chinese cultural performances, lion and dragon dances, an exhibition on Chinese New Year and concerts by famous Thai singers and bands.

Chinese New Year at Chak Ngaeo CommunityBang Lamung District, Chon Buri

25 January – activities include cultural learning on Chinese opera mask painting at an old opium den and an old Chinese opera theatre, Chinese dance lesson at a local school, lion dances, Chinese calligraphy, and pay respective to the image of the revered Chao Mae Thapthim (the Chinese sea goddess Mazu).

Ko Si Chang Chinese New Year, Amphoe Ko Si Chang

25 January-31 March – pay respect to the image of Ko Si Chang’s revered Chao Pho Khao Yai and the image of Chinese Gods and join ceremonies to ward off bad luck.

Dharma Rasami Maneerat Foundation’s Chinese New Year, Ang Sila, Chon Buri District

25-27 January – a ceremony to pay respect to the principal God of the Dharma at the Rasami Maneerat Foundation and related rituals for good luck.

TRANG

Trang Chinese New Year in front of Trang City Municipal Office near the Trang Clock Tower

24-25 January – activities include light-and-sound shows, local cultural performances, an exhibition on Trang and variety of Chinese food, beauty pageant, talented kids contests, and a local fair.

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Bank cuts Thai 2020 GDP growth outlook to 2.7%

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SCB’s Economic Intelligence Center (EIC) has released its latest forecast, indicating that the Thai economy at the end of 2020 will have grown by 2.7 percent, showing a s recovery from just 2.5 percent economic growth in 2019, thanks to a better performing export sector and improved global economy.

Earlier this week the World Bank also downgraded Thailand’s economic growth outlook for this year to 2.7% .

The EIC expects the Bank of Thailand to maintain the policy rate at 1.25 percent per annum. The center is keeping a close eye on uncertainties between the U.S. and China; the U.S. and EU; the U.S.-Iran conflict; Brexit, and the financial fragility in households and businesses.

The forecast indicates that the Thai economy will still face challenges from the strong Thai baht currently between 29.5 and 30.5 baht per U.S. dollar; the slowdown in consumption and private investment; employment issues; household debt, and the drought disaster.

In 2019, declining exports and growing weaknesses in domestic demand weighed on Thai economic growth.

The baht, which has appreciated by 8.9% since last year, has also dealt a blow to international tourism and merchandise exports, the World Bank said.

The post Bank cuts Thai 2020 GDP growth outlook to 2.7% appeared first on Thailand Business News.

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US-China trade rapprochement round one

Author: Yao Yang, Peking University The conclusion of phase one of the trade negotiations between the United States and China has been  welcomed by global markets because it has brushed off many uncertainties caused by the tense relationship between the world’s two largest economies over the past two years. According to the now publicised text, […]

The post US-China trade rapprochement round one appeared first on Thailand – China.

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GH Bank to comply with BOT’s new regulations to help home buyers

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BANGKOK (NNT) – The Bank of Thailand (BOT) has announced its decision to ease mortgage lending rules to help first-hand and used home buyers seek loans. The decision came into effect on Jan 20.

The loan-to-value (LTV) ratio of 100% remains unchanged for buyers of homes worth less than 10 million baht, but they can borrow an extra 10% of the collateral value. For buyers of homes valued at more than 10 million baht, they can now make a down-payment of at least 10%, down from the previous 20%.

Buyers of second houses worth less than 10 million baht can make a down-payment of 10%, if the mortgage on the first home has been paid off for at least two years. The previous requirement was three years. The BOT has adjusted its funding regulations to help people who want to seek more loans to buy houses priced below 10 million baht and those who wish to borrow to build houses on legal land.

The President of the Government Housing (GH) Bank, Chatchai Sirilai, said today his bank is ready to comply with the BOT’s new regulations to help people who want to own their own home, especially low and middle-income owners as well as civil servants. The new regulations will benefit buyers of homes worth less than 10 million baht, and they can borrow an extra 10% of collateral value for the purchase of furniture. Previously, a buyer of a house worth 1 million baht could borrow no more than 900,000 baht. Under the new regulations, the lending ceiling is raised to 1.1 million baht

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Fiat Chrysler in Talks With Foxconn to Develop Electric Cars

Fiat Chrysler is in talks with the Taiwanese company Foxconn to develop and manufacture battery-powered vehicles, the U.S.-Italian automaker said on Jan.17. Fiat Chrysler is in the process of merging with France’s PSA Peugeot, which is 12 percent owned by Chinese company Dongfeng Motor Co. Both Fiat Chrysler and Peugeot have lagged in developing electric […]

The post Fiat Chrysler in Talks With Foxconn to Develop Electric Cars appeared first on Thailand – China.

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Exports to Middle East performing well

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BANGKOK (NNT) – The Ministry of Commerce reports that the value of Thai goods exported to the Middle East has continued to grow for a second month at 2.9 percent, with health products being the most popular item. However, the ministry has suggested exporters carefully manage risks presented by exchange rate fluctuations.

The Department of International Trade Promotion’s (DITP) Director General Somdet Susomboon, revealed today that the Middle East has become an important market for Thai exports, despite tension in the Gulf of Persia. Fresh and processed farm products, food, motor vehicles, and air conditioners now have great sales potential in this market, as trading partner countries such as Qatar and Bahrain are confident of the quality of Thai products, and have placed successive orders.

Key products exhibiting growth include vehicles and parts, air conditioning units, white sugar, processed seafood, and computers. Processed seafood from Thailand is of particular interest to many countries including those of the Middle East, along with health products which have proven to be popular in this region.

The DITP chief has suggested exporters be cautious of risks in currency exchange rates and increasing fuel prices. Exporters can seek more information by visiting the DITP website www.ditp.go.th, or calling the DITP hotline 1169.

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Productivity is Key to Thailand’s Growth and Prosperity, says World Bank

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Thailand Business News

Thailand’s growth slowed to an estimated 2.5 percent in 2019 from 4.1 percent in 2018, due to external and domestic factors.

The economy is projected to pick up moderately to 2.7 percent in 2020 as private consumption recovers and investment picks up due to the implementation of large public infrastructure projects.

As Thailand seeks to transition to high-income status by 2037, boosting productivity and reviving private investment will be critical, according to the World Bank’s Thailand Economic Monitor report, released today.

Global economic growth is forecast to edge up to 2.5 percent in 2020 as investment and trade gradually recover from last year’s significant weakness but downward risks persist.

Risks include a re-escalation of trade tensions and trade policy uncertainty

These risks include a re-escalation of trade tensions and trade policy uncertainty, a sharper-than-expected downturn in major economies, and financial turmoil in emerging market and developing economies.

“A continued deceleration of economic activity in large economies, China, the Euro Area, and the United States, could have adverse repercussions across the East Asia region, through weaker demand for exports and the disruptions of global value chains.” 

Birgit Hansl, World Bank Country Manager for Thailand. “

Financial investment, commodity, and confidence channels could further weaken the global economy and adversely impact Thailand’s exports.”

Declining exports and growing weaknesses in domestic demand

In 2019, declining exports and growing weaknesses in domestic demand were the key drivers of the slowdown in growth in…

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Thai health authorities discharged one of four travellers quarantined

Bangkok, 09 January, 2020 – The Department of Disease Control, Ministry of Public Health has discharged one of the four travellers who were kept in quarantine after they reported having a fever shortly after arriving from the Chinese city of Wuhan. 

According to Dr. Suwanchai Wattanayingcharoenchai, Director-General of the Department of Disease Control (DDC), a three-year-old Chinese boy quarantined in Bangkok after getting off a flight from Wuhan in China with a mystery illness has been given the all-clear and discharged from hospital on 7 January, 2020. The buy had a fever as a result of A H3N2 influenza, which is not dangerous.

The DDC is still waiting for the test results for the three other travellers, who are Thai nationals. Two are students who have also been quarantined at Bamrasnaradura Infectious Diseases Institute in Nonthaburi’s Mueang district while the other patient is at a private hospital.

The DDC has advised the public not to panic citing the Ministry of Public Health’s effective surveillance and preventive measures. Since the news of the outbreak, health surveillance systems have been rapidly deployed at Suvarnabhumi, Don Mueang, Chiang Mai and Phuket International Airports for round-the-clock screening of all passengers, especially from China.

The DDC has also advised Thai and international tourists, who are travelling from Wuhan, China within 14 days to seek immediate medical advice and treatment if they are experiencing these emergency warning signs: fever, cough, sore throat, runny nose and shortness of breath. Or contact the Department of Disease Control hotline 1422.

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