News
Andaman Provinces Commemorate 20th Anniversary of Tsunami
Remembrance Events Held Across Thailand’s Andaman Coast
On December 26, 2024, provinces along Thailand’s Andaman coast held heartfelt remembrance ceremonies to mark the 20th anniversary of the devastating tsunami that struck on December 26, 2004. This catastrophic event claimed the lives of approximately 230,000 people across multiple countries, including Indonesia, Sri Lanka, India, and Thailand.
Ceremonies in Key Locations
Remembrance and religious ceremonies took place in several significant locations, including:
- Mai Khao Cemetery and Patong Beach in Phuket
- Tsunami Memorial Park at Ban Nam Khem in Phang Nga
- Sailfish Sculpture on Ao Nang Beach in Krabi
At these sites, local and foreign mourners gathered to pay their respects to the victims, participating in a minute of silence followed by merit-making ceremonies according to Buddhist, Islamic, and Christian traditions.
Messages of Remembrance
Acknowledging Loss and Resilience
Wasawat Hongsasupasakul, deputy chairman of the Mai Khao Tambon Administrative Organisation, read a message from Prime Minister Paetongtarn Shinawatra during the ceremonies. This message highlighted the importance of National Disaster Prevention Day, which coincides with the anniversary.
- Personal Reflections: Ronny Karlsen, a Norwegian survivor of the tsunami, shared his memories of that tragic day and expressed his desire to honor those who perished.
Personal Stories from Survivors
Remembering Loved Ones
Many attendees shared their personal stories of loss. Noi Rakthong, who lost friends and customers during the tsunami while running a restaurant on Karon Beach, returned to Phuket for the ceremony to make merit for those who died.
- Emotional Impact: “Although the incident occurred 20 years ago, our memories remain the same,” she reflected.
Underwater Memorials and Community Gatherings
Unique Commemorative Activities
In Krabi, participants honored victims by handing metal wreaths to divers who placed them at an underwater tsunami memorial located about one kilometer off Koh Phi Phi Don.
- Community Participation: In Phang Nga, over 1,000 survivors and relatives attended a religious ceremony at Ban Nam Khem Tsunami Memorial Park, marking this year’s event as one of the most attended.
Candlelight Vigil and Academic Forum
Evening Vigil for Reflection
A candlelight vigil was scheduled at the memorial park later that evening, allowing attendees to reflect on their experiences and honor those lost.
- Educational Focus: Concurrently, an academic forum opened at the Khao Lak Marriott Beach Resort & Spa. This forum aimed to strengthen cooperation among local and international experts on topics such as public health and emergency services.
Remembering a Tragic Past
The 20th anniversary of the tsunami serves as a poignant reminder of the lives lost and the resilience of those affected. As communities come together to remember their loved ones, they also emphasize the importance of preparedness for future natural disasters. The ceremonies not only honor the past but also foster a spirit of unity and hope for a safer future.
News
Public Invited to Join New Year’s Eve Chanting Ceremony Honoring Monarchs
New Year’s Eve Chanting Ceremony to Celebrate Royal Merit
The Ministry of Culture has extended an invitation to the public for the “New Year’s Eve Chanting” ceremony, a significant event aimed at receiving blessings and welcoming the New Year. Scheduled from December 31, 2024, to January 1, 2025, this ceremony will honor the royal merit of Thailand’s past monarchs and commemorate His Majesty King Maha Vajiralongkorn’s upcoming 72nd birthday on July 28, 2024.
Promoting Buddhist Traditions and Teachings
This event seeks to uphold Buddhist traditions while promoting the application of Buddhist teachings in daily life. It also encourages participants to abstain from harmful activities during the New Year festivities. Sudawan Wangsupakitkosol, Minister of Culture, emphasized the importance of this ceremony in fostering spiritual reflection as the year comes to a close.
Sacred Flame and Symbolic Gifts for Participants
The Ministry has received a royal blessing from the Supreme Patriarch of Thailand, who provided a sacred flame for lighting auspicious candles during the chanting ceremony. Additionally, the Supreme Patriarch has graciously allowed his initials to be printed on matchbox covers that will be distributed by provincial cultural offices across the country. These matchboxes will be used to light candles during the ceremony and serve as symbols of blessings for attendees.
Central Events in Bangkok
In Bangkok, central events will occur at prominent locations including Sanam Luang, Wat Arun, and Wat Pho on December 31. The ceremonies will be broadcast live via television and other media platforms, allowing people nationwide to participate in this spiritually enriching experience.
Special Activities and Nationwide Participation
Participants will have the opportunity to pay homage to the Buddha’s relics (Sacred Tooth Relic) enshrined at Sanam Luang from December 4, 2024, to February 14, 2025. The Department of Religious Affairs has also encouraged religious organizations to host New Year activities according to their respective practices. For instance, Christian churches will hold Thanksgiving services, Hindu-Brahmin temples will organize prayer ceremonies, and Sikh Gurdwaras will conduct Ardas prayer ceremonies.
Nationwide Alms-Giving Ceremony
On January 1, 2025, a nationwide alms-giving ceremony will take place for Buddhist devotees as a way to usher in blessings for the New Year. All 76 regional offices will host chanting events and alms-giving ceremonies, with additional activities coordinated by 17 provincial cultural offices along Thailand’s borders with ASEAN nations.
A Unified Celebration of Faith and Tradition
The “New Year’s Eve Chanting” ceremony represents a unique opportunity for individuals across Thailand to come together in celebration of their faith and cultural heritage. By honoring past monarchs and His Majesty King Maha Vajiralongkorn through this spiritual event, participants can reflect on the year gone by while welcoming new beginnings with hope and positivity.
News
Pattaya’s Property Market Set for Exponential Growth Amid Rising Demand
Surge in Condominium Developments in Pattaya and EEC
Experts predict significant growth in the property market in Pattaya and the Eastern Economic Corridor (EEC), driven by increasing demand for beachside condominiums and the relocation of Chinese production bases. Phattarachai Taweewong, director of research and communication at Colliers Thailand, announced that 20 new condominium projects worth 43.28 billion baht have been launched in Chonburi province.
Condominium Projects Concentrated in Key Areas
Out of these projects, 13 are located in Jomtien Beach, offering a total of 7,897 units, while seven projects with 2,540 units are situated outside Pattaya. Most of these developments are spearheaded by prominent Bangkok-based property developers such as Origin Property, Riviera Group, Sansiri, and AssetWise. This influx has pushed the condominium supply in Pattaya to a five-year high, indicating a robust market poised for further expansion.
Historical Sales Data and Market Trends
Phattarachai revealed that from 2011 to 2024, a total of 116,075 condominium units have been made available for sale. Notably, 39.66% of these units are located in Jomtien Beach, followed by Phra Tamnak Mountain (18.82%) and central Pattaya (18.70%). Currently, 36,471 units, or 76.29%, have been sold, leaving only 11,329 units on the market.
Luxury Condominiums Attracting Buyers
Luxury condominiums remain highly sought after in Pattaya, particularly in areas like Wong Amat and Jomtien, where available supply is limited. Phattarachai anticipates continued growth in the condominium market next year with new projects planned for central Pattaya, Jomtien, Na Jomtien, and Wong Amat.
Positive Sentiment from EEC Development
Sombat Chanyuttakorn, managing director of LPN Development, highlighted that numerous property projects have emerged in the EEC over the past five years. The buyer demographic includes both investors and employees from industrial estates earning between 20,000-50,000 baht monthly.
Impact of Chinese Entrepreneurs on Rental Markets
The relocation of Chinese entrepreneurs to Amata City Chonburi Industrial Estate has positively influenced the property market. Chanyuttakorn noted that rental rates for apartments and serviced apartments have surged by 80-90%, indicating strong demand for accommodation in the area.
Bright Future for Pattaya’s Real Estate Market
The combination of ongoing infrastructure development under the EEC initiative and rising foreign investment positions Pattaya’s real estate market for substantial growth. As demand continues to rise for condominiums near the beach and other desirable locations, investors are likely to find lucrative opportunities in this vibrant market. With strategic developments planned for 2025 and beyond, Pattaya is set to become a key player in Thailand’s property landscape.
News
Executives Optimistic About Thailand’s Economic Growth and Investment in 2025
Survey Reveals Positive Outlook for Thailand’s GDP Growth
A recent survey published by Thansettakij shows that most senior executives in Thailand are optimistic about the country’s economic prospects for 2025. Approximately 67.3% of the 50 executives surveyed expect Thailand’s GDP to grow by 2-3% in the coming year, while 20.4% predict a slightly higher growth rate of 3-4%. This positive sentiment reflects confidence in the ongoing recovery of the Thai economy.
Investment Plans Focused on Digital Transformation and Sustainability
In terms of investment, 28.8% of executives plan to increase their spending next year, while 36.7% intend to maintain their current investment levels. Executives highlighted government policies as the most significant factor influencing their businesses, followed closely by political stability and interest rates. The survey also indicated that the ASEAN region is viewed as the most promising area for business expansion, with 49% of respondents favoring it over India (24.5%) and China (18.4%).
AI and Cybersecurity: Key Drivers of Future Growth
Executives identified artificial intelligence (AI) and machine learning as crucial drivers for Thailand’s future growth. A significant 71.4% of respondents are focusing on AI adoption to enhance operational efficiency, particularly in data analysis and administrative tasks. Additionally, 52.2% are prioritizing upgrades to their network infrastructure, while 50% are enhancing security systems to prepare for an increasingly digital landscape.
Sustainability Initiatives Gain Momentum
Sustainability is also a priority for many executives, with 59.2% planning investments based on environmental, social, and governance (ESG) principles. Key areas of focus include green technology (67.3%), carbon dioxide reduction (40.8%), and governance initiatives (26.5%). Furthermore, nearly half of the executives (49%) are planning initiatives aimed at addressing climate change.
Increased Competition and Changing Consumer Behavior
Despite optimism about economic growth, more than half of the executives (55.1%) anticipate intensified industrial competition driven by digital transformation. They recognize that super apps like Line, TikTok, Shopee, and Grab will play significant roles in business operations moving forward. To adapt to these changes, 44.9% are considering implementing new business models, while 40.8% plan to adjust their business structures or launch new ventures.
Concerns About Consumer Trends
Executives expressed concerns regarding shifting consumer behavior, particularly the increased emphasis on price over quality due to the rise of e-commerce and social commerce platforms. However, they noted that consumers are also placing a higher value on convenience and sustainability.
Need for Government Support
While most executives remain optimistic about their business performance—53% predicting growth between 0.1-10%, and 22% expecting growth above 10%—they emphasized the need for government support in several areas. Key requests include infrastructure development to boost competitiveness (28.6%), tax measures to attract investment (26.8%), and human resource development initiatives (22.4%). As Thailand navigates its economic recovery, collaboration between the government and private sector will be essential for fostering sustainable growth in 2025 and beyond
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