BANGKOK, Nov 26 – Bangkokians’ spending during this week’s Loy Krathong or Candle Light festival is forecast at around 3.5 billion baht this year, much higher than last year’s spending when the capital faced a devastating flood, according to the Kasikorn Research Centre.
A survey on Bangkokians’ response to this year’s Loy Krathong festival 2012 December 1-10 was conducted among 511 respondents, covering various occupations, age groups, and income ranges.
Most plan to float krathong, small flower vessels, in Bangkok’s rivers and canals.
More than three out of four persons–76.8 per cent–said they would spend on travel, food and beverages, and buying krathongs, according to the survey.
Most of the spending-about 2.1 billion baht or 59.5 per cent will likely circulate in Bangkok and 1.4 billion baht or 40 per cent in the provinces.
