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Oriental Pearl and Shanghai Tower, together with towers around the world, light up in red in celebration of the Spring Festival of the Year of the Snake

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and its selection into UNESCO World Cultural Heritage list

SHANGHAI, CHINA – Media OutReach Newswire – 29 January 2025 – Shanghai extends an invitation to landmarks and towers from cities across four continents to light up in red and celebrate the first Spring Festival as UNESCO World Cultural Heritage. The Oriental Pearl Tower and Shanghai Tower, two of Shanghai’s iconic landmarks, is teaming up with members of World Federation of Great Towers (WFGT) and Council on Tall Buildings and Urban Habitat (CTBUH), including Burj Khalifa in Dubai, Empire State Building in New York, Tokyo Tower, Willis Tower in Chicago, Reunion Tower in Dallas, Vancouver Lookout, Torre Glories in Spain and SkyTower in Bucharest. Together, they will celebrate the first Spring Festival after its inclusion in the UNESCO World Cultural Heritage list by lighting up in red and sending Chinese New Year greetings.

View of the Lujiazui skyline as Shanghai Oriental Pearl Tower lights up in red in the evening on January 28, 2025.

On the eve of the Spring Festival, Shanghai’s iconic Oriental Pearl Tower and Shanghai Tower, the third tallest building in the world, took the lead in lighting up in festive red and shared the cheerful atmosphere with people around the world.

Shanghai Tower lights up in red in the evening on January 28, 2025.
Shanghai Tower lights up in red in the evening on January 28, 2025.

At the same time, the Marina Bay Sands in Singapore has launched a Spring Festival-themed light show, projecting the beautiful color of Chinese red onto its buildings, as part of its Chinese New Year celebrations that will last till the Lantern Festival on February 12. Also, multiple towers in Asian cities will soon follow up. In Dubai, UAE, the world’s tallest tower, the Burj Khalifa tower will also light up in red, as tourists from around the globe gather at its foot to usher in the Year of the Snake. In Tokyo, Japan, as the clock counts down towards the Chinese New Year and the Tokyo Tower puts on a red coat, 2,025 balloons with the images of China’s giant pandas and Japanese anime characters will be released into the sky, carrying the wonderful wishes of the Chinese and Japanese people.

In the American continent, on January 29 local time in the US and the first day of the Chinese New Year, the Empire State Building in New York will appear in a dazzling red. In addition, the third tallest building in North America, the Willis Tower in Chicago, the Reunion Tower in Dallas, Texas will also light up in red during the Spring Festival. Further north, Canada is joining in as well. The red lights on the Vancouver Lookout will bring a special Spring Festival vibe to the Chinese people in Canada.

In Oceania, the city of Sydney will host a number of celebrations for the Spring Festival of the Year of the Snake.

In Europe, landmarks of a number of cities will also take part in the wonderfully red Spring Festival celebrations. In the Romanian capital of Bucharest, the emblematic SkyTower will turn into a red fairy. Several Spring Festival celebrations will also be held in the city to introduce traditional Chinese Spring Festival culture to the local people. In Barcelona, Spain, the Torre Glories, the most outstanding building of the city’s skyline, will light up in red and illuminate the city’s nightly sky. The Chinese community in Spain will also hold Spring Festival events bustling with joy and celebration, to welcome the arrival of the Chinese New Year together with the locals.

Hashtag: #ShanghaiEye

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Wooden Snake and crypto market prospects from global broker Octa

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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 29 January 2025 – This week, China and the world are celebrating the arrival of the Year of the Wood Snake. According to Chinese tradition, the snake represents intelligence and transformation, often symbolizing mystery and wisdom. Wood adds the qualities of growth and flexibility. An analysis provided by global broker Octa highlights how these attributes align with current trends in the cryptocurrency market. Perfect timing! Today, these qualities are more relevant than ever to the cryptocurrency market.

In 2025, popular cryptocurrencies show different dynamics: Bitcoin is up 8%, Ethereum is down 6% as of 27 January 2025, despite uncertain regulatory developments. U.S. President Donald Trump signed an executive order significantly revamping the national cryptocurrency policy. The order established a dedicated cryptocurrency working group to propose new regulations, safeguarded banking services for crypto companies, and prohibited the creation of a competing U.S. central bank digital currency. Additionally, it repealed burdensome accounting guidelines that had previously stifled digital asset adoption—a notable victory for the crypto industry. However, some investors remain sceptical, showing limited enthusiasm despite these advancements. The cryptocurrency market is seeing a sharp decline on Monday, 27 January, with Bitcoin dropping below $100,000 to an 11-day low. This downturn is largely driven by a significant selloff in the technology sector, which has sparked a broader risk-off sentiment among investors. As cryptocurrencies are often considered high-risk assets, this shift in market mood has weighed heavily on their performance.

Additionally, caution surrounding the Federal Reserve’s upcoming meeting is adding to the pressure. Investors anxiously await decisions on interest rates, with concerns that the Fed may keep rates elevated for a prolonged period. This uncertainty about monetary policy has heightened market unease, further contributing to the decline in cryptocurrency valuations.

ETHUSD, 1-week timeframe chart
ETHUSD, 1-week timeframe chart

Therefore, the snake pattern and consolidation of ETHUSD that has formed in recent months may be replaced by a sharp move, after the adoption of new regulations or clear signals on the Fed Funds rate.

Hashtag: #Octa

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Octa

is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine.

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TCMA joins Saraburi Province to mark one year anniversary of progress “SARABURI SANDBOX” Thailand’s first low-carbon city

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BANGKOK, THAILAND – Media OutReach Newswire – 29 January 2025 – Thai Cement Manufacturers Association (TCMA) and cement manufacturers with fully support to Saraburi Province, government agencies, private sectors, and civil society to present the one-year anniversary of progress of SARABURI SANDBOX, Thailand’s first low-carbon city. The initiative is set to advance efforts in clean energy transition, green industry, and value creation for carbon with support from all stakeholders and international cooperation, advanced technologies, and green financing.

SARABURI SANDBOX is an area-based collaborative effort, driven by the Public-Private-People Partnership (PPP) approach, comprising three key stakeholders: Saraburi Province, TCMA, and FTI Saraburi Provincial Chapter. Led by the Governor of Saraburi Province and supported by domestic and international partners, aiming at transforming Saraburi into a low-carbon city by fostering collaboration among the government sector, the private sector, civil society, and related industries for various pilot projects of CO2 reduction.

A year of action since the joint declaration of commitment on August 15, 2023, the tangible and significant progress has been made across five key focus areas: 1) clean energy transition, 2) green industry promotion, 3) waste to value, 4) low-carbon agriculture, and 5) green space expansion. The project still continues with collaborative effort of all sectors, including to seek additional green funding to achieve a target reduction of 5 million tons of carbon dioxide equivalent by 2027.

Mr. Bancha Chaowarin, Governor of Saraburi Province emphasized the collaborative approach, outlining four key working principles: 1) immediate action, 2) trial-and-error, flexibility and adaptability, 3) respectful dialogue and consensus-building, and 4) maintaining a positive working atmosphere. The Saraburi Governor affirmed Saraburi’s readiness to serve as a lab city for new technologies and innovations, with the goal of replicating successful models across other provinces, leading to tangible greenhouse gas reduction outcomes, and spreading economic and social benefits to the locals of Saraburi. The Saraburi Governor stressed that the next phase requires continued cooperation, particularly policy support from the government to achieve the Thailand Nationally Determined Contribution (NDC) goals.

Dr. Chana Poomee, Chairman of Thai Cement Manufacturers Association (TCMA) and Vice Chairman of the Federation of Thai Industries stated that TCMA, as a representative of Thailand’s leading cement manufacturers and a key manufacturing sector in Saraburi, TCMA plays a pivotal role in this project, is committed to achieving net-zero carbon emissions by 2050, in alignment with the Thailand 2050 Net Zero Cement and Concrete Roadmap. TCMA’s contributions to building Saraburi as the first low-carbon city of Thailand include optimizing cement production processes, fostering collaboration among stakeholders, and seeking green fund and opportunities for international cooperation.

Over the past year, the cement industry has made significant contributions to the SARABURI SANDBOX across several areas: 1) Industrial Process and Product Use (IPPU): research and development of clinker substitution, leveraging nanotechnology to enhance cement properties. Collaboration among stakeholders is essential for knowledge development, machinery upgrades, investment incentives, and regulatory adjustments to promote the adoption of hydraulic cement-a low carbon cement. These actions can contribute CO2 reduction by over 1 million tons in 2023-2024. 2) Green and Smart Mining: efficient resource utilization, coupled with sustainable land rehabilitation to benefit local communities and the environment. 3) Clean Energy Transition: implementation of waste heat recovery (WHR) systems, increased use of renewable energy sources such as solar power, and adoption of biomass and refuse derived fuel (RDF) to replace coal through the co-processing in cement kilns. These measures are expected to cut carbon emissions by approximately 9-12 million tons per year and mitigate PM 2.5 pollution from agricultural burning, while generating additional income for farmers and promoting efficient waste management to zero landfill. 4) Carbon Value Creation: researching carbon utilization methods, including CO2-to-Methanol. Notably, SARABURI SANDBOX has become the first industrial cluster in Thailand accepted into the Transitioning Industrial Clusters Initiative of the World Economic Forum.

Dr. Chana Poomee highlighted that while significant progress has been made, achieving the goal of establishing a low-carbon city requires innovative approaches, strong leadership across sectors, strong local administration, and substantial international support. Moving forward, increased collaboration with organizations such as the Global Cement and Concrete Association (GCCA), the United Nations Industrial Development Organization (UNIDO), the German International Cooperation Organization (GIZ), and other global entities will be crucial in supporting energy transition and carbon capture, utilization, and storage (CCUS) efforts. Dr. Chana emphasized the need for government policies to provide essential support, including knowledge sharing, technological integration, and funding to facilitate meaningful change.

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The “SARABURI SANDBOX: Joining Forces to Create Thailand’s First Low-Carbon City” event was held on January 22, 2025, the Navaminda Kasatriyadhiraj Royal Air Force Academy (NKRAFA), Muak Lek District, Saraburi Province. The event aimed to raise public awareness, extract key lessons from the past year, and brainstorming to gather input from various sectors to shape the future strategies of SARABURI SANDBOX. More than 700 participants from different sectors attended the event.
Hashtag: #TCMA #ThaiCementManufacturersAssociation

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The EM DISTRICT Bangkok Unveils Spectacular Chinese New Year Celebrations with 3,000 Panda to Mark 50 Years of Thai-Chinese Diplomatic Friendship

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BANGKOK, THAILAND – Media OutReach Newswire – 29 January 2025 – The EM DISTRICT Bangkok is thrilled to announce an extraordinary Chinese New Year celebration in honor of the Golden Year of Friendship between Thailand and China. This milestone marks 50 years of diplomatic ties between the two nations, blending cultural traditions with modern attractions. The auspicious festivities, attended by H.E. Mr. Han Zhiqiang, Ambassador of the People’s Republic of China to the Kingdom of Thailand, alongside Mr. Phumtham Wechayachai – Deputy Prime Minister and Minister of Defence, Mr, Varawut Silpa-archa – Minister of Social Development and Human Security, Ms. Sudawan Wangsuphakijkosol – Minister of Culture Ms. Teerarat Samrejvanich – Deputy Interior Minister, Mr. Chadchart Sittipunt – Governor of Bangkok, Ms. Thapanee Kiatphaibool – Governor of the Tourism Authority of Thailand and The Mall Group’s top management led by Ms. Supaluck Umpujh, Chairwoman of The Mall Group, will take place from January 20th to February 28th, 2025, across the vibrant EM DISTRICT, including Emporium, Emquartier, and Emsphere.

From January 22 to February 23, EM DISTRICT will be transformed into a whimsical panda wonderland with the installation of 3,000 adorable panda sculptures. Enhancing the experience, a lively Panda Flash Troop will perform twice daily from January 27th to January 29th, adding an extra touch of excitement and joy for families and visitors of all ages. On the 26th – 27th of January there will be a Panda Culture truck that will showcase Panda ecosystem for all to see as it cruises throughout the city of Bangkok starting from Asoke intersection to the Grand Palace and back to EM DISTRICT.

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Food lovers will be treated to a culinary adventure at the Chinese Boulevard Street Food and Tea House Market, hosted at Emquartier. This market will feature 30 carefully curated vendors offering an array of authentic Chinese dishes, traditional teas, and irresistible snacks, promising a feast for the senses.

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At Emsphere’s Em Market Hall, the Panda Exhibition Showcase and Café will provide a platform to explore and shop for top-selling Chinese products. Running from January 22nd to February 25th, this unique showcase brings the best of China’s craftsmanship and innovation directly to Bangkok, offering visitors a chance to discover exclusive items and cultural treasures.

A Grand Golden Dragon Theme Across EM DISTRICT in this celebration of the Year of the Golden Dragon, all three EM DISTRICT malls will feature stunning golden dragon designs, symbolizing prosperity, strength, and good fortune. These intricate and immersive decorations aim to captivate visitors and create a festive ambiance that resonates with the spirit of Chinese New Year.

The EM DISTRICT Bangkok invites everyone to be part of this historic celebration which will include Chinese face changing shows, concerts, lion blessing troop to commemorate five decades of Thai-Chinese friendship through vibrant festivities, iconic installations, and cultural showcases. Don’t miss this unforgettable event that bridges cultures and communities in the heart of Bangkok.

Hashtag: #EMDISTRICT

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