The unusual ritual of launching Lanna-style floating lanterns (khome loi or khome yipeng) is a unique aspect of the Chiang Mai Loi Krathong festival. Traditional belief has it that when these huge lanterns are set adrift and float away,so do the troubles of the residents in the community. 'Yi-peng' literally means the full moon night of the twelfth lunar month and the Chiang Mai 'Yi-peng' and 'Loi Krathong', the Festival of Lights is organized annually by the Chiang Mai Municipality. During the festival,the entire city of Chiang Mai, its houses, streets,canals,moats and the river are decorated with lights and beautiful lanterns,making these festivities,a most beautiful and memorable experience for visitors. The practice of setting adrift traditional Krathong floats in rivers,canals,waterways,lakes and ponds is also observed by the residents of Northern Thailand. While traditional krathong were made exclusively from banana leaves,today the krathong come in all shapes and sizes and are made from a broad range of materials. Following the contest,the krathong are set afloat on the Mae Ping River. The final night of the celebration is the most important. A procession of spectacular "Krathong Yai" or giant krathong floats will wing their way through the streets of the northern capital. The giant krathong feature elaborate decorations depicting the story of the life of the Lord Buddha,Thai literature,history and Thai art. Many other activities of interest will also be organized ranging from krathong contests,Lanna Thai cultural presentations and folk performances,bamboo raft races and boat races on the Mae Ping River and fireworks.