Press Release on Economic and Monetary Conditions : January 2010Mr. Suchart Sakkankosone, Senior Director, Monetary Policy Group: The economic conditions in January 2010 continued to expand, and its expansion remained broad-based. External demand and tourism were the main factors contributing to an economic expansion. Private consumption grew satisfactorily due to continued expansions in farm income and employment. Meanwhile, manufacturing production slightly decelerated due to oil refinery’s annual maintenance shutdown and inventory build-up in the previous month in some industries
Credit Conditions Report In 2009 Q3, respondent financial institutions kept their credit standards for corporate loans unchanged from the previous quarter for the first time since the survey had been conducted in 2007 Q4, less tightened than their expectations in the 2009 Q2. Meanwhile, credit standards for housing loans had been eased slightly. This reflected respondent financial institutions’ lower risk perception due to improved general economic conditions and industry-specific outlook, together with the acceleration of credits extension by specialised financial institutions under government stimulus packages.
BOT Research NewsletterBOT Research Newsletter is a research news series disseminated by the Economic Research Department, Bank of Thailand (BOT). This series will summarize the research papers written by researchers from the Economic Research as well as other Departments and, occasionally, from other central banks or academic institutions. The aim is to make research works of BOT and the Monetary Policy Group accessible to the general public, share latest development in academic researches as well as to stimulate research environment within the BOT.
