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PM Anutin seeks royal order to remove embattled NBTC chief

Prime Minister Anutin Charnvirakul has signed a request for a royal order to remove National Broadcasting and Telecommunications Commission (NBTC) chairman Sarana Boonbaichaiyapruck from his position, insisting the move is strictly in accordance with the law and due process.

We haven't written up this one. Bangkok Post Business has the full story — the link below goes straight to it.

Read the original at bangkokpost.com →

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Overdraft Delinquencies Rise Among Young and Elderly Investors

In the first half of this year, delinquent balances on overdraft accounts at major commercial banks in South Korea grew at a pace nearly four times faster than outstanding loan balances, data showed.

  • Delinquency rate for overdraft accounts surged to 0.22% in June 2023.
  • Stock market correction triggered by borrowers' investment losses and interest costs.

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