Content Types: ArticleRegions & Countries: ThailandIndustries: Information TechnologyServices: Legal
As June 2022 approaches, many companies in Thailand are focusing on and racing towards the implementation of compliance mechanisms in advance of the adoption of the Personal Data Protection Act (“PDPA”), Thailand’s new and all-encompassing data protection legislation. This new law will significantly impact businesses that handle personal data. It sets out heavy fines and penalties which will be imposed upon organizations that mishandle clients’...
The Export-Import Bank of Thailand (EXIM Thailand) has allocated 6.2 billion THB baht (about US$187 million) to support 5 Thai airlines (Thai Airways International, Thai Smile, Thai AirAsia, Thai VietJet Air, and Bangkok Airways) to help them survive the crisis caused by the COVID-19 pandemic.
According to an anonymous source, a ‘Centre for Economic Situation Administration’ (“CESA”) meeting chaired by Prime Minister Gen. Prayut Chan-o-cha was held on Friday 4 June that approved (in-principle) a set of proposed stimulus measures aimed at encouraging wealthy expatriates to Thailand.
COVID-19 has thrust the world into recession, which as a result akin to a domino effect, has led to rapid and accelerated change. Most notably, industries have pivoted online as we hurtle headlong into an increasingly digitalized society. In response to extended lockdowns, society has become more reliant on technology than it has ever been.
Content Types: ArticleRegions & Countries: ThailandIndustries: Service IndustryTourism...
Thailand’s chief tourism official announced that the country expects to welcome five million tourists in 2021. However, initially, Thai authorities predicted that the tourist flow will be ten million tourists.