On May 24, 2021, Notification Re: Security Standards for Personal Data (No. 2) was issued by Thailand's Ministry of Digital Economy and Society (MDES) to further extend the validity of the minimum.
By Cirium2021-05-12T03:22:00+01:00
Two major Thai airlines, Thai Airways International and Nok Air, are at different stages of putting together business reorganisation plans outlining how they will restructure their businesses under court protection and emerge stronger from the Covid-19 pandemic.
But a recent surge in virus cases in the Kingdom looks likely to scupper the country’s plans to reopen to tourists this year – something airlines had been banking on to lead them out of the downturn.
Moreover, a huge viral surge in India has put paid to hopes of being able to accept visitors from that key tourism market, while China’s conservative approach to reopening borders could largely seal off a second major tourism market for many months to come.
The year 2020 was an eventful year for competition law in Thailand: four public hearings took place, three industry-specific regulations focused on unfair practices were delivered, and after the publishing of a merger control manual, two pre-closing merger approvals were handed out, resulting in one landmark case leading to remedies.
Weighing up the year just past, Pranat Laohapairoj and Jutharat Anuktanakul, partners at Chandler MHM say it was nothing short of “impactful.”
“2020 was a good year because the Office of Trade Competition Commission (OTCC) released many case precedents, many of which are useful for practitioners as they narrow down many formerly unclear fields into more manageable schemes,” Pranat and Jutharat say.