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Key Updates on Indonesia’s Corporate Compliance Framework
Anastasia Jessica Maureen
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*Please note that this newsletter is for informational purposes only and does not constitute legal advice. In addition, it is based on information as of its date of publication and does not reflect information after such date. In particular, please also note that preliminary reports in this newsletter may differ from current interpretations and practice depending on the nature of the report.
Overview
As the trend of the world’s space industry has shifted from military to scientific and commercial objectives, Thailand is also one of the countries that strives to seek new opportunities in space. The development of the space industry in Thailand can be first seen in Thailand’s use of satellites for telecommunication and exploration for natural resources. Various agencies have been established and are responsible for satellite-related affairs. For instance, in 2000, the Geo-Informatics and Space Technology Development Agency (“GISTDA”) was established as a public organization to unify Thailand’s development of satellite-related technology, which the Ministry of Science and Technology was previously responsible for. Subsequently, in 2009, the National Space Policy Committee (“NSPC”) was established by the Cabinet to oversee and formulate national policy and strategy on space affairs (including the consideration of budgets) as well as to promote and provide support for the application of space technology.
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Anastasia Jessica Maureen
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Rashmi Grover
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Kobchai Nitungkorn
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Hoai Tran
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Anastasia Jessica Maureen
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Rashmi Grover
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Kobchai Nitungkorn
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Hoai Tran
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Kobchai Nitungkorn
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Yothin Intaraprasong, Ponpun Krataykhwan, Thananya Pholchaniko (Co-author)
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Charuwan Charoonchitsathian, Thananya Pholchaniko (Co-author)
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Supasit Boonsanong, Kobchai Nitungkorn (Co-author)