Press Release ILCT Ltd. is a leading law firm with over 56 years of experience serving clients in Thailand and across Asia. Founded in 1966 and patterned in line with a U.S. law firm, the firm has evolved into a multi-domestic law firm with offices in Bangkok, Vietnam, and Taipei. ILCT provides a comprehensive range of legal services to both domestic and international clients. Our team of highly qualified and experienced lawyers has diverse educational and technical backgrounds, and we are fluent in Thai, English, French, Italian, and Spanish. ILCT specializes in financial institution laws, trade competition law, real estate law, securities law, labor law and taxation services. We offer a diverse range of legal services to clients across various industries such as retail, food, pharmaceutical, automotive, energy (including oil and gas), and mining. The firm’s team of experts provides legal advice on contract negotiations and drafting both with private and state parties, Fintech, … [Read more...] about ILCT: a one-stop service law firm for businesses operating in or expanding into Thailand
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Building The World’s Largest Healthcare Data Platform
Share to Twitter Share to Linkedin The UK National Health Service (NHS) is the largest nationalized health service in the world, providing healthcare services to around 65 million people. This huge responsibility means that it is constantly exploring new technological solutions that will allow it to work more efficiently and improve patient outcomes. It also handles a huge amount of very sensitive data. Traditionally, this data – consisting of personal health records, clinical data, and public data – has been stored in separate systems spread across hundreds of healthcare and hospital trusts. Its aim is to implement what is known as the NHS Federated Data Platform - to bring all of this information together into a single source where it can be used to improve decision-making and patient outcomes. Inevitably, this will bring many challenges. Healthcare data is some of the most sensitive data that there is, and the task of keeping it secure while still … [Read more...] about Building The World’s Largest Healthcare Data Platform
Why the SPLC’s new logo ditched its famous icon
The Southern Poverty Law Center bankrupted the Ku Klux Klan and other hate groups through the power of the legal system—and so it might have come as a surprise when the organization recently unveiled its new logo, it was conspicuously lacking the scales of justice icon that had defined the organization for years. It was a change that no one on the project team took lightly—but the organization was committed to bold moves, and for good reason. “Historically, it’s been a law firm, it’s been a legal service for voting rights and civil rights and advocacy groups, but over time, it’s expanded into something that’s much more than that,” says Chris Mihal, SPLC’s director of creative. In 2022, the organization completed a new strategic framework focused on its four key offerings: law, education, policy, and programming, centered around the critical subjects of hate and extremism, children’s rights, economic justice, immigrant justice, LGBTQ rights, criminal justice reform, … [Read more...] about Why the SPLC’s new logo ditched its famous icon
POV: How work arrangements played a part in the collapse of Credit Suisse and SVB
The world watched in shock as Credit Suisse, one of the most established global banking and financial services institutions, collapsed and was eventually acquired by UBS. I believe a significant factor in Credit Suisse’s downfall was its rigid stance on forcing staff to return to the office. This cautionary tale serves as a reminder for business leaders to adapt to the changing world of work and prioritize their workforce’s needs and preferences. The Iron Fist: Credit Suisse’s return to office policy In stark contrast to the growing trend of many companies embracing a flexible hybrid work approach, Credit Suisse took a more traditional approach, mandating that staff return to the office three days a week. According to one banker there, “they’re removing our flexibility, and it doesn’t feel great.” In May 2022, the bank’s leadership originally supported flexibility and hybrid work as evidenced by then-CEO Thomas Gottstein professing that a return to office was “not … [Read more...] about POV: How work arrangements played a part in the collapse of Credit Suisse and SVB
Why 23andMe CEO Anne Wojcicki says the medical world is at a ‘tipping point’
Consumers have more health power in their hands than ever before, but the medical system still needs to catch up when it comes to genomic medicine, 23andMe CEO Anne Wojcicki said during a panel Friday at the Fast Company Grill at SXSW. The consumer genetics and research company has been a leader in the space since its 2006 inception. Consumers have shown deep interest in the service but have often been shut down by medical professionals, who know little about the segment, Wojcicki said. She pointed toward a conference about 13 years ago, where 23andMe offered 1,000 testing kits and came home with 980. In contrast, the company recently conducted a survey that found roughly 90% of physicians are seeing an opportunity to deliver genetic information to patients and improve care. “I do really think that we’re at a tipping point now where the medical world is really interested in adopting genetic information, but they don’t have the training,” Wojcicki said. “There’s a lot … [Read more...] about Why 23andMe CEO Anne Wojcicki says the medical world is at a ‘tipping point’
Poe: Marcos order creating water management office a ‘timely intervention’
Senator Grace Poe MANILA, Philippines — The executive order from President Ferdinand “Bongbong” Marcos Jr. on the creation of Water Resource Management Office (WRMO) is a “timely intervention” that will boost action to address the rising water stress in the country, said Senator Grace Poe. Marcos earlier said that his directive for the establishment of WRMO had already been signed and would soon be released for implementation. Poe, chair of the upper chamber’s panel on public services, welcomed the move on Thursday as she noted that bills seeking a more integrated water policy in the country are still being deliberated upon in Congress. “This is a timely intervention from the executive branch which will hopefully alleviate the creeping water crisis in the country,” she said in a statement. The legislator lamented the irony of the Philippines being plagued by a water crisis despite being an archipelago – all because of “fragmented resource management.” “We expect that this … [Read more...] about Poe: Marcos order creating water management office a ‘timely intervention’
PLDT 2022 net income down 60%
MANILA –PLDT Inc. saw its net income plunge by 60 percent to P10.49 billion last year after incurring a P48-billion budget overrun, which the telecom giant attributed to “over orders” of 5G technology. Total revenues, meanwhile, were up 6 percent to P205.25 billion for the period. Service revenues climbed by 4 percent to all-time high P190.1 billion last year. “We are looking to increase our revenues by mid-single digit and capital expenditure will recalibrate to between P80 billion and 85 billion,” PLDT president and CEO Al Panlilio said. Capital expenditure amounted to P96.8 billion last year. “Despite the adversities, I remain convinced that PLDT will not only survive but thrive; our core business is strong and our people endured, inspired by our singular mission of safeguarding and enhancing shareholder value,” PLDT chair Manuel V. Pangilinan added. In the meantime, the telco maintains that no fraud or bad faith was involved in its P48-billion budget overrun that dragged … [Read more...] about PLDT 2022 net income down 60%
Duterte’s FOI order leads to ‘unintended consequences’
TRANSPARENCY POLICY President Duterte signs an executive order laying down his administration’s policy of full public disclosure and transparency in public service, but it does not cover the legislature, judiciary and even local governments. —MALACAÑANG PHOTO President Rodrigo Duterte’s issuance of an executive order on freedom of information (FOI) was a much-lauded move and a step in the right direction, but it has had “unintended consequences” that have not always led to greater transparency. Executive Order No. 2, signed on July 23, 2016, and implemented for about seven months now, has laid down a policy of full public disclosure and transparency in public service to promote accountability, and sets the guidelines for requesting and releasing information from offices under the executive branch. Subsequent issuances laid down exceptions to transparency and the administrative penalties for government officers who would not abide by these. Congress, LGUs not covered The … [Read more...] about Duterte’s FOI order leads to ‘unintended consequences’
After suspension of execs, PS-DBM vows to press on with procurement, admin reforms
PS-DBM logo MANILA, Philippines — Despite the cloud of controversy surrounding the government’s pandemic supply purchases and the suspension of several officials, the Procurement Service of the Department of Budget and Management (PS-DBM) remains committed to its procurement and administrative reforms. In a Thursday statement, the PS-DBM accepts the verdict of the Ombudsman, mandating a preventive suspension for incumbent and former officials involved in the controversial multibillion-peso deals awarded by the Duterte administration to Pharmally Pharmaceutical Corp at the peak of the COVID-19 crisis. READ: Ombudsman suspends 33 execs in Pharmally mess The agency assured the public that it would implement the order from the Ombudsman within the given time frame. “Under the current leadership, the PS-DBM shall continue to implement and institute crucial procurement and administrative reforms while implementing zero tolerance on irregularities and any form of corruption,” it … [Read more...] about After suspension of execs, PS-DBM vows to press on with procurement, admin reforms
Liong seeks to clear name: I didn’t earn a single peso from Pharmally deals
Warren Rex Liong —Photo from Philippine Reclamation Authority website MANILA, Philippines — A former official of the Procurement Service of the Department of Budget Management (PS-DBM) is seeking to clear his name after he was placed under preventive suspension for his involvement in the graft-tainted government purchases of healthcare supplies at the height of the COVID-19 pandemic. Through his legal counsel Rafael Calinisan, Warren Rex Liong – then the PS-DBM’s procurement group director and now the Overall Deputy Ombudsman – along with 32 other former and current officials of the Department of Health and the PS-DBM, were meted out a six-month suspension by the Office of the Ombudsman pending investigation. READ: Ombudsman suspends 33 execs in Pharmally mess They are currently in hot water for their alleged hand in the graft-tainted, multi-billion deals awarded by the Duterte administration to Pharmally Pharmaceutical Corp. for the supply of government pandemic supplies. … [Read more...] about Liong seeks to clear name: I didn’t earn a single peso from Pharmally deals