Racing Against Time, Personal Data Protection Bill to Hoist Investment
Summary
- Deliberation on the Personal Data Protection Bill is targeted for completion in November, although the possibility of being pushed behind schedule is still wide open because of the long Inventory List of Problems that need to be discussed.
- About 80 of the 300 Inventory List of Problems have been approved by parliament and the government. There are at least two important arrangements that have been discussed regarding parties bound by this law, as well as a list of specific personal data that requires special treatment.
- An article that has generated many controversies is the task of the Communication and Information Technology Ministry as the supervisor of personal data protection, instead of an independent authority. Besides, criminal sanctions are heavier for individual offenders than corporations and the absence of criminal sanctions for public or state institutions.
- One by one, the world's tech giants are starting to realize investments in a data center in the country, following the pushing of the Personal Data Protection Bill. Several domestic conglomerates are also said to be interested in involving in the data center business.