MPWT Issues Prakas Requiring Companies to Apply for Registration and Permit for Digital Hailing Services for Road Transport Operation

The Ministry of Public Works and Transport has issued Prakas No. 100 Pr.K.PW.RT dated 21 June 2021 on the Conditions and Procedures of Issuance of Permit to Companies Conducting Digital Hailing Services for Road Transport Operation in Cambodia ("Prakas").

This Update provides the key features of the Prakas.

Guide to Lending and Security in Southeast Asia

We are pleased to bring you the 2021 Regional Guide to Lending and Taking Security in Southeast Asia ("Guide"). This Guide provides a useful overview of key legal and regulatory requirements concerning lending and taking security in Southeast Asia, focusing on Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

Leveraging on our experience in carrying out cross-border transactions through our Rajah & Tann Asia network, the Guide gives an overview of the domestic laws across the region and addresses typical key issues and considerations relating to lending and taking security.

Rajah & Tann Asia's Banking and Finance team comes highly recommended by industry commentators and international clients, including multi-national corporations who rely on Rajah & Tann Asia's experienced Banking and Finance practice to advise them on all aspects on finance transactions, including cross-border arrangements. Our strength lies in offering insightful and comprehensive legal advice made available through our Rajah & Tann Asia network of offices, including offices in Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.