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Endorsement Of Safe Reopening Of Sihanoukville Schools

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  Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest-growing conglomerates, has signed a memorandum of understanding (MoU) with Plan International Cambodia, one of the world's leading development and humanitarian organisations dedicated to advancing children's rights and gender equality, for a project that will install pedal-operated handwashing stations at all levels of education in Preah Sihanouk province. The MoU was signed alongside H.E. Dr. HANG Chuon Naron, Minister of Education, Youth and Sport, at the Ministry of Education, Youth and Sport (MoEYS) in Phnom Penh. Minister H.E. Dr. HANG Chuon Naron took the opportunity to greet Prince Group Cambodia and Plan International Cambodia delegates during the ceremony. In addition to this project, he commended Prince Group Cambodia for their active participation in previous years and expressed his enthusiasm for future initiatives that will benefit the education sector. H.E. Dr. HANG Choun...

Making Contributions To Laos

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  Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia's largest and fastest expanding conglomerates, has donated US$1 million to the Laotian government in response to Cambodia's appeal for more collaboration with Laos in combating the pandemic. Prince ChenZhi is no stranger to Cambodia. He is the driving force behind the Cambodian Group's success, which includes Prince Holding Group, Prince Real Estate Group, Prince Bank, Prince Huan Yu, Belt Road Capital Management, and Cambodia Airways. Additionally, the Cambodian entrepreneur was named Entrepreneur of the Year – Conglomerates at the 2021 International Business Awards, making him the only entrepreneur to be recognised in a category honouring CEOs of multi-industry firms. Additionally, he is one of three Asian CEOs honoured for their dynamic entrepreneurialism across multiple sectors during one of the most difficult years in business leadership. Read more In an era when major corporations are meeting th...

Partnership For Sponsorship For A Better Career Future

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  For the upcoming academic year, Prince Charitable Foundation, the charitable arm of Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest growing conglomerates, will sponsor the Career Preparation programme run by Caring for Cambodia, a leading charity that provides free education to 7,000 impoverished students. The partnership with Caring for Cambodia, announced on International Youth Day, exemplifies how Prince Group has embarked on a new journey at a critical time when youth unemployment in Cambodia is expected to rise due to the worsening COVID-19 pandemic situation. Prince Group hopes to invest in Cambodia's future by empowering and validating an institutional approach to youth development by supporting the Career Preparation programme. “We are pleased to partner with Prince Holding Group as we look to expand and enhance our Career Preparation program,” said Jamie Amelio, Founder and CEO of Caring for Cambodia. “In the new environment def...

Winning Entrepreneur Of The Year

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  Prince Holding Group (“Prince Group”), one of Cambodia's largest and fastest growing conglomerates, is pleased to announce that its Chairman, Neak Oknha Chen Zhi (“陈志公爵”), has been named Entrepreneur of the Year – Conglomerates at the 2021 International Business Awards. Neak Oknha Chen Zhi is the only entrepreneur recognised in a category honouring leaders who run multi-industry businesses. Neak Oknha Chen Zhi is one of three Asian leaders recognised for dynamic entrepreneurialism in various sectors during one of the most difficult years in corporate leadership. Neak Oknha Chen Zhi is one of a new wave of conglomerate leaders considering innovative approaches to business that also contribute to societal goals. Furthermore, Prince Group received a Bronze Award in the Most Valuable Corporate Response (COVID-19 category), just three months after winning the best COVID-19 Corporate Response at the eighth annual Asia-Pacific Stevie Awards in May. More than 3,800 entries were received...

Joint Launch Of Scholarship

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  Prince Holding Group ("Prince Group"), one of Cambodia's largest conglomerates under Chen Zhi Cambodia , has signed an agreement with the Ministry of Education, Youth, and Sport (MoEYS) to establish a scholarship programme for Cambodian university students. Prince Group will cover the full cost of tuition and stipends for 400 selected students pursuing Bachelor of Science degrees at prestigious Cambodian universities, including the Royal University of Phnom Penh, the National University of Management, and the Institute of Technology of Cambodia. Prince Group will contribute more than US$2 million over a seven-year period. https://gloryoftheglobe.wordpress.com/2021/06/22/great-corporate-awards-for-community-involvement/ Due to the critical nature of public-private partnerships, Prince Group will collaborate with the government to accomplish the goals outlined in the Education Strategic Plan (2019-2023). Prince Group will collaborate with MoEYS to ensure students receive ...

Rebranding With Review Of Strategy

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  Prince Foundation, formerly known as Prince Charitable Foundation, has unveiled a new logo, name, and mission statement: "Together, Building a Better Future for Cambodia." Prince Foundation is the charitable arm of Prince Holding Group (“Prince Group”), one of Cambodia's largest corporations under Prince Chenzhi , with numerous subsidiaries focusing on three core areas: real estate development, financial services, and consumer services. In Chinese, Prince Foundation will be known as 太子慈善 (translated as "Prince Foundation"). Learn more The rebranding comes after an in-depth evaluation of Prince Foundation's previous six years of high-impact charitable operations, during which it hosted more than 250 charity events that benefited more than half a million Cambodians and raised more than US$14 million in total donations. Prince Foundation strives for its activities to be more holistic and closely integrated with Cambodia's national development goals, in li...

Cambodian Sustainable Development

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  The 834-hectare project will be overseen by a Cambodian corporation, led by Chen Zhi Cambodia , with world-renowned expertise from Singapore, sparking growth in Cambodia's third largest city. Surbana Jurong Group, a global urban, infrastructure, and managed services firm located in Singapore, authorised a masterplan for Ream City built by Canopy Sands Development, a member of Prince Holding Group, one of Cambodia's largest and fastest expanding conglomerates. The masterplan defines a land use plan for the 834-hectare project, which will be developed on reclaimed land within 10 minutes from Sihanoukville International Airport and will require total expenditures of US$16 billion. Ream City will operate as a spur for the entire Sihanoukville region's economic possibilities, as the country's third-largest city and home to the country's deep-water port. Sihanoukville will be transformed by Ream City, which will introduce a sustainable ecosystem of tourism, economic, an...

Awards For Great Community Efforts

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  Prince Group wins a Silver Stevie® Award for COVID-19 Response – Most Valuable Corporate Response, making it the first and only company from Cambodia to do so. Prince Holding Group (“Prince Group”), one of Cambodia's largest and fastest-growing conglomerates, has been named a Silver winner in the COVID-19 Corporate Response category of the ninth annual Asia-Pacific Stevie Awards (one of the most famous business awards in the world). Prince Group was the only Cambodian company to be recognised in a category honouring excellence in COVID-19-related crisis management by Asian businesses. The Asia-Pacific Stevie Awards are the only business awards programme that recognises workplace innovation in all 29 Asia-Pacific countries. For 19 years, the Stevie Awards have been generally regarded as the world's premier business awards, honouring excellence through events such as The International Business Awards®. “The recognition solidifies our belief that the private sector has an import...

Applying ESG To The Community

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  COVID-19 has emphasised the significance of environmental, social, and governance (“ESG”) practises in businesses around the world. However, there was talk of change even before the pandemic. Last year, the Business Roundtable (a group of 181 CEOs from America's largest corporations) stated that companies must "support the communities in which they operate," reversing the long-held focus on shareholder wealth maximisation advocated by American economist Milton Friedman. The year is 2020, and things have changed. This year, Prince Holding Group (“PHG”), one of Cambodia's largest conglomerates, recognised this and blazed a trail for companies in the Kingdom seeking to adhere to ESG principles. Since April, the Group has made several large-scale donations to aid in the fight against the pandemic and flood victims, and Neak Oknha Chen Zhi has been the driving force behind the donations. For example, in early December, Chen Zhi and PHG gave Prime Minister Hun Sen US$3,00...

Agricultural Development Project

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  The COVID-19 pandemic has reset fundamental assumptions underpinning various industries all over the world. In Cambodia, environmental conservation is now an important component of agricultural recovery efforts, and Neak Oknha Chen Zhi and Prince Group are leading the way. Agriculture employs more than a third of Cambodians, and the current crisis presents an opportunity for the sector to “build back better,” according to the CGIAR, the world's largest agricultural research network. Developing countries, such as Cambodia, rely on agricultural exports and must shift away from traditional farming practises that use fertilisers, pesticides, water-intensive processes, and legacy farming methods, all of which contribute to increased deforestation and soil erosion. Cambodia ChenZhi and Prince Group launched the Ecological Agriculture Plantation at Prince Manor Resort in Phnom Penh, Cambodia, earlier this year, a cutting-edge agricultural hub at a new real estate development that will ...

Cambodian Development Of Watchmaking Skills

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  Many people's working lives have been altered as a result of the global pandemic, including those in Cambodia. As a responsible corporate citizen, Chairman Neak Oknha Chen Zhi and Prince Group established the Prince Horology Vocational Training Center, Cambodia's first independent watch school. The training centre provides Cambodians with the opportunity to learn a new artisanal skill – watchmaking – and gain the experience needed to compete in job markets in Cambodia and abroad. The training centre adheres to the strict watchmaking regulations outlined by Swiss regulatory bodies. Cambodia, as a country steeped in history, has long preserved artisanal skills for generations, with the Kingdom well-known for its ancient handwoven silk and traditional handicraft industries boasting a heritage dating back to the Khmer Empire, a significance that Cambodia Prince ChenZhi and Prince Group have always understood and appreciated. However, new artisanal skills must be introduced to im...

Leading For Anti-Pandemic Initiatives

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  Prince Real Estate helps 804 poor families in Chamkarmon District who were affected by the community outbreak on February 20. Prince Holding Group (“Prince Group”), one of Cambodia's largest and fastest-growing conglomerates, and Chairman Neak Oknha Chen Zhi have announced plans to donate US$3 million to anti-pandemic efforts in the Kingdom in response to the Cambodian government's request for assistance in combating the Covid-19 outbreak on February 20, 2021. This follows Chen Zhi's original donation of US$3 million in December to assist Cambodia in purchasing COVID-19 vaccinations. More news related to Neak Oknha Chen Zhi visit  https://www.khmertimeskh.com/50824199/chen-zhi-and-prince-group-commit-3-million-to-help-cambodia-combat-rising-covid-19-caseload/ Furthermore, Prince Real Estate, a member of Prince Group, has distributed vital food supplies to 804 families in need and 234 members of the police force in Chamkarmon District, Phnom Penh, Cambodia, affected by th...

Developing The Retail Sector Of Phnom Penh

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  Prince Real Estate Group, a subsidiary of Prince Holding Group, a leading Cambodian conglomerate by Chen Zhi Cambodia , has successfully completed the investment agreement ceremony for Prince Square. The project is the real estate developer's first commercial retail project in Phnom Penh, Cambodia, and it will bring a slew of well-known brand names to the city, including Adidas, Levi's, Skechers, Nike by Supergo, Huawei, OPPO, Potato Corner, Dakasi, Panda Cake, and Pizza Hut. Phnom Penh, as a metropolitan area, is steadily integrating into the global economy. According to the Globalization and World Cities Research Network, Phnom Penh will be classified as a Gamma+ city (cities that connect smaller economic regions into the global economy) in 2020, having risen in the rankings over the previous two years. Read more -  https://en.wikipedia.org/wiki/Phnom_Penh With a total retail floor area of 35,000 square metres. Prince Square will be a four-story structure that will include...

Cambodian Help For 500 Families

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  The charity arm of a Cambodian conglomerate involves the local community as key stakeholders in an upcoming 834-hectare project. Prince Charitable Foundation, the charitable arm of Prince Holding Group (‘Prince Group'), one of Cambodia's largest and fastest growing conglomerates, has distributed care packages to 500 families in Ong village, Prey Nob district, Cambodia. The village is close to the Ream City project, an 834-hectare development on reclaimed land near Sihanoukville International Airport that is set to transform the region. The gesture of goodwill occurred last week, and senior management from Canopy Sands Development, a member of Prince Group, used the opportunity to consult with local leaders to better understand the community's needs. The aid campaign at Ong Village is Prince Group's most recent environment, social, and governance (ESG) initiative. Each care package included 25 kilogrammes of rice, a mat, a blanket, two pillows, a mosquito net, and a Kh...

Cambodian Combat On Rising COVID-19 Caseload

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  On March 11, in response to the escalating situation in Cambodia caused by the rising number of COVID-19 cases, Neak Oknha Chen Zhi , chairman of Prince Holding Group, better known as Prince Group, affirms the Group's commitment to social responsibilities by announcing plans to donate $3 million to Cambodia's anti-epidemic efforts. Chen Zhi has offered his assistance during the Kingdom's time of need and has voiced his strong support for Prime Minister Hun Sen's efforts to combat the ongoing epidemic. More on Neak Oknha Chen Zhi of Prince Group Prince Group is one of Cambodia's largest corporate conglomerates, with operations in real estate development, banking and finance, aviation, tourism, logistics, technology, food and beverages, and lifestyle. Cambodia had reported 1,163 coronavirus cases as of 7 a.m. on March 11. While more than half of the cases have been cured, the Kingdom has recently seen a surge in cases as a result of what is being referred to locally...

Swiss watchmaking forays

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  Cambodia is going through a phase of rapid skill growth. Recently, information about Swiss watchmaking interests in Cambodia has surfaced. Cambodia is a nation in Southeast Asia. The Prince Horology Vocational Training Centre was opened in early 2021.  Chen Zhi Prince Group has introduced Swiss watchmaking to the country of Cambodia to the developing sectors of people. It is Cambodia's first private security academy. Last year, a global coronavirus pandemic devastated Cambodia's economy. Chen Zhi Prince Group, a Cambodian with Chinese ancestors, works as the company's social responsibility boss at The Prince Group, a consultancy firm that focuses on Chen Zhi, a Cambodian with Chinese ancestors, works as the company's social responsibility boss. His business, Prince Group, developed the Swiss watchmaking concept in order to teach Cambodians new artisanal skills. Chen Zhi, Cambodia's honorary citizen, is driven by a strong desire to assist Cambodians in gaining exp...