Posts

Additional Contributions To Laos

Image
  Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia's largest and fastest expanding businesses, has made a US$2 million donation to support the Laotian government in its fight against the COVID-19 pandemic. Cambodia Chen Zhi had also provided $1 million earlier in September. Both donations reflected Prime Minister Hun Sen's call for the two neighbouring countries to boost bilateral COVID-19 collaboration. Guy Chhay, a board member of Prince Holding Group, completes the donation on Chen Zhi's behalf at the Peace Palace in Phnom Penh. The two donations, which total US$3 million, are intended to assist the Laotian people in their fight against the pandemic. Read more With Cambodia being one of the most vaccinated countries in the world, Chen Zhi, an entrepreneur and Mekong region business leader, understands how critical it will be for Cambodian enterprises to support surrounding countries' anti-COVID efforts. Prince Holding Group, as a significant Ca

Launch Of Scholarship To Build The Future

Image
  Prince Holding Group ("Prince Group"), one of Cambodia's largest conglomerates, has signed an agreement with the Ministry of Education, Youth, and Sport (MoEYS) to launch a scholarship programme for Cambodian university students. Prince Group will cover all tuition and stipends for 400 selected students pursuing Bachelor of Science degrees at top Cambodian universities such as the Royal University of Phnom Penh, the National University of Management, and the Institute of Technology of Cambodia. Over the course of seven years, Prince Group will contribute more than $2 million. Because public-private partnerships are critical, Prince Group will collaborate with the government to achieve the goals outlined in the Education Strategic Plan (2019-2023). Prince Group will collaborate with MoEYS to ensure students receive financial assistance, training, mentoring, and job opportunities to help them learn in three areas: sustainable development of the real estate sector, advance

Rebranding Strategy For The Future

Image
  Prince Foundation, formerly known as Prince Charitable Foundation, has unveiled a new logo, name, and vision 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 conglomerates, with various units 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"). The rebranding exercise follows an exhaustive review of Prince Foundation's previous six years of high-impact philanthropic activities, during which time it held more than 250 charity events benefiting more than half a million Cambodians, with total donations exceeding US$14 million. As a result of the emerging trend among similar foundations in Asia – more charitable foundations in the region are seeking to become more strategic and investment-oriented i

Career Sponsorship Through Partnership

Image
  For the coming 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 Caring for Cambodia's Career Preparation programme, which provides free education to 7,000 impoverished students. The cooperation with Caring for Cambodia, which was announced on International Youth Day, demonstrates how Prince Group is embarking on a new path at a critical moment when youth unemployment is likely to rise as the COVID-19 epidemic scenario in Cambodia worsens. 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,” stated Jamie Amelio, Founder and CEO of Caring for Cambodia. “In the new environment defined by the COVID-19

Cambodian Donations Made To Laos

Image
  In response to Cambodian authorities' appeal to boost collaboration with Laos in fighting the pandemic, Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia's largest and fastest expanding conglomerates, has contributed US$1 million to the Laos government. Chen Zhi is no stranger when it comes to Cambodia. He is the driving force behind Prince Holding Group, Prince Real Estate Group, Prince Bank, Prince Huan Yu, Belt Road Capital Management, and Cambodia Airways, all of which are successful Cambodian businesses. Learn more At the 2021 International Business Awards, the Cambodian entrepreneur was also named Entrepreneur of the Year – Conglomerates, making him the only entrepreneur rewarded in a category honouring CEOs of multi-industry firms. He is also one of three Asian CEOs acknowledged for innovative entrepreneurialism in various sectors during one of the most difficult years in corporate leadership. In an era when major corporations are meeting their soc

Recognition For Best Corporate Response Practices

Image
  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 eighth annual Asia-Pacific Stevie Awards (one of the most recognisable business awards globally). Chen Zhi Prince Group was the only Cambodian firm recognised in a category recognising Asian corporate performance in COVID-19-related crisis management. The Asia-Pacific Stevie Awards are the only business awards programme that recognises workplace innovation across the Asia-Pacific region's 29 countries. For 19 years, The Stevie Awards have been generally regarded as the world's preeminent business awards, honouring success through events such as The International Business Awards®. “The recognition solidifies our belief that the private sector has an important role to play in contributing to global recovery. We will continue to assist the community in Cambodia as we respond to the lat

Development Of New Skills In Cambodia

Image
  Many people's working life have been altered as a result of the global pandemic, including in Cambodia. Chairman Neak Oknha Chen Zhi (陈志公爵) and Prince Group, as responsible corporate citizens, have built Cambodia's first independent watch school, the Prince Horology Vocational Training Center. The training centre provides Cambodians with the opportunity to master a new artisanal skill – watchmaking – and get the expertise essential to compete in both domestic and international job markets. The training institution adheres to the stringent watchmaking regulations established by Swiss regulatory organisations. Cambodia, as a country steeped in history, has long preserved artisanal skills for generations, with the Kingdom renowned for its ancient handwoven silk and traditional handicraft industries, which date all the way back to the Khmer Empire, a significance Chen Zhi Cambodia and Prince Group have always recognised and appreciated. However, new artisanal skills must be intr