Posts

Contributions Made To Laos For Anti-Pandemic Efforts

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. Cambodia 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. 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 soci...

Winning In CSR

Image
  The Gold Winner of "Best Country Awards for Overall CSR Excellence, Best in Cambodia" at The Global CSR Awards 2021, now in its 13th year, is Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest growing conglomerates. Prince Group Cambodia was chosen as one of the best companies in Asia, the United Arab Emirates, and Europe. The Global CSR Awards 2021 is one of Asia's most prestigious corporate social responsibility and corporate governance recognition awards programmes. The programme recognises and honours businesses for exceptional, innovative, and world-class products, services, projects, and programmes implemented in the past or present. These projects demonstrate the companies' leadership, sincerity, and ongoing commitment to incorporating ethical values, legal compliance, and respect for individuals, communities, and the environment into their business practises. This year, over 350 entries were received from over 100 com...

Joining IBC Cambodia

Image
  We are pleased to announce that Prince Holding Group, one of Cambodia's largest and fastest-growing conglomerates by Cambodia Chen Zhi , has joined the International Business Chamber (IBC) Cambodia, the country's top business association. IBC was founded in 1993 to assist Cambodia's rising business sector in sharing expertise, advocating for policy, facilitating foreign investment and business, and raising awareness of the social, environmental, and economic impacts of business activities on Cambodian communities. Read more about Cambodia The International Business Chamber's Executive Chairperson, Paul Clements, paid a visit to the Prince Holding Group headquarters in Phnom Penh. IBC has 125 members from Cambodian and international businesses. “We are glad to welcome Prince Holding Group as the newest member of IBC Cambodia,” remarked Clements. “Prince Holding Group is now one of Cambodian’s large Conglomerates with significant economic impact and will be a major cont...

Career Sponsorship

Image
  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 program 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 program. “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 defined...

Successful Rebranding Followed By Review

Image
  Prince Foundation, formerly known as Prince Charitable Foundation, has unveiled a new logo, a new name, and a new 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 conglomerates with several subsidiaries focused on three primary areas: real estate development, financial services, and consumer services. In Chinese, Prince Foundation will be referred to as 太子慈善 (translated as "Prince Foundation"). https://forwarddevelopmentfuture.wordpress.com/2021/10/12/combat-on-the-crisis/ The rebranding exercise follows an intensive examination of Prince Foundation's six years of high-impact charitable activities, during which it organised more than 250 charity events benefiting more than half a million Cambodians and raising more than US$14 million in cumulative donations. In line with a growing trend among similar foundations in Asia – more c...

Joint Scholarship Launch For Cambodian Future Grooming

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, the 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, adv...

Transformational Progress Of Sihanoukville

Image
  The masterplan for Ream City, in Cambodia's Sihanoukville province, was recently unveiled, with the goal of transforming the area into an exciting tourist destination. This large-scale development, which spans more than 6 kilometres of beachfront, will include a sustainable ecosystem of tourism, commercial, and residential activity, with the capacity to house up to 130,000 people. The 834-hectare project is being developed by Canopy Sands Development , a subsidiary of the Cambodian conglomerate Prince Holding Group, and will include family attractions, condominiums, landed and beachfront homes and affordable housing estates, shopping malls, business hubs, beach resorts, hotels, condotels, and a yacht and marina club. The masterplan, which was completed by Singapore-based Surbana Jurong Group, is a significant step toward making Ream City's vision a reality. Click here “We are currently preparing for downstream developments, including utilities and road infrastructure as well ...