Developmental Progress Rewarded

  One of Cambodia's leading corporations, Prince Holding Group ("Prince Group"), has signed a memorandum of understanding (MOU) with the Ministry of Education, Youth and Sport (MoEYS) to start a scholarship programme for Cambodian university students. Prince Group will cover the whole cost of tuition and stipends for 400 selected students pursuing Bachelor of Science degrees at leading Cambodian universities such as the Royal University of Phnom Penh, the National University of Management, and the Cambodian Institute of Technology. Over the course of seven years, Prince Group will contribute more than $2 million. Prince Group will collaborate with the government to achieve the goals established in the Education Strategic Plan, as public-private partnerships are critical (2019-2023). Prince Group will collaborate with MoEYS to ensure that students receive financial assistance, training, mentoring, and job opportunities to help them learn in three areas: sustainable real es

  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, with numerous subsidiaries focused 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 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 line with an emerging tren

  One of Cambodia's largest and fastest growing conglomerates, Prince Holding Group ("Prince Group"), has been recognised for responsible entrepreneurship at the 2021 Asia Responsible Enterprise Awards (AREA). Prince Group was recognised for its high-impact work in Cambodia during the COVID-19 epidemic. This is Prince Group's fifth award this year, and regional and international judging panels have recognised the company as a leading Asian business championing sustainable development in Cambodia and across the ASEAN region. AREA, which was founded in 2011, seeks to identify examples of green leadership, people investment, health promotion, social empowerment, corporate governance, circular economy leadership, and responsible business leadership. It has worked to build a community of like-minded peers so that Asia's best businesses can learn from one another, and Prince Group is the latest to join the list. Its goal is to encourage corporate activity that is consis

  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

  The COVID-19 pandemic has caused fundamental assumptions in different industries to be re-examined around the world. Environmental protection is now a key component of the agriculture sector's recovery efforts in Cambodia, and Neak Oknha Chen Zhi (陈志公爵) and Prince Group are leading the charge. According to CGIAR, the world's largest agricultural research network, agriculture is a mainstay in Cambodia, employing more than a third of the workforce, and the current crisis presents an opportunity for the industry to "build back better." Traditional farming techniques that use fertilisers, pesticides, water-intensive processes, and legacy farming systems that lead to growing deforestation and soil erosion must be phased out in developing countries like Cambodia. Chen Zhi Prince Group unveiled 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 would

  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 world's most recognised business awards). 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 important role to play in contributing to global recovery. We will continue to assist the community in Cambodia as we respond to the latest wave of COVID