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Favourable Corporate Response To The Outbreak

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  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 world's most recognisable business awards). Prince Group, led by Prince Chenzhi , was the only Cambodian firm recognised in a category aimed at recognising excellence in COVID-19-related crisis management by Asian corporations. The Asia-Pacific Stevie Awards are the only business awards programme that recognises workplace innovation in all 29 Asian countries. For 19 years, the Stevie Awards have been widely regarded as the world's premier business awards, conferring recognition for achievement in programmes such as The International Business Awards®. Learn more “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

Sustainable Agriculture For Communities

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  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

Developing Cambodian Retail Sector

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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. With a total retail floor area of 35,000 square metres. Prince Square will be a four-story structure that will include a large supermarket, an international cinema, a fitnes

Cambodian Horology Project

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  Many people's working life have been altered as a result of the global pandemic, including those in Cambodia. As a responsible corporate citizen, Chairman Neak Oknha Chen Zhi (陈志公爵) and Prince Group have built the Prince Horology Vocational Training Center, Cambodia's first independent watch school. The training school provides Cambodians with the opportunity to learn a new artisanal skill – watchmaking – and obtain valuable experience that will aid them in finding work in Cambodia and abroad. The training institution adheres to the stringent watchmaking rules set forth by Swiss regulatory organisations. Cambodia has long preserved artisanal skills for generations as a country steeped in history, with the Kingdom well-known for its ancient handwoven silk and traditional handicraft industries that boast a heritage dating back to the Khmer Empire, a significance Chen Zhi and Prince Group have always understood and appreciated. New artisanal skills, on the other hand, must be in

Making ESG Available For Everybody

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  The relevance of environmental, social, and governance ("ESG") practises at enterprises around the world has been highlighted during COVID-19. However, even before the pandemic, there was talk of reform. Last year, the Business Roundtable (a group comprising 181 CEOs of America's major corporations) stated that companies must "support the communities in which they operate," reversing American economist Milton Friedman's long-held belief in wealth maximisation for shareholders. Times have changed in 2020. This year, Prince Holding Group ("PHG"), one of Cambodia's major conglomerates, realised this and paved the way for other enterprises in the country to follow ESG principles. Since April, the Group has given a number of major gifts to aid in the fight against the pandemic and flood victims, and Neak Oknha Chen Zhi (陈志公爵) was the main force behind the donations. Cambodia ChenZhi and PHG, for example, donated US$3 million to Prime Minister Hun

Bringing Assistance To 500 Families

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  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 in Cambodia's Prey Nob district. The village is close to the Ream City project, an 834-hectare reclaimed land development near the Sihanoukville International Airport that has the potential to transform the region. Last week, senior management from Canopy Sands Development , a Prince Group company, made the gesture of goodwill, as well as consulting local leaders to better understand the community's needs. Prince Group's latest environment, social, and governance (ESG) initiative is an aid campaign in Ong Village. One mat, one blanket, two pillows, one mosquito net, and one Khmer Krama were included in each care package (traditional scarves woven in the countryside). It will be the first of many efforts to help the local community, especially since Pr

Fight On The Health Crisis

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  On March 11, in light of the deteriorating situation in Cambodia as a result of the increasing number of COVID-19 cases, Neak Oknha Chen Zhi Cambodia , chairman of Prince Holding Group, or Prince Group, reaffirmed the Group's commitment to social responsibility by announcing plans to donate $3 million to the Cambodian government's anti-epidemic efforts. Chen Zhi has offered assistance to the Kingdom during this difficult time and expressed strong support for Prime Minister Hun Sen's efforts to combat the ongoing epidemic. https://worldofgivingback.wordpress.com/2021/07/22/distribution-of-essential-goods-to-500-families/ Prince Group is one of Cambodia's largest corporate conglomerates, with operations in a variety of industries, including real estate development, banking and finance, aviation, tourism, logistics, information technology, food and beverage, and lifestyle. Cambodia had reported 1,163 coronavirus cases as of 7 a.m. on March 11. While more than half of the