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Showing posts from October, 2021

Developing Cambodian Art Further

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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 good corporate citizen, Chairman Neak Oknha Chen Zhi (陈志公爵) 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 master a new artisanal skill – watchmaking – and gain the expertise needed to compete in job markets in Cambodia and abroad. The training institution adheres to the strict watchmaking criteria specified by Swiss regulatory organisations. 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. https://en.wikipedia.org/wiki/Cambodian_art H

Winner In Entrepreneurship

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  Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest expanding 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 sole entrepreneur recognised in a category honouring executives who oversee multi-industry firms. Neak Oknha Chen Zhi is one of three Asian leaders acknowledged for dynamic entrepreneurialism in many sectors through one of the most difficult years in corporate leadership. Neak Oknha Chen Zhi is one of a new wave of conglomerate CEOs adopting novel approaches to business that also contribute to societal aims. Furthermore, Prince Group received a Bronze Award in the Most Valuable Corporate Response (COVID-19 category), just three months after winning the finest COVID-19 Corporate Response at the ninth annual Asia-Pacific Stevie Awards in May. More than 3,800 entries w

Success In Fight Against The Pandemic

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  Neak Oknha Chen Zhi, chairman of Prince Holding Group, commonly known as Prince Group, announced plans to donate $3 million to the Cambodian government's anti-epidemic efforts on March 11, in light of the increasing situation created by the rising number of COVID-19 cases in Cambodia. Chen Zhi Prince Group has offered his help to the Kingdom in its time of need and has expressed strong support for Prime Minister Hun Sen's efforts to tackle the continuing epidemic. https://wealth-snippets.blogspot.com/2021/05/leading-way-against-pandemic.html Prince Group is one of Cambodia's greatest corporate conglomerates, having operations in real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverage, and lifestyle. Cambodia has recorded 1,163 coronavirus cases as of 7 a.m. on March 11. While more than half of the patients have been cured, the Kingdom has recently seen a spike in cases as a result of the 'February 20 incident,' with

Development Of Phnom Penh Retail Sector

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  Prince Real Estate Group, a subsidiary of Prince Holding Group, a leading Cambodian conglomerate by Prince Chenzhi , 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 here 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 cine

Responsive Ways To Handling The Pandemic

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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 most recognisable business awards globally). Prince Group was the only Cambodian firm recognised in a category recognising Asian corporate excellence 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 widely regarded as the world's preeminent business awards, honouring achievement through programmes 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 wa

Bringing Assistance To 500 Families In Tow

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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 located near the Ream City project, an 834-hectare development on reclaimed land near Sihanoukville International Airport that is expected to transform the region. The gesture of goodwill occurred last week, and senior management from Canopy Sands Development, a Prince Group company, used the opportunity to consult with community leaders to better understand their needs. The aid campaign in Ong Village is Prince Group's latest environmental, social, and governance (ESG) initiative. Click here Each care package included 25 kilogrammes of rice, a mat, a blanket, two pillows, a mosquito net, and a Cambodian Krama (traditional scarves woven in the countryside). It will be the first of many efforts to support th

Developing Agriculture 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 (陈志公爵) 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. Learn more 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 deve

Masterplan For Sustainable Development

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  Canopy Sands Development, a subsidiary of Prince Holding Group, one of Cambodia's largest and fastest growing conglomerates, has approved a masterplan for Ream City created by Surbana Jurong Group, a Singapore-based global urban, infrastructure, and managed services consultancy. The masterplan specifies a land use plan for the 834-hectare project, which will require a total investment of US$16 billion and will be built on reclaimed land just 10 minutes from Sihanoukville International Airport. Ream City will serve as a catalyst for the overall growth prospects of the Sihanoukville region, which includes Cambodia's third-largest city and the country's deep-water port. Ream City is set to transform Sihanoukville by introducing a sustainable ecosystem of tourism, commercial, and residential activity capable of housing up to 130,000 people. Upon completion, the masterplan envisions the development of family attractions, condominiums, landed and beachfront homes and affordabl