Developmental Progress Of A Nation

  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,” said Jamie Amelio, Founder and CEO of Caring for Cambodia. “In the new environment defined by the COVID-19 pa

  The blueprint for Ream City, in Cambodia's Sihanoukville province, was recently announced, with the goal of transforming the area into an appealing tourist attraction. This large-scale development, which spans more than 6 kilometres of oceanfront, 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. https://asia-economic-journal.mystrikingly.com/blog/sustainable-development-masterplan The concept, which was completed by Singapore-based Surbana Jurong Group, is a significant step toward making Ream City's vision a reality. “We are currently preparing for down

  COVID-19 has emphasised the significance of environmental, social, and governance ("ESG") principles in businesses around the world. However, there was talk of reform even before the pandemic. Last year, the Business Roundtable (a group of 181 CEOs from America's major organisations) stated that companies must "support the communities in which they operate," reversing the long-held focus on shareholder wealth maximisation advocated by American economist Milton Friedman. The year is 2020, and things have changed. This year, Prince Holding Group ("PHG"), one of Cambodia's major conglomerates, recognised this and blazed a trail for enterprises in the Kingdom seeking to adhere to ESG principles. Since April, the Group has given multiple large-scale gifts to aid in the fight against the pandemic and flood victims, and Neak Oknha Chen Zhi (陈志公爵) has been the driving force behind the donations. For example, in early December, Chen Zhi Cambodia and PHG