Posts

Logo Design Competition Winning

Image
  Ms. Chutth Chenda, a Cambodian employee of Prince Real Estate, has won first place in the Cambodia ASEAN Chairmanship logo design competition organised by the Ministry of Foreign Affairs and International Cooperation ("MFAIC"). Chenda was one of four Prince employees who took part in the experiment. Chenda received a US$1,000 cash prize from MFAIC for her winning entry. To recognise her efforts and accomplishments, Prince Group's management has decided to match the cash prize with an equal contribution. As a token of appreciation, the other three participants will also receive token prizes. MFAIC officially announced the winning logo design on October 28th, when Cambodia symbolically took over the ASEAN chairmanship from Brunei in an official ceremony. ASEAN, officially the Association of Southeast Asian Nations, is Southeast Asia's preeminent economic union that promotes the interests of its member countries. The annual ASEAN Summit, which will be held in Cambodia

Launch Of Scholarship In Cambodia

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 Cambodia 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, Prince Group will contribute more than $2 million. Learn more 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 e

Cambodian Contribution To Laos

Image
  Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia's largest and fastest expanding conglomerates, has donated US$1 million to the Laos government in response to Cambodian authorities' request to boost collaboration with Laos in fighting the pandemic. Cambodia ChenZhi is not unfamiliar with Cambodia. He is the driving force behind the successful Cambodian Group of firms, which includes Prince Holding Group, Prince Real Estate Group, Prince Bank, Prince Huan Yu, Belt Road Capital Management, and Cambodia Airways. 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 that honours CEOs leading multi-industry firms. Furthermore, he is one of three Asian CEOs who were acknowledged for active entrepreneurialism in many sectors during one of the most difficult years in business leadership. Learn more In an era when major corporations ar

Partnership For Career Prep

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 under Prince Chenzhi , will sponsor the Career Preparation programme run by Caring for Cambodia, a leading charity that provides free education to 7,000 impoverished students. The cooperation with Caring for Cambodia, announced on International Youth Day, exemplifies how Prince Group has embarked on a new adventure at a critical moment when youth unemployment in Cambodia is likely to rise owing to the worsening COVID-19 epidemic crisis. 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. https://cambodian-progress-nation.blogspot.com/2021/08/recognising-good-community-work.html “We are pleased to partner with Prince Holding Group as we look to expand and enhance our

Rebranding And Strategic Review

Image
  Prince Foundation, formerly known as Prince Charitable Foundation, has unveiled a new logo, a new name, and a new vision statement – "Together, We Can Build a Better Future for Cambodia." Prince Foundation is the charitable arm of Prince Holding Group ("Prince Group"), one of Cambodia's largest conglomerates with various 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"). The rebranding exercise follows an exhaustive review of Prince Foundation's six years of high-impact philanthropic 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 charitable foundations in the region are pursuing a more strategic an

Further Development Of Sihanoukville

Image
  The 834-hectare project will be overseen by a Cambodian corporation with world-renowned expertise from Singapore, sparking growth in Cambodia's third largest city. Surbana Jurong Group, a global urban, infrastructure, and managed services firm located in Singapore, authorised a masterplan for Ream City built by Canopy Sands Development, a member of Prince Holding Group, one of Cambodia's largest and fastest expanding conglomerates. The masterplan defines a land use plan for the 834-hectare project, which will be developed on reclaimed land within 10 minutes from Sihanoukville International Airport and will require total expenditures of US$16 billion. Ream City will operate as a spur for the entire Sihanoukville region's economic possibilities, as the country's third-largest city and home to the country's deep-water port. More details on Sihanoukville -  https://en.wikipedia.org/wiki/Sihanoukville Sihanoukville will be transformed by Ream City, which will introduce

Making Help To 500 Families

Image
  The charity arm of a Cambodian conglomerate involves the local community as key stakeholders in an upcoming 834-hectare project. 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, Prey Nob district, Cambodia. The village is close to the Ream City project, an 834-hectare development on reclaimed land near Sihanoukville International Airport that is set to transform the region. The gesture of goodwill occurred last week, and senior management from Canopy Sands Development, a member of the Prince Group, used the opportunity to consult with local leaders to better understand the community's needs. The aid campaign at Ong Village is Prince Group's most recent environment, social, and governance (ESG) initiative. Each care package included 25 kilogrammes of rice, a mat, a blanket, two pillows, a mosquito net, and