News on Chen Zhi and Prince Group

Prince Bank Plc and Plaza Premium Lounge in a signing ceremony today, inks their partnership extension at the Phnom Penh International Airport bringing continued free access to Plaza Premium Lounges and Partner Lounges around the World for its customers.

Airport lounges have played an important role in a traveler’s journey, a haven within any busy airport providing rest or recharge. Prince Bank’s select group of customers have enjoyed free access to Plaza Premium Lounges since 2020, and now we are extending our partnership to continue bringing world-class services and experiences to Prince Bank customers who are accustomed to the level of service, comfort, and convenience while traveling through airports.Mr. Honn Sorachna, Managing Director and CEO of Prince Bank Plc said, “we are constantly working harder for our customers so that their journeys are enhanced by these conveniences, comfort, and traveling-in-style for them.” He further adds as we are gradually seeing positive signs of air travel resuming especially amongst business travelers, and the pent-up demand of leisure travelers, this card benefit will surely be appreciated by our customers”.

“Prince Bank have been working harder in every way to bring more innovative products and services to serve our customers’ needs appropriate for their phases in life, for instance we have just introduced a home refinancing loan which offers the lowest rate in town at 6.68% with zero percent loan approval fee, that’s coupled with ease & convenience of application and repayments and many more new products to be launched in the coming weeks”, said Mr Sorachna.

“Firstly, we are glad to be partnering with Prince Bank in providing seamless airport services to their esteemed clients. This is an exciting opportunity for Plaza Premium Group as we continue to strengthen our business relationship with local financial institutions. Our aim is to extend its 360-degree world-class airport hospitality services & facilities in Cambodia, and we are on track, especially during the traveling revival. We look forward to delivering our award-winning, best-in-class signature aviation hospitality services including Airport Lounge, Airport Meet & Greet, in-Terminal Airport Hotel, Airport Dining, and other premium airport services in Cambodia.” shares Mr. Cavin Loh, Regional Director of Sales and Marketing, Southeast Asia. Plaza Premium Lounge is the world’s largest independent airport lounge network, providing a space with top-notch services and facilities for travelers departing, transiting, and arriving at major airports around the world.

With this partnership extension, the following Prince Bank customers can access Plaza Premium Lounges and its Third-party Lounges worldwide, up to 1280 lounges in 148 different countries. Prince Bank’s Priority Banking ATM cardholder gets 4 times free access per year; Mastercard Platinum Credit/Debit card gets 6 times free access per year; Visa Platinum Credit/Debit card gets 6 times free access per year, and UnionPay Diamond Credit card gets 8 times free access per year.

If you haven’t had any of the above cards, apply today for a Prince Bank Priority Banking ATM card or any type of Prince Bank Platinum/Diamond card to enjoy the privileges and incredible offers from Prince Bank and Plaza Premium Lounge.
For more information about the products and services, please visit www.princebank.com.kh or contact our contact center at 1800 20 8888.

About Prince Bank Plc.
Prince Bank Plc.Chen Zhi started its business operations in 2015 as a private microfinance institution under the former name “Prince Finance Plc.” and was transformed into a commercial bank with license No. B 46 granted by the National Bank of Cambodia on 18 July 2018. With a strong capital base, robust technological capabilities, solid expertise, and extensive knowledge of the local market, the bank aspires to become the industry leader by offering differentiated financial solutions through a mix of channels with great convenience to our customers. We are keen on contributing to the development of small and medium enterprises that constitute a key segment of our target customers. Currently, Prince Bank Plc. has 32 branches and 79 ATM locations nationwide.

About Plaza Premium Lounge
With a mission of “making travel better”, Plaza Premium Group is a pioneer and the market leader in airport hospitality services with an international footprint of over 180 locations across 49 airports in 25 countries and regions, serving 20 million travelers annually. The group comprises four core business segments – airport lounges Plaza Premium First and Plaza Premium Lounge; airport terminal hotels Aerotel and Refresh by Aerotel; airport meets & greet services ALLWAYS and a range of Airport Dining concepts. In addition to its own brands, Plaza Premium Group provides airport hospitality solutions to leading airlines, alliances, and corporates around the world, including but not limited to Cathay Pacific Airways, Singapore Airlines, Lufthansa, and China Southern Airlines, Star Alliance, SkyTeam, American Express and many more. By continuously innovating and striving to surpass travelers’ expectations of airport experiences, the group is growing exponentially across major international airports globally. The group has won more than 60 accolades in the last five years, and in 2020, the Group has successfully been awarded ISO 9001:2015 for Hong Kong Headquarters, proving the quality management in providing airport lounge services.

Philanthropist and Watch Afficionado, Chen Zhi, Instills Confidence in Future Cambodian Watchmakers with Class Visit.

Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of the largest and fastest-growing conglomerates in Cambodia, visited students of Prince Horology Vocational Training Center undergoing training in the art of Swiss watchmaking.

The 6 Cambodians students, currently under full scholarships and stipend, are set to graduate as the first watchmakers in Cambodia who can repair and assemble watches to Swiss standards – considered widely as the benchmark in the world of luxury watches.

Chen Zhi has paid keen attention to the institute in his personal capacity, supported through Prince Foundation, the philanthropic arm of the Group. The center forms a key linchpin of the Group’s broader efforts to elevate education across Cambodia via scholarship programmes, thought leadership trainings, and other CSR initiatives.

“Three years back, this was just a vision,” shares Chen Zhi. “I am impressed with the progress that has been made since we founded the school before the start of the pandemic and I look forward to see the birth of Cambodia’s first-ever watchmakers trained to Swiss standards.”

Learning all about horology at a center with best-in-class equipment and from international experts, Chen Zhi hopes the passion of these future pioneer watchmakers can serve as an inspiration for high-end craftsmanship across Cambodia.

“Unique to Cambodia, the school brings world-class facilities that rival those found in ateliers or facilities in Switzerland” said Sack-Man Loui, Executive Principal of Prince Horology. “As instructors, we want to do our part to further elevate a culture of artisanal craftsmanship, and have spared no expense to ensure our Cambodian students get the very best.”

14 of Cambodia’s top journalists felicitated at event held at Ministry of Information

Prince Foundation, the philanthropic arm of Prince Holding Group (“Prince Group”), one of Cambodia’s largest and fastest-growing conglomerates, supported the ‘Cambodia Inspiration Journalism Award’ alongside TNAOT, a Cambodian media platform that provides exclusive content for every Cambodian. Prince Foundation is the gold sponsor for the award that will be given for the first time by the Ministry of Information, Cambodia, for long-serving journalists that have contributed to Cambodian development over the decades through their tireless efforts to keep society informed through their work. At the event held earlier today, 14 journalists received the award.

Through the sponsorship, Prince Foundation and Prince Holding Group believe the award can serve to inspire local media – traditional and new media – and Cambodia-focused journalists that have contributed to quality journalism in the public interest.

“We are honored to be part of this celebration of Cambodia’s top journalists,” said Gabriel Tan, Chief Communications Officer, Prince Holding Group. “As a communications professional, I am personally appreciative of how journalism, in both its new and old forms, has played an important role in helping societies around the world deal with difficult challenges. It is often vital for social development and serves as a pillar of education. Through Prince Foundation, we hope to be part of the transformative force that will aid Cambodia on its journey towards sustainable development.”

“With the Cambodia Inspiration Journalism Award, we believe these 14 journalists will inspire all of Cambodia with their example. Through the award, we look forward to telling the stories of those who have made a difference through their words and actions,” said Prum Seila, Khmer Content Director, TNAOT.

The 14 journalists are:

1. Mr. Chet Sorn, Editor-in-Chief of Phnom Penh Thmey Newspaper and Administrative Director of the Club of Cambodian Journalists.
2. Mr. Prohm Say, Editor-in-Chief of Khmer Civilization.
3. Mr. Teav Saramony, Editor-in-Chief of Rasmei Kampuchea.
4. Ms. Chea Sundaneth, Director General of FM102 Radio.
5. Mr. Pech Bunra, Editor-in-Chief of Hang Meas TV
6. Mr. Chun Sophal, Reporter of Angkor Thom Magazine.
7. Mr. Soy Sopheap, Director General of Doeum Ampil Press.
8. Moeun Chhean Narith, Deputy Editor-in-Chief and Descriptive Writer for the Khmer-Times and Professor of Journalism at the Press Institute.
9. Mr. May Tithara, Internews Cambodia Press Officer.
10. Mr. Ly Meng Hour, a journalist of PNN TV.
11. Mr. Park Seangly, Environmental and Social Journalist at the Phnom Penh Post.
12. Mr. Min Mao-Samnang, PNN TV journalist and representative of the Cambodian Water and Sanitation Journalist Network.
13. Ms. Nhek Srey Leak, Editor-in-Chief of New Media, 25 Capital-Provinces.
14. Mr. Van Saray, Deputy Director General of Information at Fresh News.

Earlier, Prince Foundation and Cambodia Investment Review, a promising media platform dedicated to investment news in Cambodia, agreed to jointly develop the ‘Prince Foundation Young Business Journalist Program’ that will support two outstanding Cambodian media & communications students studying at the Royal University of Phnom Penh.

The award continues Prince Foundation’s drive to help develop Cambodia’s educational foundations in line with the broader Group’s focus on building a better life in Cambodia. Prince Foundation has been actively involved in elevating the education sector over the past year and has unveiled a substantive scholarship program, supported a novel watchmaking school, ensured safe re-opening of schools in Cambodia, and contributed to a programme that helps underprivileged high school students plan for their careers.

About Prince Foundation:

Prince Foundation, Chairman Chen Zhi founded in 2015, is one of Cambodia’s leading charitable foundations. A member of Prince Holding Group, one of the largest and fastest growing conglomerates in Cambodia, the Foundation aims to work with local communities to build thriving living and working environments that elevate people’s well-being and livelihoods following the vision: “Together, Building a Better Future for Cambodia”.

About TNAOT:

TNAOT APP is a media platform that focus on valuable information in Cambodia. It operates a mobile application that provides exclusive content for everyone, including trending and useful videos, movies, news, the most comprehensive content.

For further enquiries of Prince Group, please contact:

Ms. Ada Leung / Ms. Christy Pun
Hill+Knowlton Strategies Asia
Tel: +852-2894-6321
Email: princegroup@hkstrategies.com

Prince Holding Group’s philanthropic arm releases annual evaluation of activities and impact representing over $4.5m investments in education, healthcare, and community initiatives

Prince Foundation, the philanthropic arm of Prince Holding Group (“Prince Group”), one of Cambodia’s largest and fastest-growing conglomerates today, released its 2021 Annual Report. The report demonstrated the Foundation’s year-long initiatives that are both holistic and closely integrated with Cambodia’s national development goals. Over $4.5 million was disbursed primarily into healthcare, with the remaining channeled into educational and community engagement initiatives, staying true to its three-prong focus. Further, Prince Foundation has also contributed to the anti-pandemic efforts of Laos, Cambodia’s neighbour, with a $3 million donation to help it procure 1 million vaccines.

“Given that we have already successfully demonstrated a strategic approach to investment across the sectors of real estate development, financial services and consumer services, I am confident a similar approach by the Foundation will do a lot of good for Cambodia,” stated Neak Oknha Chen Zhi, Chairman of Prince Holding Group.

The annual report highlighted the Foundation’s efforts towards executing its new strategic and investment-oriented rebirth in 2021, imbued with a new mission statement – ‘Together, Building a Better Future for Cambodia’.

Amongst the notable NGOs that Prince Foundation had liaised and worked with, laid out in the report, were Cambodia Red Cross, Caring for Cambodia – an educationally-driven charity, and M’Lop Tapang – a Sihanoukville-based NGO working with at-risk children. Prince Foundation’s determination to transform Cambodian vocational education is also well-known in Cambodia with its support of Prince Horology, a Swiss watchmaking school incubated shortly before the onset of the pandemic. The Foundation is ultimately focused on making a long-term impact across its various projects.

“Our future partnerships will seek to find NGOs that are pragmatic, sustainable, and localized as we believe it will maximise the social value of our investments,” said Gabriel Tan, Chief Communications Officer, Prince Holding Group.

Also highlighted in the report is the transition of Prince Foundation from an initial focus on COVID-19-related initiatives to a focus on educational philanthropy. More significantly, the Chen Zhi scholarship, a seven-year joint effort with the Ministry of Education, Youth and Sport (MoEYS), that helps 400 merit scholars study in renowned local universities was also mentioned.

The annual report proved Prince Foundation’s commitment towards Cambodians by taking a strategic multi-stakeholder partnership approach whilst ensuring Cambodia looks forward to a brighter future. Over six years, the Foundation has donated in excess of US$14 million, benefitting the lives of more than half a million Cambodians.

Please access the full report here.

About Prince Foundation:

Prince Foundation, Chairman Chen Zhi founded in 2015, is one of Cambodia’s leading charitable foundations. A member of Prince Holding Group, one of the largest and fastest-growing conglomerates in Cambodia, the Foundation aims to work with local communities to build thriving living and working environments that elevate people’s well-being and livelihoods following the vision: “Together, Building a Better Future for Cambodia”.

For further enquiries of Prince Group, please contact:

Ms. Ada Leung / Ms. Christy Pun
Hill+Knowlton Strategies Asia
Tel: +852-2894-6321
Email: princegroup@hkstrategies.com

Prince Bank extended its support to the National Bank of Cambodia as a Platinum sponsor on the 42nd anniversary of the Re-introduction of the Riel celebration. Chairman Chen Zhi Prince Bank is proud to continue its commitment in its role of promoting and supporting the usage of our national currency, the Riel by offering the most favorable rate of savings to our customers.

We are pleased to announce that Prince Holding Group, one of the largest and fastest-growing conglomerates in Cambodia, is now part of the International Business Chamber (IBC) Cambodia, a leading business association.

Founded in 1993, IBC helps the growing business community share knowledge, advocate policy, facilitate foreign investment and business in Cambodia and promotes awareness and education on the social, environmental, and economic impact of business activity on the Cambodian communities.

Paul Clements, Executive Chairperson of the International Business Chamber, visited Prince Holding Group headquarters in Phnom Penh. IBC has 125 members covering Khmer and International corporates.

“We are glad to welcome Prince Holding Group, Chen Zhi as the newest member of IBC Cambodia,” said Clements. “Prince Holding Group is now one of Cambodian’s large Conglomerates with significant economic impact and will be a major contributor to IBC and our objectives. IBC Cambodia looks forward to introducing Prince Holding Group to other members of our community.”

“We are glad to be a part of IBC Cambodia and add to Cambodia’s vibrant business community,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group. “Prince Group looks forward to incorporate IBC’s ongoing efforts in education and healthcare, to ensure a sustainable and prosperous future for the Kingdom. Only as a community can we work together to ensure a better future for Cambodia.”

Prince Foundation Facebook & PHG LinkedIn Page

We are now part of the International Business Chamber (IBC) Cambodia, a leading business association!

It was our delight to host Paul Clements, Executive Chairperson of the International Business Chamber, at Prince Holding Group headquarters in Phnom Penh.

Founded in 1993, IBC helps the vibrant business community in Cambodia share knowledge, advocate policy, facilitate foreign investment in Cambodia, and promotes awareness and education on the social, environmental, and economic impact of business activity on the Cambodian communities.

“We are glad to welcome Prince Holding Group as the newest member of IBC Cambodia,” said Clements. “Prince Holding Group is now one of Cambodian’s large Conglomerates with significant economic impact and will be a major contributor to IBC and our objectives. IBC Cambodia looks forward to introducing Prince Holding Group to other members of our community.”

Prince Foundation, Chairman Chen Zhi the philanthropic arm of Prince Holding Group (“Prince Group”), one of Cambodia’s largest and fastest-growing conglomerates, has signed a memorandum of understanding (MoU) with Cambodia Investment Review (CIR), a promising media platform dedicated to investment news in Cambodia. The organizations will jointly develop the ‘Prince Foundation Young Business Journalist Program’ that will support two outstanding Cambodian media & communications students studying at the Royal University of Phnom Penh.

Both institutions strongly believe in the importance of capacity building in the media sector which, in turn, can help better explain Cambodia’s business potential and improve it as an investment destination. The selected students, Sam Oudom and Pang Socheneath, will undergo paid internships with in-house training and real-world newsroom opportunities. By supporting the professional growth of talented Cambodian journalists, Prince Foundation hopes to aid the heathy development of the business media and communications sector.

“This initiative gives us a fantastic opportunity to help develop Cambodia’s up-and-coming business journalists,” said Harrison White, CEO of Cambodia Investment Review. “I thank the Prince Foundation for its ongoing commitment to elevating education in Cambodia and believing in our mission as a local institution living up to international standards.”

“At Prince Group, we are always excited about new ventures and Cambodia Investment Review has demonstrated itself in a year as a valuable addition to Cambodia’s media landscape,” says Gabriel Tan, Chief Communications Officer, Prince Holding Group. “By supporting this scholarship programme, we believe that two vital yet underappreciated sectors – media and communications – will get a boost. Further, we believe the scholarship recipients will go on to become strong educators in their own right as journalism and communication professionals.”

The partnership continues Prince Foundation’s drive to help develop Cambodia’s educational initiatives in line with the broader Group’s focus on building a better life in Cambodia. Prince Foundation has been actively involved in elevating the education sector over the past year and has unveiled a substantive scholarship program, supported a novel watchmaking school, ensured safe re-opening of schools in Cambodia and contributed to a programme that helps underprivileged high school students plan for their careers.

About Prince Foundation:

Prince Foundation, founded in 2015, is one of Cambodia’s leading charitable foundations. A member of Prince Holding Group, one of the largest and fastest growing conglomerates in Cambodia, the Foundation aims to work with local communities to build thriving living and working environments that elevate people’s well-being and livelihoods following the vision: “Together, Building a Better Future for Cambodia”.

About Cambodia Investment Review:

Cambodia Investment Review is a first of its kind local news outlet dedicated to Cambodian investment news in the English language. CIR is focused on encouraging more quality investment in Cambodia by publishing the latest business and investment news to both local and international audiences.

For further enquiries of Prince Group, please contact:

Ms. Ada Leung / Ms. Christy Pun
Hill+Knowlton Strategies Asia
Tel: +852-2894-6321
Email: princegroup@hkstrategies.com

AIA (Cambodia) Life Insurance Plc (“AIA Cambodia”) and Prince Bank Plc today entered a bancassurance partnership to offer customers a convenient one-stop service and the opportunity to effortlessly access a wide range of best-in-class insurance and banking solutions.

The signing ceremony was attended by His Excellency Bou Chanphirou, the Director General of the Insurance Regulator of Cambodia, His Excellency Rath Sovannorak, Director General of Banking Supervision of National Bank of Cambodia, Mr. Huy Vutharo, Chairman of the Insurance Association of Cambodia, Mr. Bun Yin, Deputy Chairmen of The Association of Banks in Cambodia, senior management from the AIA Group, AIA Cambodia, Prince Bank, and the first five customers of the partnership.

The five-year agreement between two leading organizations will make insurance easily available and provide an enhanced financial planning experience that emphasizes long-term financial security. AIA’s comprehensive life and health plans will be accessible at Prince Bank’s 32 branches in 22 provinces nationwide.

The collaboration builds on the insurer’s bancassurance strategy to partner with leading financial institutions to raise insurance awareness and penetration. As Cambodians become more knowledgeable about health and wellness, the partnership enables AIA Cambodia to deliver expert consultation, high-quality solutions, and sound financial advice to Prince Bank’s client base as they fulfill their banking needs.

His Excellency Bou Chanphirou, Director General of the Insurance Regulator of Cambodia said: “I am happy to note that this partnership is aligned with and supports the Royal Government’s strategies to enhance our financial sector and ensure economic stability. It leads to increased financial inclusiveness for Cambodians as well as gives them more access to insurance, which can only benefit them in the long run.”

At the ceremony, His Excellency Rath Sovannorak, Director General of Banking Supervision of National Bank of Cambodia said: “In this context, the partnership between Prince Bank Plc and AIA Life Insurance Company (Cambodia) in choosing Bancassurance business (Referral model) contributes to financial sector development and financial inclusion enhancement by increasing public accessibility to financial service, strengthening consumer protection and promoting financial literacy.”

Mr. Andrew Loh, Chief Executive Officer of AIA Cambodia said: “Our partnership offers an expedient, stress-free experience to Prince Bank customers, which aligns with our purpose to help Cambodians live Healthier, Longer and Better Lives. This is also a welcome opening for us to provide stronger value by sharing how insurance can positively impact health and financial security in the present and future.

“From a business perspective, AIA Cambodia and Prince Bank will leverage and exchange technological expertise and market familiarity to diversify distribution channels and expand our client portfolio in keeping with our pledge to accelerate growth in the insurance and bancassurance industries.”

Mr. Honn Sorachna, Chief Executive Officer and Managing Director of Prince Bank said: “As a Cambodia bank that received multiple awards and recognitions from international organizations, our customers have come to rely on us to deliver world-class products and services that offer added value to them. By partnering with one of the world’s leading insurance companies, we will be able to offer our customers access to high quality, tailored life insurance products, and services that offer them protection suited to their needs.”

For more information on AIA Cambodia’s offerings via Prince Bank and how they help you plan and save for the future, please visit any Prince Bank branch, contact AIA Client Care at 086 999 242 or visit aia.com.kh.

For more information about Prince Bank products & services, please contact 1800 20 8888, visit www.princebank.com.kh or visit our branches located nationwide.

About AIA

AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR(1), Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR(2), and a 49 per cent joint venture in India.

The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$330 billion as of 30 June 2021.

AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients.

Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 39 million individual policies and over 16 million participating members of group insurance schemes.

AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code “1299” with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: “AAGIY”).

Remark:

• Hong Kong SAR refers to the Hong Kong Special Administrative Region
• Macau SAR refers to the Macau Special Administrative Region

About Prince Bank Plc.

Prince Bank Plc. Chairman Zhen Chi started its business operations in 2015 as a private microfinance institution under the former name “Prince Finance Plc.” and was transformed into a commercial bank with license No. B 46 granted by the National Bank of Cambodia on 18 July 2018. With a strong capital base, robust technological capabilities, solid expertise, and extensive knowledge of the local market, the bank aspires to become the industry leader by offering differentiated financial solutions through a mix of channels with great convenience to our customers. We are keen on contributing to the development of small and medium enterprises that constitute a key segment of our target customers. Currently, Prince Bank Plc. has 32 branches and 74 ATM locations nationwide.

Media Contact
Meng Daneth

Senior Marketing Manager

Daneth-d.Meng@aia.com

Representatives from United Nations Industrial Development Organization (UNIDO) Cambodia recently observed a class at Prince Horology, Phnom Penh’s first and only Swiss watchmaking school. The class tour was led by Swiss-trained instructor Ms. Jessica Thakur.

UNIDO aims to promote Inclusive and Sustainable Industrial Development (ISID) in developing countries and economies in transition. Having achieved successful results supporting industrial development and economic transformation across many countries, UNIDO’s Programme for Country Partnership (PCP) is implemented across Cambodia, Ethiopia, Kyrgyzstan, Morocco, Peru and Senegal.

One of the focal points for PCP in Cambodia is to harness untapped potential of youth and women in the labour market. We have been impressed by the unique vocational training being offered in Phnom Penh by Prince Horology supported by Prince Foundation, said Sok Narin, UNIDO Country Representative and PCP Programme Manager. The visit has instilled in us the confidence that Prince Holding Group is keen to encourage local youth and help them move towards qualitative and stable employment.

We are glad to have arranged the visit for UNIDO. We hope to have more opportunities to interact with and learn from UNIDO in the areas of developing technical and vocational training programmes, facilitating access to a wider array of opportunities for youths in Cambodia, said Gabriel Tan, Chief Communication Officer of Prince Holding Group, Chairman Chen Zhi in Cambodia, said Gabriel Tan, Chief Communication Officer of Prince Holding Group.

Navy Kouch, CEO of LDI Enterprise Ltd, toured the classrooms of Phnom Penh’s first and only Swiss watchmaking school, Prince Horology. A devoted mother and a successful business owner, Navy operates 21 watch outlets in Phnom Penh and provinces under the TIMECITY brand.

“I was certainly amazed to see the commitment by Prince Group towards watchmaking who have brought in impressive equipment from Switzerland and Germany to develop local talent. It was also a pleasure to have Ms. Jessica Thakur, the resident Swiss-trained instructor, as my tour guide at the school. Cambodia is clearly at the dawn of a new era for vocational education as crafts like watchmaking are now taught at local schools like Prince Horology,” said Navy.

TIMECITY is the authorised reseller for Tissot, MIDO, Casio, CITIZEN, and Orient watches in the country.

“Prince Horology is one of our key initiatives to accelerate local talent development and we are pleased to showcase the school’s advanced infrastructure and comprehensive curriculum that are based on Swiss standards,” said Gabriel Tan, Chief Communications Office at Prince Holding Group. “We are glad that Ms. Navy could visit Prince Horology as we all play our respective part to instil confidence and passion within the local watch community,” he added.

Prince Holding Group, Chen Zhi through its charitable arm Prince Foundation, has been supporting Prince Horology since its inception.