Full tuition fees and stipends for 400 university students to advance sustainable development, financial inclusion and world-class hospitality; Awardees to get internship and employment opportunities at Prince Group
News on Chen Zhi and Prince Group
Prince Group Chairman Neak Oknha Chen Zhi Wins Entrepreneur of the Year – Conglomerates at 2021 International Business Awards
2021 IBA received more than 3,800 entries from organizations in 63 nations as leaders of conglomerates tasked with need to tackle diverse social problems
Prince Group Partners with Caring for Cambodia, Sponsors Career Prep Program
Prince Charitable Foundation will work with leading education-focused charity to enhance academic and career prospects of 7,000 students in new post-pandemic normal
Ream City project set to transform Sihanoukville: Canopy Sands
The masterplan for Ream City in the Sihanoukville province of Cambodia was recently unveiled, set to transform the region into an exciting destination. With a beachfront stretching beyond 6 km, this large-scale development will incorporate a sustainable ecosystem of tourism, commercial, and residential activity that has the potential to house up to 130,000 residents.
Prince Group Recognized For Corporate Response To COVID-19 In 2021 Asia Pacific Stevie Awards
Prince Group secures a Silver Stevie® Award for COVID-19 Response – Most Valuable Corporate Response becoming the only firm in Cambodia to win in the category [Phnom Penh, 12 May, 2021] – Prince Holding Group (“Prince Group”), one of Cambodia’s largest and fastest growing conglomerates, has emerged as a Silver winner in the eighth annual Asia-Pacific Stevie Awards (one of the most recognizable business awards globally) in the COVID-19 Corporate Response category. Prince Group was the only firm from Cambodia recognized in a category seeking to recognize excellence in COVID-19-related crisis management by Asian corporates. The Asia-Pacific Stevie Awards are the only business awards program to recognize innovation in the workplace across all 29 nations in the Asia-Pacific region. The Stevie Awards are widely considered to be the world’s premier business awards, conferring recognition for achievement in programs such as The International Business Awards® for 19 years.
Chen Zhi and Prince Holding Group at Forefront of Cambodia Private Sector’s ESG Initiatives
PHNOM PENH, CAMBODIA – 8 December 2020 – COVID-19 has highlighted the importance of environment, social and governance (“ESG”) practices at companies across the world. But there was talk of change even before the outbreak of the pandemic. Last year, the Business Roundtable (a group representing 181 CEOs of America’s largest corporations) outlined that companies must “support the communities in which they operate”[1], upturning the longstanding focus on wealth maximization for shareholders espoused by American economist Milton Friedman.
In 2020, times have changed.
This year, Prince Holding Group (“PHG”), one of the largest conglomerates in Cambodia, has realized this and blazed a trail for companies in the Kingdom looking to follow ESG principles. Since April, the Group has made several large-scale donations to help in the fight against the pandemic and assist flood victims, and Neak Oknha Chen Zhi (陈志公爵), PHG chairman, has been the driving force behind the donations. For example, in early December, Chen Zhi and PHG donated US$3,000,000 to Prime Minister Hun Sen to help Cambodia purchase 1 million COVID-19 vaccines.
To boost appeal of sports in Cambodia, Chen Zhi and Prince Group Back National Volleyball Team for 2023 SEA Games
PHNOM PENH, CAMBODIA – 18 December 2020 – There are multiple ways companies can achieve their environment, social and governance (ESG) responsibilities. Investing in sports development is one approach as it contributes to youth development, education, and health, sectors in Cambodia that Chairman Neak Oknha Chen Zhi (陈志公爵) andPrince Group strongly believe in.
The benefits of sports development in countries like Cambodia are well documented. Countries with a healthy sporting culture generally see over time reduced healthcare costs and improved social cohesion. A strong believer in the potential of Cambodia, Chen Zhi participates in any opportunity that can help raise Cambodia’s international standing, such as sports development.
Chen Zhi and Prince Group Raise Awareness for Sustainable Agriculture in Cambodia with Launch of Prince Manor Resort
PHNOM PENH, CAMBODIA – Media OutReach – 30 December 2020 – Around the world, the COVID-19 pandemic has reset fundamental assumptions underpinning various industries. In Cambodia, environmental conservation is now an important feature in recovery efforts for the agriculture sector, and Neak Oknha Chen Zhi (陈志公爵) and Prince Group are spearheading change in the sector.
Agriculture is a mainstay in Cambodia employing more than a third of the workforce[1], and the current crisis is an important moment for the sector as it faces an opportunity to “build back better”[2], according to CGIAR, the world’s largest agricultural research network.
Chen Zhi and Prince Group Bring the Art of Swiss Watchmaking to Cambodia
BEIJING, CHINA – 20 January 2021 – The global pandemic has changed the working lives of many people across the world, including in Cambodia. Chairman Neak Oknha Chen Zhi (陳志公爵) and Prince Group, being a responsible corporate citizen, have opened the Prince Horology Vocational Training Center, Cambodia’s first independent watch school. The training center gives Cambodians the opportunity to learn a new artisanal skill — watchmaking — and gain the necessary experience to help them in job markets in Cambodia and abroad. The training center follows the strict regulations for watchmaking outlined by regulatory bodies in Switzerland.