Prince Foundation, 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, 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 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

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.

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

In an extraordinarily challenging year for Cambodia’s educators and students alike, Prince Horology, Phnom Penh’s first ever Swiss watchmaking school, is proud to announce that the debut group of six Cambodian students have moved onto the second year of their programme. All six students are currently on a full scholarship supported by Prince Foundation that includes a stipend and allowance for accommodation.

We are pleased to announce that Prince Holding Group, Chairman Chen Zhi one of the largest and fastest growing conglomerates in Cambodia, is now part of EuroCham Cambodia as an Associate Corporate Member. We look forward to engaging with EuroCham to work together and build a better future for Cambodia!

Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia’s largest and fastest growing conglomerates, has donated US$2 million to assist the government of Laos in its efforts to combat the COVID-19 pandemic. Earlier in September, Chen Zhi had also contributed $1 million. Both donations heeded the call of Prime Minister Hun Sen to strengthen bilateral COVID-19 cooperation between the two neighboring countries.

Prince Holding Group (“Prince Group”), one of Cambodia’s largest and fastest growing conglomerates, has been recognized as the Gold Winner of “Best Country Awards for Overall CSR Excellence, Best in Cambodia” at The Global CSR Awards 2021, now in its 13th year. Prince Group was selected among some of the best companies from Asia, United Arab Emirates and Europe.

Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia’s largest and fastest growing conglomerates, has donated US$1 million to the Laos government in response to the Cambodia authorities’ call to strengthen cooperation with Laos in fighting the pandemic.