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30th March, 2022 | 2022
Philanthropist and Watch Afficionado, Chen Zhi, Instills Confidence in Future Cambodian Watchmakers with Class Visit

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.”

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25th March, 2022 | 2022
Prince Foundation Sponsors Inaugural Cambodia Inspiration Journalism Award

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

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23rd March, 2022 | 2022
Prince Foundation Releases 2021 Annual Report

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, 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

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10th March, 2022 | 2022
Prince Foundation & Cambodia Investment Review Jointly Rollout Young Business Journalist Program

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, 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

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26th January, 2022 | 2022
United Nations Industrial Development Organization (UNIDO) Cambodia Observed a Typical Swiss Watchmaking Class in Prince Horology

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.

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13th January, 2022 | 2022
TIMECITY Watch Chain CEO Kouch Navy Tours Phnom Penh’s First and Only Swiss Watchmaking School

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

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12th January, 2022 | 2022
Caring for Cambodia Warmly Received in Visit to Prince Holding Group Headquarters

In inaugural donor meet, Prince Holding Group receives update and introduces experienced NGO professional to talented Cambodian youths working at the firm

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11th January, 2022 | 2022
Prince Group and Plan International Jointly Aid Over 39,000 Students’ Safe Return to 99 Schools in Sihanoukville

Initiate Handover of 198 Pedal-Operated Handwashing Stations & 990 Infrared Thermometers at School Reopening Ceremony Presided by Minister of Environment Say Samal and Preah Sihanouk Governor Kuoch Chamroeun

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6th January, 2022 | 2022
Prince Group Partners Plan International to Support Safe Reopening of Sihanoukville Schools with Pedal-Operated Handwashing Stations

MoU signing held at MoEYS between Prince Foundation and Plan International Cambodia, with H.E. Dr. Hang Chuon Naron as Guest of Honour

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24th December, 2021 | 2021
Cambodia’s First-ever Batch of Future Watchmakers Graduated to Second Year of Study at Prince Horology

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.

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10th December, 2021 | 2021
Announcement on Prince Holding Group’s acceptance as EuroCham Cambodia member

We are pleased to announce that Prince Holding Group, 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!

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1st December, 2021 | 2021
Prince Group Chairman Chen Zhi donates US$2M more to Laos’ anti-COVID efforts

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.

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17th November, 2021 | 2021
Prince Group Wins “Best Country Awards for Overall CSR Excellence, Best in Cambodia” at The Global CSR Awards 2021

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. 

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30th September, 2021 | 2021
Prince Group Chairman Neak Oknha Chen Zhi donates $1M donation to help Laos fight the pandemic

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.

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17th September, 2021 | 2021
Prince Group Joins Asia’s Responsible Enterprise Club

NGO Enterprise Asia picks Prince Group in Cambodia for Social Empowerment award; Organizer receives more than 500 entries

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8th September, 2021 | 2021
Chen Zhi Scholarship Jointly Launched by Prince Group and Ministry of Education Youth and Sport to Prepare Cambodian University Students For Post-Pandemic Future

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

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31st August, 2021 | 2021
Prince Foundation Celebrates Sixth Anniversary with Rebranding & Strategic Review

Charity arm of Prince Group aims to be more strategic and investment-oriented in approach

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20th August, 2021 | 2021
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

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12th August, 2021 | 2021
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

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14th May, 2021 | 2021
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

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18th March, 2021 | 2021
Chairman Chen Zhi Donates US$3M to Fight Covid-19, Leading the Way for Anti-Pandemic Initiatives Across Prince Group in Cambodia

Prince Real Estate provides daily essentials to 804 underprivileged families of Chamkarmon District affected by February 20 community outbreak

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11th March, 2021 | 2021
Chen Zhi and Prince Group Commit $3 million to Help Cambodia Combat Rising COVID-19 Caseload

On March 11, in view of the escalating situation caused by the rising number of COVID-19 cases in Cambodia, Neak Oknha Chen Zhi, chairman of Prince Holding Group, better known as Prince Group, affirms the Group’s commitment to social responsibilities, announcing plans to donate $3 million to the Cambodian government’s anti-epidemic efforts. Chen Zhi has extended his assistance during the Kingdom’s time of need and expressed strong support for Prime Minister Hun Sen’s drive to combat the ongoing epidemic.

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15th February, 2021 | 2021
Prince Holding Group Distributes Essential Goods to 500 Families Near Ream City Project

Charity arm of Cambodian conglomerate engages local community as key stakeholders for upcoming 834-ha project

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8th February, 2021 | 2021
Prince Holding Group Unveils Sustainable Development Masterplan by Surbana Jurong for Ream City in Sihanoukville

Cambodian conglomerate brings world-renowned expertise from Singaporeto oversee 834-ha project, catalyzing growth in Cambodia’s 3rd largest city

[Hong Kong, 8 February 2021] – Canopy Sands Development, a member of Prince Holding Group, one of Cambodia’s largest and fastest growing conglomerates, approved a masterplan for Ream City developed by Surbana Jurong Group, a global urban, infrastructure and managed services consultancy headquartered in Singapore. The masterplan specifies a land use plan for the 834-hectare project requiring total investments estimated at US$16 billion, and will be developed on reclaimed land conveniently located within a 10 minutes’ drive from Sihanoukville International Airport. Ream City will act as a catalyst for the growth prospects of the entire Sihanoukville region, Cambodia’s third-largest city and home to the country’s deep-water port.

Ream City is set to transform Sihanoukville by introducing a sustainable ecosystem of tourism, commercial and residential activity that has the potential to house up to 130,000 residents. Upon completion, the masterplan envisions the construction of family attractions, condominiums, landed and beachfront homes and affordable housing estates, themed shopping malls, business hubs, beach resorts, hotels, condotels, yacht and marina club. Surbana Jurong was appointed to undertake the masterplanning, urban design and coastal engineering works for Ream City.

Cambodia is located between Thailand and Vietnam and has positioned itself to be an attractive investment destination for businesses looking to expand in the ASEAN region.

Mr Yeo Choon Chong, CEO, ASEAN, Surbana Jurong said, “Cambodia continues to attract a steady flow of foreign direct investments. With our partners, we see immense potential to drive growth in this key market through our participation in iconic infrastructure projects.”

“The proposal prioritises the integration of nature to enhance the built environment. A major part of the plan includes an extensive beachfront that stretches beyond 6km. This will support a wide range of waterfront activities and inject vibrancy to the community. The plan also includes infrastructure enhancements to the community to support civic and community facilities such as schools, parks and open spaces, sports complexes, polyclinics and neighbourhood-level amenities. Once fully developed, Ream City will be an exciting destination for dining, retail, work, recreation and living.”, Mr Yeo added.

“We have liaised with Surbana Jurong for more than a year and are very happy with the masterplan they have proposed for Ream City,” said Mr Khong Weng Fook, Managing Director of Canopy Sands Development. “Surbana Jurong has consistently impressed clients around the world and are well-known for their extensive experience in urban development, deep and global talent pool, and comprehensive global coverage as they have developed masterplans for a wide variety of projects in more than 30 countries.”

“We are looking forward to working together to convert their proposed land use plan into reality and create a sustainable solution for living for the betterment of Sihanoukville and Cambodians.”

Beyond tourism, Sihanoukville Province is also diversifying economically with a growing base of entertainment, manufacturing, logistics, electricity production and agriculture businesses. It is situated at the cross-roads of major infrastructure initiatives like the Belt and Road Initiative and the Greater Mekong Subregion Economic Corridors southern route. The airport is also undergoing expansion and will initially see its capacity increase to accommodate 3.6 million passengers annually with further plans expected to deal with a potential passenger load of 10 million by 2030.

Together, Prince Group and Surbana Jurong aim to bring a holistic and meticulously planned approach to the coastal development that leverages the strengths of both parties – Prince Group, which also counts Prince Real Estate Group, Prince Bank, Cambodia Airways and Prince Huan Yu Real Estate among its group of companies, has completed numerous projects in Phnom Penh and Sihanoukville and has invested more than US$2 billion in local projects with a view to “Build a Better Life” for Cambodians.

A major part of the plan includes an extensive beachfront that stretches beyond 6km. This will support a wide range of waterfront activities and inject vibrancy to the community.

About Prince Holding Group

Prince Holding Group, better known as Prince Group, is one of the largest corporate conglomerates in Cambodia, with businesses spanning across multiple industries, including real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverages, and lifestyle sectors. Prince Group adheres to its mission of “Building a Better Life” and the Group’s philosophy espouses the values of “Commitment, Responsibility, Respect, Generosity and Innovation”.

About Canopy Sands Development:

Canopy Sands Development’s vision is to build thriving living and working environments that elevate people’s livelihoods and wellbeing and deliver lasting prosperity to local communities. Led by a local and international team of highly experienced, reputable and respected professionals, each of whom has a unique and strategically critical global perspective, Canopy Sands Development is laying the foundations that will catalyze greater economic opportunities, generate major socio-economic benefits, and ensure long-term prosperity.

A leader in real estate development, Canopy Sands Development is working to build vibrant new communities across Cambodia, each of which will be built according to the highest international standards. In doing so, the company will create significant economic, social, and educational opportunities and deliver sustainable and lasting benefits to Cambodian communities.

About Surbana Jurong:

Surbana Jurong Group (盛裕集团) is one of the largest Asia-based urban, infrastructure and management services consulting firms, with 70 years of track record in successful project delivery. Headquartered in Singapore, the Surbana Jurong Group comprises SMEC and Robert Bird Group in Australia, Sino-Sun in China, AETOS, KTP, Prostruct and SAA in Singapore, and B+H in Canada.

Our global talent pool of over 16,000 employees from more than 120 offices in over 40 countries worldwide includes architects, designers, planners, engineers and other specialists, who are driven by progressive thinking and creative ideas to help shape a better future.

Our technical experts deliver best-in-class solutions that cover the entire project life cycle from planning and design, through to delivery and management, and even decommissioning and closure. We provide a full suite of consultancy services across a diverse range of sectors such as aviation, healthcare, hospitality, transport, water and environment, energy and resources.

With a wealth of experience, we have built more than a million homes in Singapore, crafted master plans for more than 30 countries and developed over 100 industrial parks globally, building homes and designing cities that are socially, economically and environmentally sustainable, empowering communities to thrive.  For more information, please visit: surbanajurong.com.

 

For further enquiries, please contact:

Ms. Ada Leung
Hill+Knowlton Strategies Asia
Tel: +852-2894-6225
Email: Ada.leung@hkstrategies.com

Mr. Andrew Scott
Hill+Knowlton Strategies Asia
Tel: +852-5918-9896
Andrew.scott@hkstrategies.com

 

For further enquiries of Surbana Jurong Group, please contact:

Karen Yew
Group Chief Communications and Branding Officer
Surbana Jurong Group
Email: karen.yewwl@surbanajurong.com

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27th January, 2021 | 2021
Prince Holding Group Brings International Brands to Cambodia With New Commercial Retailing Project

Prince Real Estate Group, a member of Prince Holding Group, a leading conglomerate in Cambodia, has successfully conducted an investment agreement ceremony of Prince Square. The project will be the real estate developer’s first commercial retail project in Phnom Penh, Cambodia and it will bring a slew of well-known brand names like Adidas, Levi’s, Skechers, Nike by Supergo, Huawei, OPPO, Potato Corner, Dakasi, Panda Cake and Pizza Hut to the city.

As a metropolitan area, Phnom Penh is steadily integrating into the global economy. According to the Globalization and World Cities Research Network, Phnom Penh was classified as a Gamma+ city (cities that link smaller economic regions into the world economy) in 2020 moving up the ranks over the past two years.

With a total floor area of 35,000 square meters of retail space. Prince Square will be a four-storey building with a large supermarket, an international cinema, a fitness club, international restaurants, an indoor playground and fashion stores.

“I am deeply impressed by the number of tenants that have already signed on for Prince Square. As the first commercial retailing project for Prince Real Estate Group, I am pleased to note that the construction of Prince Square will involve the use of advanced equipment and attract world-renowned brands that will cater to the needs and preferences of Phnom Penh residents,” said H.E. Mr. Khuong Sreng, municipal governor of Phnom Penh. “We hope it will attract local and international tourists to the city and increase Phnom Penh’s attractiveness as an investment destination in Cambodia.”

Prince Real Estate Group is one of the top developers in Cambodia. Founded in 2015, Prince Real Estate Group has completed numerous projects in Phnom Penh and Sihanoukville. It has contributed to the rapid transformation of urban Phnom Penh in recent years with real estate projects spanning across 1 million square meters.

“We are thankful for the support offered by the Phnom Penh municipal government and leaders of relative departments that has ensured the smooth development of the project so far,” said Steven Wang, CEO of Prince Real Estate Group. “It has been a long journey for Prince Square but with such high-profile tenants signing on, we have taken an important first step. Prince Square and its strategic brand partners will complement one another by sharing resources and seeking development opportunities together allowing us to live up to our aspiration of helping Cambodians build a better life.”

Prince Real Estate Group is run by a team of experienced architects, property development professionals and building managers with extensive experience developing residential and commercial buildings, resorts and integrated facilities.

Prince Real Estate Group aims to be a multinational developer with aspirations to pursue projects across Southeast Asia.

 

About Prince Holding Group

Prince Holding Group, better known as Prince Group, is one of the largest corporate conglomerates in Cambodia, with businesses spanning across multiple industries, including real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverages, and lifestyle sectors. Prince Group adheres to its mission of “Building a Better Life” and the Group’s philosophy espouses the values of “Commitment, Responsibility, Respect, Generosity and Innovation”.

 

For further enquiries, please contact:

Ms. Ada Leung
Hill+Knowlton Strategies Asia
Tel: +852-2894-6225
Email: Ada.leung@hkstrategies.com

Mr. Andrew Scott
Hill+Knowlton Strategies Asia
Tel: +852-5918-9896
Andrew.scott@hkstrategies.com

 

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20th January, 2021 | 2021
Chen Zhi and Prince Holding Group Bring the Art of Swiss Watchmaking to Cambodia

The global pandemic has changed the working lives of many people across the world, including in Cambodia. Chairman Neak Oknha Chen Zhi (陈志公爵) 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.

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30th December, 2020 | 2020
Chen Zhi and Prince Group Raise Awareness for Sustainable Agriculture in Cambodia with Launch of Prince Manor Resort

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.

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8th December, 2020 | 2020
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”, upturning the longstanding focus on wealth maximization for shareholders espoused by American economist Milton Friedman.

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