Story Of Cambodian Success

  One of Cambodia's leading corporations, Prince Holding Group ("Prince Group"), has signed a memorandum of understanding (MOU) with the Ministry of Education, Youth and Sport (MoEYS) to start a scholarship programme for Cambodian university students. Prince Group will cover the whole cost of tuition and stipends for 400 selected students pursuing Bachelor of Science degrees at leading Cambodian universities such as the Royal University of Phnom Penh, the National University of Management, and the Cambodian Institute of Technology. Over the course of seven years, Prince Group will contribute more than $2 million. Prince Group will collaborate with the government to achieve the goals established in the Education Strategic Plan, as public-private partnerships are critical (2019-2023). Prince Group will collaborate with MoEYS to ensure that students receive financial assistance, training, mentoring, and job opportunities to help them learn in three areas: sustainable real es

  Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest-growing conglomerates, has been named the Gold Winner of The Global CSR Awards 2021's "Best Country Awards for Overall CSR Excellence, Best in Cambodia." Prince Group Cambodia was chosen from among the greatest businesses in Asia, the United Arab Emirates, and Europe. One of Asia's most renowned recognised awards programmes for corporate social responsibility and corporate governance is the Global CSR Awards 2021. The programme honours and acknowledges businesses who have produced remarkable, creative, and world-class products, services, projects, or programmes in the past or present. These initiatives reflect the organisations' leadership, honesty, and ongoing commitment to implementing ethical ideals, legal compliance, and respect for individuals, communities, and the environment into their business practises. In the second year of the COVID-19 pandemic era, the judging

  Prince Charitable Foundation, the charitable arm of Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest growing conglomerates, will sponsor Caring for Cambodia's Career Preparation programme for the upcoming academic year. Caring for Cambodia is a leading charity that provides free education to 7,000 impoverished students. The cooperation with Caring for Cambodia, announced on International Youth Day, demonstrates how Prince Group has embarked on a new path at a critical moment when youth unemployment is likely to rise as a result of Cambodia's deteriorating COVID-19 epidemic situation. Prince Group seeks to invest in Cambodia's future by empowering and validating an institutional approach to youth development through its support of the Career Preparation programme. “We are pleased to partner with Prince Holding Group as we look to expand and enhance our Career Preparation program,” said Jamie Amelio, Founder and CEO of Caring for Ca

  Prince Foundation, formerly known as Prince Charitable Foundation, has unveiled a new logo, name, and mission statement: "Together, Building 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 units focusing on three core areas: real estate development, financial services, and consumer services. In Chinese, Prince Foundation will be known as 太子慈善 (translated as "Prince Foundation"). The rebranding comes after an in-depth review of Prince Foundation's previous six years of high-impact philanthropic activities, during which it hosted more than 250 charity events that benefited more than half a million Cambodians and raised more than US$14 million in total donations. Prince Foundation strives for its activities to be more holistic and closely integrated with Cambodia's national development goals, in line with an emerging trend among similar f

  Prince Group wins a Silver Stevie® Award for COVID-19 Response – Most Valuable Corporate Response, making it the only firm in Cambodia to do so. Prince Holding Group (“Prince Group”), one of Cambodia's largest and fastest growing conglomerates, has been named a Silver winner in the COVID-19 Corporate Response category of the eighth annual Asia-Pacific Stevie Awards (one of the world's most recognisable business awards). Prince Group was the only Cambodian firm recognised in a category recognising excellence in COVID-19-related crisis management by Asian corporations. The Asia-Pacific Stevie Awards are the only business awards programme that recognises workplace innovation in all 29 Asian countries. For 19 years, the Stevie Awards have been widely regarded as the world's premier business awards, conferring recognition for achievement in programmes such as The International Business Awards®. “The recognition solidifies our belief that the private sector has an important rol

  Many people's working lives have been altered as a result of the global pandemic, including those in Cambodia. As a responsible corporate citizen, Chairman Neak Oknha Chen Zhi and Prince Group established the Prince Horology Vocational Training Center, Cambodia's first independent watch school. The training centre provides Cambodians with the opportunity to learn a new artisanal skill – watchmaking – and gain the experience needed to compete in job markets in Cambodia and abroad. The training centre adheres to the strict watchmaking regulations outlined by Swiss regulatory bodies. Cambodia, as a country steeped in history, has long preserved artisanal skills for generations, with the Kingdom well-known for its ancient handwoven silk and traditional handicraft industries boasting a heritage dating back to the Khmer Empire, a significance that Cambodia ChenZhi and Prince Group have always understood and appreciated. However, new artisanal skills must be introduced to improve j