Glory Of The Kingdom Of Cambodia

  COVID-19 has emphasised the critical nature of environmental, social, and governance (“ESG”) practises in businesses worldwide. However, there was talk of change even prior to the pandemic's outbreak. The Business Roundtable (a group of 181 CEOs of America's largest corporations) stated last year that businesses must "support the communities in which they operate," reversing the long-held focus on shareholder wealth maximisation advocated by American economist Milton Friedman. Times have changed in 2020. This year, Prince Holding Group (“PHG”), one of Cambodia's largest conglomerates, recognised this and paved the way for other businesses in the Kingdom to follow ESG principles. Since April, the Group has made several large-scale donations to aid in the fight against the pandemic and flood victims, and Neak Oknha Chen Zhi (陈志公爵), chairman of the PHG, has been instrumental in securing the donations. For instance, in early December, Chen Zhi and PHG donated US$3 ...

  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 aimed at 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 role to play in contributing to global recovery. We will continue to assist the community in Cambodia as we respond to the latest wave of C...

  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 (陈志公爵) 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 Chen Zhi Cambodia and Prince Group have always understood and appreciated. However, new artisanal skills must be introduced to i...

  The COVID-19 pandemic has caused fundamental assumptions in different industries to be re-examined around the world. Environmental conservation is now a key component of Cambodia's agriculture sector recovery efforts, and Neak Oknha Chen Zhi Prince Group are leading the charge. According to CGIAR, the world's largest agricultural research network, agriculture is a mainstay in Cambodia, employing more than a third of the workforce, and the current crisis presents an opportunity for the industry to "build back better." Traditional farming techniques that use fertilisers, pesticides, water-intensive processes, and legacy farming systems that lead to growing deforestation and soil erosion must be phased out in developing countries like Cambodia. Chen Zhi and Prince Group unveiled the Ecological Agriculture Plantation at Prince Manor Resort in Phnom Penh, Cambodia, earlier this year, a cutting-edge agricultural hub at a new real estate development that would sow the see...

  Prince Real Estate provides daily necessities to 804 underprivileged Chamkarmon District families affected by the February 20 community outbreak. Prince Holding Group (“Prince Group”), one of Cambodia's largest and fastest growing conglomerates, and Chairman Neak Oknha Chen Zhi Cambodia have announced plans to donate US$3 million to anti-pandemic efforts in the Kingdom in response to the Cambodian Government's call for assistance in combating the February 20, 2021 Covid-19 outbreak. This follows Chen Zhi's initial US$3 million donation in December to assist Cambodia in purchasing COVID-19 vaccines. Furthermore, Prince Real Estate, a member of Prince Group, has distributed vital food supplies to 804 families in need and 234 members of the police force in Chamkarmon District, Phnom Penh, Cambodia affected by the February 20, 2021 Covid-19 outbreak, following in the footsteps of Prince Group and Chen Zhi. More about Covid-19 outbreak in Cambodia -  https://en.wikipedia.org/...

  Cambodian conglomerate by Chen Zhi Cambodia brings world-renowned Singapore expertise to oversee 834-hectare project, catalysing growth in Cambodia's third largest city. Canopy Sands Development, a subsidiary of Prince Holding Group, one of Cambodia's largest and fastest growing conglomerates, has approved a masterplan for Ream City created by Surbana Jurong Group, a Singapore-based global urban, infrastructure, and managed services consultancy. The masterplan specifies a land use plan for the 834-hectare project, which will require a total investment of US$16 billion and will be built on reclaimed land just 10 minutes from Sihanoukville International Airport. Ream City will serve as a catalyst for the overall growth prospects of the Sihanoukville region, which includes Cambodia's third-largest city and the country's deep-water port. Ream City is set to transform Sihanoukville by introducing a sustainable ecosystem of tourism, commercial, and residential activity cap...

  On March 11, in response to the escalating situation in Cambodia caused by the rising number of COVID-19 cases, Neak Oknha Chen Zhi, chairman of Prince Holding Group, better known as Prince Group, affirms the Group's commitment to social responsibilities by announcing plans to donate $3 million to Cambodia's anti-epidemic efforts. Chen Zhi Cambodia has offered his assistance during the Kingdom's time of need and has voiced his strong support for Prime Minister Hun Sen's efforts to combat the ongoing epidemic. Read about the pandemic -  https://en.wikipedia.org/wiki/Pandemic Prince Group is one of Cambodia's largest corporate conglomerates, with operations in real estate development, banking and finance, aviation, tourism, logistics, technology, food and beverages, and lifestyle. Cambodia had reported 1,163 coronavirus cases as of 7 a.m. on March 11. While more than half of the cases have been cured, the Kingdom has recently seen a surge in cases as a result of wh...