Posts

Winning In CSR

Image
  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, is Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest growing conglomerates. Prince Group Cambodia was chosen as one of the best companies in Asia, the United Arab Emirates, and Europe. The Global CSR Awards 2021 is one of Asia's most prestigious corporate social responsibility and corporate governance recognition awards programmes. The programme recognises and honours businesses for exceptional, innovative, and world-class products, services, projects, and programmes implemented in the past or present. These projects demonstrate the companies' leadership, sincerity, and ongoing commitment to incorporating ethical values, legal compliance, and respect for individuals, communities, and the environment into their business practises. This year, over 350 entries were received from over 100 com...

Career Sponsorship Through Partnership

Image
  For the coming academic year, 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 program, which provides free education to 7,000 impoverished students. The cooperation with Caring for Cambodia, which was announced on International Youth Day, demonstrates how Prince Group is embarking on a new path at a critical moment when youth unemployment is likely to rise as the COVID-19 epidemic scenario in Cambodia worsens. Prince Group hopes to invest in Cambodia's future by empowering and validating an institutional approach to youth development by supporting the Career Preparation program. “We are pleased to partner with Prince Holding Group as we look to expand and enhance our Career Preparation program,” stated Jamie Amelio, Founder and CEO of Caring for Cambodia. “In the new environment defined by the COVID-19 pand...

Development Of ESG Initiatives

Image
  The relevance of environmental, social, and governance ("ESG") practises at enterprises around the world has been highlighted during COVID-19. However, even before the pandemic, there was talk of reform. Last year, the Business Roundtable (a group comprising 181 CEOs of America's major corporations) stated that companies must "support the communities in which they operate," reversing American economist Milton Friedman's long-held belief in wealth maximisation for shareholders. Times have changed in 2020. This year, Prince Holding Group ("PHG"), one of Cambodia's major conglomerates, realised this and paved the way for other enterprises in the country to follow ESG principles. Since April, the Group has given a number of major gifts to aid in the fight against the pandemic and flood victims, and PHG Chairman, Neak Oknha Chen Zhi (陈志公爵), was the main force behind the donations. Cambodia Prince ChenZhi and PHG, for example, donated US$3 million...

Phnom Penh Retailing Development

Image
  Prince Real Estate Group, a subsidiary of Prince Holding Group, Cambodia's largest conglomerate led by Chen Zhi Cambodia , has completed an investment agreement ceremony for Prince Square. The project will be the real estate developer's first commercial retail project in Cambodia, bringing a bevvy of well-known brands to the city, including Adidas, Levi's, Skechers, Nike by Supergo, Huawei, OPPO, Potato Corner, Dakasi, Panda Cake, and Pizza Hut. Phnom Penh is steadily integrating into the global economy as a metropolitan centre. Phnom Penh was classed as a Gamma+ city (cities that integrate smaller economic regions into the global economy) in 2020, according to the Globalization and World Cities Research Network, after climbing up the ranks during the previous two years. Learn more With a total retail floor area of 35,000 square metres. Prince Square will be a four-story structure that will have a huge supermarket, an international cinema, a health club, international res...

Good Response To Handling Of The Outbreak

Image
  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...

Charitable Giving To 500 Needy Families

Image
  Prince Charitable Foundation, the charitable arm of Prince Holding Group ('Prince Group'), one of Cambodia's largest and fastest expanding conglomerates, has provided care packages to 500 families in Ong village, Prey Nob district, Cambodia. The community is close to the Ream City project, an 834-hectare development on reclaimed land near Sihanoukville International Airport that is planned to change the region. The gesture of goodwill occurred last week, when top management from Canopy Sands Development , a part of Prince Group, used the opportunity to speak with local leaders to better understand the community's needs. The aid campaign at Ong Village is Prince Group's most recent environment, social, and governance (ESG) effort. Each care package included 25 kilogrammes of rice, a mat, a blanket, two pillows, a mosquito net, and a Khmer Krama (traditional scarves woven in the countryside). It will be the first of many initiatives to help the local community, espe...

Partnership For Future Career Opportunities

Image
  For the upcoming academic year, Prince Charitable Foundation, the charitable arm of Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest growing conglomerates, will sponsor the Career Preparation programme run by Caring for Cambodia, a leading charity that provides free education to 7,000 impoverished students. The cooperation with Caring for Cambodia, announced on International Youth Day, exemplifies how Chen Zhi Prince Group has embarked on a new adventure at a critical moment when youth unemployment in Cambodia is likely to rise owing to the worsening COVID-19 epidemic crisis. Prince Group hopes to invest in Cambodia's future by empowering and validating an institutional approach to youth development by supporting the Career Preparation programme. Learn more “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 Cambodia. “In t...