Philanthropic Activities Cambodia

  During the school reopening ceremony officiated by Minister of Environment, H.E. Say Samal, Preah Sihanouk Governor, H.E. Kuoch Chamroeun, and Under Secretary of State for the Migrants, Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest-growing conglomerates, and Plan International Cambodia ("Plan International"), the WASH intervention programme was officially launched at all levels in Preah Sihanouk province. The event took place at Hun Sen Veal Renh High School in Prey Nob district, Preah Sihanouk province, yesterday. “I would like to thank Prince Group and Plan International Cambodia for this joint initiative to support safer school environments in conjunction with the school reopening. The program is set to install 198 pedal-operated handwashing stations across 99 schools in Preah Sihanouk. In addition, Prince Foundation also donated 990 infrared thermometers,” remarked H.E. Say Samal, Minister of Environment, during his statement...

  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. Chen Zhi 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. https://wealthy-asian-nation-gives.blogspot.com/2021/10/cambodian-donation-to-laos-for-anti.html 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 as...

  In response to Cambodian authorities' appeal to boost collaboration with Laos in fighting the pandemic, Neak Oknha Chen Zhi, Chairman of Prince Holding Group, or Prince Group Cambodia , one of Cambodia's largest and fastest expanding conglomerates, has contributed US$1 million to the Laos government. Learn more Chen Zhi is no stranger when it comes to Cambodia. He is the driving force behind Prince Holding Group, Prince Real Estate Group, Prince Bank, Prince Huan Yu, Belt Road Capital Management, and Cambodia Airways, all of which are successful Cambodian businesses. At the 2021 International Business Awards, the Cambodian entrepreneur was also named Entrepreneur of the Year – Conglomerates, making him the only entrepreneur rewarded in a category honouring CEOs of multi-industry firms. He is also one of three Asian CEOs acknowledged for innovative entrepreneurialism in various sectors during one of the most difficult years in corporate leadership. In an era when major corpora...

  Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest expanding conglomerates, is pleased to announce that Neak Oknha Chen Zhi ("陈志公爵"), Prince Group's Chairman, has been named Entrepreneur of the Year – Conglomerates at the 2021 International Business Awards. Neak Oknha Chen Zhi is the only entrepreneur recognised in a category honouring individuals who lead firms across many industries. Neak Oknha Chen Zhi is one of three Asian leaders honoured for their dynamic entrepreneurialism across many sectors during one of the most difficult years in business leadership. Neak Oknha Chen Zhi is one of a new generation of conglomerate leaders that are considering novel approaches to business that also contribute to societal aims. Additionally, Prince Group was awarded a Bronze Stevie Award in the Most Valuable Corporate Response (COVID-19 category), three months after winning the award for best COVID-19 Corporate Response at the ninth annual ...

  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 corporations, with numerous subsidiaries focused 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 evaluation of Prince Foundation's previous six years of high-impact charitable operations, 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 tren...

COVID-19 has emphasised the significance of environmental, social, and governance ("ESG") principles in businesses around the world. However, there was talk of reform even before the pandemic. Last year, the Business Roundtable (a group of 181 CEOs from America's major organisations) stated that companies must "support the communities in which they operate," reversing the long-held focus on shareholder wealth maximisation advocated by American economist Milton Friedman. The year is 2020, and things have changed. This year, Prince Holding Group ("PHG"), one of Cambodia's major conglomerates, recognised this and blazed a trail for enterprises in the Kingdom seeking to adhere to ESG principles. Since April, the Group has given multiple large-scale gifts to aid in the fight against the pandemic and flood victims, and Neak Oknha Chen Zhi (陈志公爵) has been the driving force behind the donations. For example, in early December, Chen Zhi Cambodia and PHG se...

  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 partnership with Caring for Cambodia, announced on International Youth Day, exemplifies how Prince Group has embarked on a new journey at a critical time when youth unemployment in Cambodia is expected to rise due to the worsening COVID-19 pandemic situation. 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. “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 the new environment def...