Wonderful Philanthropy

  Ms. Chutth Chenda, a Cambodian employee of Prince Real Estate, has won first place in the Cambodia ASEAN Chairmanship logo design competition hosted by the Ministry of Foreign Affairs and International Cooperation ("MFAIC"). Chenda was one of four Prince employees that took part in the experiment. Chenda got a US$1,000 cash prize from MFAIC for her winning entry. To celebrate her efforts and accomplishments, Prince Group's management has decided to match the monetary reward with an equal gift. As a sign of thanks, the other three contestants will also receive token gifts. MFAIC formally unveiled the winning logo design on October 28th, as Cambodia symbolically took over the ASEAN chairperson from Brunei in an official ceremony. ASEAN, officially the Association of Southeast Asian Nations, is Southeast Asia's preeminent economic union that promotes the interests of its member countries. The annual ASEAN Summit, which will be held in Cambodia next year, will mark a cr

  Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest growing conglomerates, has been recognised for its commitment to responsible entrepreneurship at the Asia Responsible Enterprise Awards in 2021. (AREA). Prince Group was recognised for its high-impact work in Cambodia during the COVID-19 epidemic. This is the fifth award Prince Group has received this year, highlighting the company as a leading Asian business championing sustainable development in Cambodia and throughout the ASEAN region. AREA was founded in 2011 to identify and promote examples of green leadership, human capital investment, health promotion, social empowerment, corporate governance, circular economy leadership, and responsible business leadership. It has worked to build a community of like-minded peers so that Asia's best businesses can learn from one another, and Prince Group is the latest addition. Its objective is to promote corporate activity that is consistent with th

  In response to Cambodian authorities' call to strengthen cooperation with Laos in fighting the pandemic, Neak Oknha Chen Zhi ( Cambodia Chenzhi ), Chairman of Prince Holding Group, one of Cambodia's largest and fastest growing conglomerates, has donated US$1 million to the Laos government. Chen Zhi is no stranger when it comes to Cambodia. He is the driving force behind the 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 honoured in a category honouring leaders of multi-industry businesses. He is also one of three Asian leaders recognised for dynamic entrepreneurialism in various sectors during one of the most difficult years in corporate leadership. https://for-the-great-world-19.webselfsi

  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 programme, which provides free education to 7,000 impoverished students. The partnership with Caring for Cambodia, which was announced on International Youth Day, demonstrates how Prince Group is embarking on a new journey at a critical time when youth unemployment is expected to rise as the COVID-19 pandemic situation 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 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 defined by the COVID-19 pandemic

  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

  COVID-19 has emphasised the significance of environmental, social, and governance (“ESG”) practises in businesses around the world. However, there was talk of change even before the pandemic. Last year, the Business Roundtable (a group of 181 CEOs from America's largest corporations) 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 largest conglomerates, recognised this and blazed a trail for companies in the Kingdom seeking to adhere to 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 has been the driving force behind the donations. For example, in early December, Chen Zhi and PHG gave Prime Minister Hun Sen US$3,00