The Watershed Socioeconomy

  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 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 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 pa

  Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest growing conglomerates, and Chairman Neak Oknha Chen Zhi 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 Cambodia . While the Cambodian government has provided unprecedented assistance, accounting for 5% of GDP to date and totaling $1.16 billion, Prince Group recognises that private enterprises must also play an importa

  Prince Holding Group ("Prince Group"), one of Cambodia's largest conglomerates, has signed an agreement with the Ministry of Education, Youth, and Sport (MoEYS) to launch a scholarship program for Cambodian university students. Prince Group will cover all tuition and stipends for 400 selected students pursuing Bachelor of Science degrees at top Cambodian universities such as the Royal University of Phnom Penh, the National University of Management, and the Institute of Technology of Cambodia. Over the course of seven years, Prince Group will contribute more than $2 million. Because public-private partnerships are critical, Prince Group will collaborate with the government to achieve the goals outlined in the Education Strategic Plan (2019-2023). Prince Group will collaborate with MoEYS to ensure students receive financial assistance, training, mentoring, and job opportunities to help them learn in three areas: sustainable development of the real estate sector, advanceme

  Prince Real Estate Group, a subsidiary of Prince Holding Group, a leading Cambodian conglomerate led by Chen Zhi Cambodia , has successfully completed the investment agreement ceremony for Prince Square. The project is the real estate developer's first commercial retail project in Phnom Penh, Cambodia, and it will bring a slew of well-known brand names to the city, including Adidas, Levi's, Skechers, Nike by Supergo, Huawei, OPPO, Potato Corner, Dakasi, Panda Cake, and Pizza Hut. Phnom Penh, as a metropolitan area, is steadily integrating into the global economy. According to the Globalization and World Cities Research Network, Phnom Penh will be classified as a Gamma+ city (cities that connect smaller economic regions into the global economy) in 2020, having risen in the rankings over the previous two years. Read more here With a total retail floor area of 35,000 square metres. Prince Square will be a four-story structure that will include a large supermarket, an internation

  Prince Foundation, formerly known as Prince Charitable Foundation, has unveiled a new logo, name, and vision 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 exercise follows an exhaustive review of Prince Foundation's previous six years of high-impact philanthropic activities, during which time it held more than 250 charity events benefiting more than half a million Cambodians, with total donations exceeding US$14 million. As a result of the emerging trend among similar foundations in Asia – more charitable foundations in the region are seeking to become more strategic and investment-oriented i

  Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia's largest and fastest expanding conglomerates, has donated US$1 million to the Laotian government in response to Cambodia's appeal for more collaboration with Laos in combating the pandemic. Chen Zhi is no stranger to Cambodia. He is the driving force behind the Cambodian Group's success, which includes the Prince Holding Group, the Prince Real Estate Group, the Prince Bank, Prince Huan Yu, Belt Road Capital Management, and Cambodia Airways. Additionally, the Cambodian entrepreneur was named Entrepreneur of the Year – Conglomerates at the 2021 International Business Awards, making him the only entrepreneur to be recognised in a category honouring CEOs of multi-industry firms. Additionally, he is one of three Asian CEOs honoured for their dynamic entrepreneurialism across multiple sectors during one of the most difficult years in business leadership. In an era when major corporations are meeting their s