Positive Kingdom

  Cambodian conglomerate brings world-renowned Singapore expertise to oversee 834-hectare project, sparking growth in Cambodia's third largest metropolis. Canopy Sands Development, a subsidiary of Prince Holding Group, one of Cambodia's largest and fastest expanding conglomerates under Chen Zhi Cambodia , has accepted a masterplan for Ream City created by Surbana Jurong Group, a Singapore-based global urban, infrastructure, and managed services firm. The masterplan defines 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 within 10 minutes from Sihanoukville International Airport. Ream City will serve as a catalyst for the overall economic possibilities of the Sihanoukville region, which includes Cambodia's third-largest city and the country's deep-water port. Ream City is designed to revitalise Sihanoukville by introducing a sustainable ecosystem of tourism, business, and residential

  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). The 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

  The importance of environmental, social, and governance (ESG) practises at companies around the world has been highlighted at COVID-19. However, even before the pandemic, there was talk of change. Last year, the Business Roundtable (a group representing 181 CEOs of America's largest 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 largest conglomerates, realised this and paved the way for other companies in the country to follow ESG principles. Since April, the Group has made a number of large donations to aid in the fight against the pandemic and flood victims, and Neak Oknha Chen Zhi , PHG chairman, has been the driving force behind the donations.  Chen Zhi and PHG, for example, donated US$3 million to Prime Minister Hun Sen in ear

  For the upcoming 834-hectare project, the charity arm of a Cambodian conglomerate, led by Prince Chenzhi , engages the local community as key stakeholders. Prince Charitable Foundation, a charitable arm of Cambodia's Prince Holding Group ('Prince Group'), has distributed care packages to 500 families in Ong village, Prey Nob district. The village is close to the Ream City project, an 834-hectare reclaimed land development near the Sihanoukville International Airport that has the potential to transform the region. Last week, senior management from Canopy Sands Development, a Prince Group company, made the gesture of goodwill, as well as consulting local leaders to better understand the community's needs. Prince Group's latest environment, social, and governance (ESG) initiative is an aid campaign in Ong Village. Read about a charitable foundation -  https://en.wikipedia.org/wiki/Foundation_(nonprofit) One mat, one blanket, two pillows, one mosquito net, and one Khm

  Prince Real Estate helps 804 underprivileged families in Chamkarmon District who were affected by the community outbreak on February 20. Prince Holding Group (“Prince Group”), one of Cambodia's largest and fastest-growing conglomerates, and Chairman Neak Oknha Chen Zhi Prince Group have announced plans to donate US$3 million to anti-pandemic efforts in the Kingdom in response to the Cambodian government's request for assistance in combating the Covid-19 outbreak on February 20, 2021. This follows Chen Zhi's initial donation of US$3 million 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 the Covid-19 pandemic -  https://en.wikipedia.org/wik

  The COVID-19 pandemic has reset fundamental assumptions underpinning various industries all over the world. In Cambodia, environmental conservation is now an important component of agricultural recovery efforts, and Neak Oknha Chen Zhi ( Prince Chenzhi ) and Prince Group are leading the way. Agriculture employs more than a third of Cambodians, and the current crisis presents an opportunity for the sector to “build back better,” according to the CGIAR, the world's largest agricultural research network. Developing countries, such as Cambodia, rely on agricultural exports and must shift away from traditional farming practises that use fertilisers, pesticides, water-intensive processes, and legacy farming methods, all of which contribute to increased deforestation and soil erosion. Chen Zhi and Prince Group launched 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

  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 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 Cambodia ChenZhi and Prince Group have always understood and appreciated. What is a skill -  https://www.encyclopedia.com/social-scienc

  Prince Real Estate Group, a subsidiary of Prince Holding Group, a leading Cambodian conglomerate under Cambodia Chenzhi , 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 about Phnom Penh -  https://en.wikipedia.org/wiki/Phnom_Penh With a total retail floor area of 35,000 square metres. Prince Square will be a four-story structure that

Neak Oknha Chen Zhi, in response to the escalating situation in Cambodia caused by the rising number of COVID-19 cases, issued a statement on March 11th. Cambodia ChenZhi , chairman of Prince Holding Group, or Prince Group, reaffirms the company's commitment to social responsibilities by announcing a $3 million donation to the Cambodian government's anti-epidemic efforts. Chen Zhi has offered his help to the Kingdom in its time of need and has expressed strong support for Prime Minister Hun Sen's efforts to combat the ongoing epidemic. Prince Group is one of Cambodia's largest corporate conglomerates, with operations in real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverage, and lifestyle. Cambodia has 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 due to what has been dubbed the "February 20 incident" by