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Building Confidence In Future Cambodian Watchmakers

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  Chen Zhi, philanthropist and watch enthusiast, inspires future Cambodian watchmakers with a class visit. (More on Chen Zhi background ) Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia's largest and fastest-growing conglomerates, paid a visit to students at the Prince Horology Vocational Training Center who are learning the art of Swiss watchmaking. Learn more The six Cambodian students, who are currently receiving full scholarships and stipends, are set to graduate as the country's first watchmakers capable of repairing and assembling watches to Swiss standards, which are widely regarded as the gold standard in the world of luxury watches. Chen Zhi has given personal attention to the institute, which is supported by the Prince Foundation, the Group's philanthropic arm. The centre is a critical component of the Group's broader efforts to improve education in Cambodia through scholarship programmes, thought leadership trainings, and other CSR init

Career Sponsorship Through Partnership

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  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 for the upcoming academic year. Caring for Cambodia is a leading charity that provides free education to 7,000 impoverished students. The cooperation with Caring for Cambodia, announced on International Youth Day, demonstrates how Prince Group has embarked on a new path at a critical moment when youth unemployment is likely to rise as a result of Cambodia's deteriorating COVID-19 epidemic situation. Prince Group seeks to invest in Cambodia's future by empowering and validating an institutional approach to youth development through its support of 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 Ca

Supporting Safe Reopening Of Sihanoukville Schools

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  Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest-growing conglomerates, has signed a memorandum of understanding (MoU) with Plan International Cambodia, one of the world's leading development and humanitarian organisations dedicated to advancing children's rights and gender equality, for a project that will install pedal-operated handwashing stations at all levels of education in Preah Sihanouk province. The MoU was signed alongside H.E. Dr. HANG Chuon Naron, Minister of Education, Youth and Sport, at the Ministry of Education, Youth and Sport (MoEYS) in Phnom Penh. Minister H.E. Dr. HANG Chuon Naron took the opportunity to greet Prince Group Cambodia and Plan International Cambodia delegates during the ceremony. In addition to this project, he commended Prince Group for their active participation in previous years and expressed his enthusiasm for future initiatives that will benefit the education sector. H.E. Dr. HANG Choun Naron pr

Launch Of Scholarship For Cambodian Future

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  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 programme 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, the 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, adv

Strategy Of Rebranding With Good Review

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  Prince Foundation, formerly known as Prince Charitable Foundation, has unveiled a new logo, a new name, and a new 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 conglomerates with several subsidiaries focused on three primary areas: real estate development, financial services, and consumer services. In Chinese, Prince Foundation will be referred to as 太子慈善 (translated as "Prince Foundation"). The rebranding exercise follows an intensive examination of Prince Foundation's six years of high-impact charitable activities, during which it organised more than 250 charity events benefiting more than half a million Cambodians and raising more than US$14 million in cumulative donations. In line with a growing trend among similar foundations in Asia – more charitable foundations in the region are pursuing a more strategic and investment

Joint Aid To Sihanoukville Students' Safe Return To Schools

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  Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest-growing conglomerates, and Plan International Cambodia ("Plan International") officially launched their Water, Sanitation, and Hygiene ("WASH") intervention programme at all levels of education in Preah Sihanouk province during a school reopening ceremony officiated by Minister of Environment H.E. Say Samal, Preah Sihanouk Governor H.E. Kuoch Chamroeun, and Under Secretary of The ceremony took place yesterday at Prey Nob district's Hun Sen Veal Renh High School. “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,” H.E. Say Samal, Minister of Environment, said during his speech

The Top 9 Reasons For Cambodian Business Venturing

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  In December 2019, Cambodian Prime Minister Hun Sen addressed the 14th Cambodian Import-Export Goods Exhibition, an event aimed at highlighting the country's favourable business and investment climate, and stated unequivocally that Cambodia is open for business, stating, ‘To ensure a sound macroeconomic environment and political and social stability, the government welcomes all investors to do business and invest in the Kingdom.' Cambodia is home to an estimated 100,000 expatriates who come for a variety of reasons, including low living costs, business opportunities, a laid-back lifestyle, and the Buddhist culture's influence. Now, let's take a look at some of the advantages. 1. Rapid economic growth Between 1998 and 2018, Cambodia had one of the fastest-growing economies in the world, growing at an annual rate of 8%. The primary engines of development have been the garment and tourism industries. Cambodia, according to the World Bank, has undergone a significant trans