Cambodia Business Philosophy

  We are delighted to announce that Prince Holding Group, one of Cambodia's largest and fastest growing conglomerates by Chen Zhi Cambodia , has joined EuroCham Cambodia as an Associate Corporate Member. We are excited to collaborate with EuroCham to build a better future for Cambodia! We have a strong connection to European excellence through Prince Horology, Cambodia's first Swiss watchmaking school, and we are grateful for the opportunity to bring Tassilo Brinzer, EuroCham Chairman, and his team to the school on December 10, 2021. Learn more “Prince Horology is one of many projects that connects Cambodia to Europe and we are glad to welcome Prince Holding Group to the EuroCham family,” said Tassilo Brinzer. “At EuroCham, we look forward to working with responsible enterprises that are looking to advance enterprise and build a bridge between Cambodia and the rest of the world.” “We are honoured to be a part of EuroCham Cambodia and look forward to leveraging the experience, k

  Recently unveiled was the masterplan for Ream City in Cambodia's Sihanoukville province, which aims to transform the region into an exciting destination. With a beachfront that extends beyond 6 kilometres, this massive development will incorporate a sustainable ecosystem of tourism, commercial, and residential activity capable of housing up to 130,000 people. The 834-hectare project is being developed by Canopy Sands Development, a subsidiary of Cambodian conglomerate Prince Holding Group. It will include family attractions, condominiums, landed and beachfront homes, and affordable housing estates, as well as shopping malls, business hubs, beach resorts, hotels, condotels, and a yacht and marina club. The completion of the masterplan – which was led by Singapore's Surbana Jurong Group – is a significant step toward bringing Ream City's vision to life. “We are currently preparing for downstream developments, including utilities and road infrastructure as well as secondary

  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 the 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-orient

  Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia's largest and fastest growing conglomerates, has donated US$1 million to the Laos government in response to Cambodian authorities' request to strengthen cooperation with Laos in fighting the pandemic. Prince ChenZhi is not unfamiliar with Cambodia. He is the driving force behind the successful Cambodian Group of companies, which includes the Prince Holding Group, the Prince Real Estate Group, the Prince Bank, the Prince Huan Yu, Belt Road Capital Management, and Cambodia Airways. 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 that honours leaders running multi-industry businesses. Furthermore, he is one of three Asian leaders who were recognised for dynamic entrepreneurialism in various sectors during one of the most difficult years in corporate leadership. In an era when

  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 partnership with Caring for Cambodia, announced on International Youth Day, demonstrates how Prince Group, led by Cambodia Chenzhi , has embarked on a new path at a critical time when youth unemployment is expected to rise as a result of Cambodia's deteriorating COVID-19 pandemic 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. Read more here “We are pleased to partner with Prince Holding Group as we look to expand and enhance our Career Preparation program,” said Jamie Amelio,

  COVID-19 has emphasised the critical nature of environmental, social, and governance (“ESG”) practises in businesses worldwide. However, there was talk of change even prior to the pandemic's outbreak. The Business Roundtable (a group of 181 CEOs of America's largest corporations) stated last year that businesses must "support the communities in which they operate," reversing the long-held focus on shareholder wealth maximisation advocated by American economist Milton Friedman. Times have changed in 2020. This year, Prince Holding Group (“PHG”), one of Cambodia's largest conglomerates, recognised this and paved the way for other businesses in the Kingdom to follow 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 (陈志公爵), chairman of the PHG, has been instrumental in securing the donations. For instance, in early December, Chen Zhi and PHG donated US$3