New Development Of Cambodia

  Prince Group under the leadership of Chen Zhi Cambodia, one of Cambodia's largest and fastest growing conglomerates, and Chairman Chen Zhi Cambodia have responded to the Cambodian Government's call for assistance in combating the February 20, 2021 Covid-19 outbreak in the Kingdom by announcing plans to donate US$3 million to anti-pandemic efforts in the Kingdom. This follows Chen Zhi's initial US$3 million donation in December to assist Cambodia in purchasing COVID-19 vaccinations. (Learn about Chen Zhi background ) Additionally, following in the footsteps of Chen Zhi Cambodia's Prince Group and Chen Zhi, Prince Real Estate, a subsidiary of Prince Group, distributed critical food supplies to 804 families in need and 234 members of the Cambodian police force in Chamkarmon District, Phnom Penh, Cambodia, which was impacted by the February 20, 2021 Covid-19 outbreak. Read more info While the Cambodian government has provided extraordinary assistance totaling $1.16 billio

  Globally, the COVID-19 epidemic has rewritten the fundamental assumptions that drive numerous sectors. Environmental conservation is now a critical component of Cambodia's agricultural recovery efforts, and Neak Oknha Chen Zhi (陈志公爵) and Prince Group are leading the charge. Agriculture is a vital sector in Cambodia, employing more than a third of the workforce, and the current crisis presents an opportunity for the sector to “build back better” as the CGIAR, the world's largest agricultural research network, puts it. Developing countries such as Cambodia rely on agricultural exports and must abandon old farming practises that rely on fertilisers, pesticides, water-intensive procedures, and legacy farming systems that contribute to deforestation and soil erosion. Prince ChenZhi and Prince Group launched the Ecological Agriculture Plantation at Prince Manor Resort in Phnom Penh, Cambodia, earlier this year. The project will establish a state-of-the-art agricultural hub within

  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 (陈志公爵) and Prince Group established the Prince Horology Vocational Training Center, Cambodia's first independent watch school. The training center 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 center 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 Chen Zhi Prince Group have always understood and appreciated. However, new artisanal skills must be introduced to improve job op

  Prince Real Estate Group, a subsidiary of Prince Holding Group, Cambodia's largest conglomerate, has completed an investment agreement ceremony for Prince Square. The project will be the real estate developer's first commercial retail project in Cambodia, bringing a bevvy of well-known brands to the city, including Adidas, Levi's, Skechers, Nike by Supergo, Huawei, OPPO, Potato Corner, Dakasi, Panda Cake, and Pizza Hut. Phnom Penh is steadily integrating into the global economy as a metropolitan area. Phnom Penh was classed as a Gamma+ city (cities that integrate smaller economic regions into the global economy) in 2020, according to the Globalization and World Cities Research Network, after climbing up the ranks during the previous two years. 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 international cinema, a fitness club, international restaurants, an indoor playground, an

  The relevance of environmental, social, and governance ("ESG") practises at enterprises around the world has been highlighted during COVID-19. However, even before the pandemic, there was talk of reform. Last year, the Business Roundtable (a group comprising 181 CEOs of America's major 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 major conglomerates, realised this and paved the way for other enterprises in the country to follow ESG principles. Since April, the Group has given a number of major gifts to aid in the fight against the pandemic and flood victims, and Neak Oknha Chen Zhi (陈志公爵) was the main force behind the donations. Chen Zhi and PHG, for example, donated US$3 million to Prime Minister Hun Sen in e

  On March 11, in light of the deteriorating situation in Cambodia as a result of the increasing number of COVID-19 cases, Neak Oknha Chen Zhi, chairman of Prince Holding Group, or Prince Group, reaffirmed the Group's commitment to social responsibility by announcing plans to donate $3 million to the Cambodian government's anti-epidemic efforts. Cambodia Prince ChenZhi has offered aid to the Kingdom at this difficult time and voiced strong support for Prime Minister Hun Sen's efforts to combat the current outbreak. https://glory-of-the-kingdom-of-cambodia.blogspot.com/2021/08/progress-against-cambodian-outbreak-of.html Prince Group is one of Cambodia's greatest multinational conglomerates, with operations in a variety of areas, including real estate development, banking and finance, aviation, tourism, logistics, information technology, food and beverage, and lifestyle. Cambodia had recorded 1,163 coronavirus cases as of 7 a.m. on March 11. While more than half of the p