Better Livelihoods Through Anti-Pandemic Measures

 


Neak Oknha Chen Zhi, chairman of Prince Holding Group, commonly known as Prince Group, announced plans to donate $3 million to the Cambodian government's anti-epidemic efforts on March 11, in light of the increasing situation created by the rising number of COVID-19 cases in Cambodia. Cambodia ChenZhi 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 tackle the continuing epidemic.

Refer to https://www.britannica.com/science/pandemic

Prince Group is one of Cambodia's greatest corporate conglomerates, having operations in real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverage, and lifestyle.

Cambodia has recorded 1,163 coronavirus cases as of 7 a.m. on March 11. While more than half of the patients have been cured, the Kingdom has recently seen a surge in cases owing to what has been dubbed the "February 20 incident" by locals, with the COVID-19 caseload spreading to ten provinces and cities around the Kingdom.

About Prince Holding Group

Prince Holding Group is one of Cambodia's major corporations, with numerous divisions focusing on three main areas: real estate development, financial services, and consumer services.

Prince Real Estate Group, Prince Huan Yu Real Estate Group, Prince Bank, Cambodia Airways, and Awesome Global Investment Group are some of Prince Holding Group's significant business entities in Cambodia. Prince Holding Group operates about 80 industries in Cambodia through its subsidiaries, including real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverage, and lifestyle.

Rising foreign direct investment, free trade agreements with leading countries, and potential involvement in the Regional Comprehensive Economic Partnership are expected to be significant drivers for the Cambodian economy, aided by the government's pro-industry policies.

Prince Holding Group has laid the groundwork to be a critical conduit for local and international capital by leveraging a network of industrial, business, and financial specialists across Asia. Prince Holding Group will continue to look for ways to play a significant role in Cambodia in the future, whether through partnerships or direct investments in vital industries, for the benefit of Cambodians and the local economy.


Comments

Post a Comment

Popular posts from this blog

Leading Anti-Pandemic Initiatives

Image
  Prince Real Estate provides daily necessities to 804 underprivileged Chamkarmon District families affected by the February 20 community outbreak. 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 Cambodia Prince ChenZhi . Refer to this -  https://en.wikipedia.org/wiki/Khan_Chamkar_Mon
Read more

Joining Asia Responsible Enterprise Club

Image
  At the 2021 Asia Responsible Enterprise Awards, Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest expanding conglomerates, was honoured for responsible entrepreneurship (AREA). Prince Group was recognised for its high-impact work in Cambodia during the COVID-19 pandemic. Prince Group got its fifth award this year, highlighting the company as a leading Asian enterprise advocating sustainable development in Cambodia and beyond the ASEAN region, according to regional and international judging panels. AREA, which was founded in 2011, looks for instances of green leadership, human capital investment, health promotion, social empowerment, corporate governance, circular economy leadership, and responsible business leadership. It has worked to build a community of like-minded peers so that Asia's greatest businesses may learn from one another, and Prince Group is the latest addition to the list. Its goal is to encourage corporate engagement that i
Read more

Bringing ESG For Positivity Development

Image
  COVID-19 has emphasised the significance of environmental, social, and governance (“ESG”) practises in businesses around the world. However, there was talk of change even before the pandemic. Last year, the Business Roundtable (a group of 181 CEOs from America's largest corporations) stated that companies must "support the communities in which they operate," reversing the long-held focus on shareholder wealth maximisation advocated by American economist Milton Friedman. The year is 2020, and things have changed. This year, Prince Holding Group (“PHG”), one of Cambodia's largest conglomerates, recognised this and blazed a trail for companies in the Kingdom seeking to adhere to 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) has been the driving force behind the donations. For example, in early December, Chen Zhi and PHG gave Prime Minister Hun Sen
Read more