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Investments Into Guaranteed Bond

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  Today, Prince Bank Plc. invested an additional $35 million in the Techo International Airport (TIA) Guaranteed Bond, bringing the total investment to $50 million. Prince Bank is proud to be a part of this significant transportation infrastructure development, which will benefit the Kingdom for decades to come. The first and now largest subscriber to the TIA bond issue is Prince Bank. A signing ceremony was held with Cambodia Airport Investment Co., Ltd. (CAIC) and Overseas Cambodian Investment Corporation (OCIC) for the additional investment of $35 million on the Guaranteed Bond Agreement. Neak Oknha Dr. Pung Kheav Se, Chairman of OCIC and CAIC, and Neak Oknha Chen Zhi, Chairman of Prince Bank Plc, were present at the signing ceremony. Mr. Honn Sorachna, CEO and Managing Director of Prince Bank Plc., and Mr. Charles Vann, Director of CAIC, signed the agreement. The Directors and Senior Management of OCIC, CAIC, and Prince Bank were also present. (Learn who is Chen Zhi ) The Techo Int
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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 advancing children's rights and gender equality, for a project to install pedal-operated handwashing stations at all school levels in Preah Sihanouk province. The Memorandum of Understanding (MoU) was signed at the Ministry of Education, Youth, and Sport (MoEYS) in Phnom Penh, alongside H.E. Dr. HANG Chuon Naron, Minister of Education, Youth, and Sport. During the event, Minister H.E. Dr. HANG Chuon Naron took the opportunity to greet Prince Group Cambodia and Plan International Cambodia delegates with best wishes. In addition to this project, he thanked 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.
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Donating To Laos Anti-Covid Efforts

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  Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia's largest and fastest expanding businesses, has made a US$2 million donation to support the Laotian government in its fight against the COVID-19 pandemic. Cambodia ChenZhi had also provided $1 million earlier in September. Both donations reflected Prime Minister Hun Sen's call for the two neighbouring countries to boost bilateral COVID-19 collaboration. Guy Chhay, a board member of Prince Holding Group, completes the donation on Chen Zhi's behalf at the Peace Palace in Phnom Penh. The two donations, which total US$3 million, are intended to assist the Laotian people in their fight against the pandemic. With Cambodia being one of the most vaccinated countries in the world, Chen Zhi, an entrepreneur and Mekong region business leader, understands how critical it will be for Cambodian enterprises to support surrounding countries' anti-COVID efforts. Prince Holding Group, as a significant Cambodian fir
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Winning Entrepreneur For Cambodia

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  Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest-growing conglomerates, is pleased to announce that Prince Group Chairman Neak Oknha Chen Zhi ("陈志公爵") has been named Entrepreneur of the Year – Conglomerates at the 2021 International Business Awards. Neak Oknha Chen Zhi is the sole entrepreneur recognised in a category honouring multi-industry business leaders. During one of the most difficult years in corporate leadership, Neak Oknha Chen Zhi is one of three Asian CEOs who have been acknowledged for their innovative entrepreneurialism in several areas. Neak Oknha Chen Zhi is one of a new wave of conglomerate CEOs who are looking for new ways to do business while also contributing to societal goals. Prince Group also received a Bronze Award in the Most Valuable Corporate Response (COVID-19 category), just three months after winning the finest COVID-19 Corporate Response at the ninth annual Asia-Pacific Stevie Awards in May. Learn mo
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Rebranding Strategic Review

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  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 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-oriented i
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Sponsorship Of Careers Through Partnership

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  For the upcoming academic year, Prince Charitable Foundation, the charitable arm of Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest growing conglomerates, will sponsor the Career Preparation programme run by Caring for Cambodia, a leading charity that provides free education to 7,000 impoverished students. The partnership with Caring for Cambodia, announced on International Youth Day, exemplifies how Prince Group has embarked on a new journey at a critical time when youth unemployment in Cambodia is expected to rise due to the worsening COVID-19 pandemic situation. Prince Group hopes to invest in Cambodia's future by empowering and validating an institutional approach to youth development by supporting 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 Cambodia. “In the new environment def
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Top 9 Reasons For Doing Business In Cambodia

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  Cambodia Prime Minister Hun Sen addressed the 14th Cambodian Import-Export Goods Exhibition in December 2019, an event intended to highlight the country's favourable business and investment climate, and stated unequivocally that Cambodia is open for business, saying, ‘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 has an estimated 100,000 expatriates who come for a variety of reasons, including low living costs, business opportunities, a relaxed lifestyle, and the influence of Buddhist culture. Let's look at some of the advantages right now. 1. Rapid economic growth Cambodia had one of the world's fastest-growing economies between 1998 and 2018, with an annual growth rate of 8%. The primary drivers of development have been the garment and tourism industries. Cambodia has undergone a major transformation over the last two decades, according to the
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