Posts

Prince Group in Cambodia

Image
  COVID-19 has highlighted the importance of environment, social and governance (“ESG”) practices at companies across the world. But there was talk of change even before the outbreak of the pandemic. Last year, the Business Roundtable (a group representing 181 CEOs of America’s largest corporations) outlined that companies must “support the communities in which they operate”, upturning the longstanding focus on wealth maximization for shareholders espoused by American economist Milton Friedman. In 2020, times have changed. This year, Prince Holding Group (“PHG”), one of the largest conglomerates in Cambodia, has realized this and blazed a trail for companies in the Kingdom looking to follow ESG principles. Since April, the Group has made several large-scale donations to help in the fight against the pandemic and assist flood victims, and Neak Oknha Chen Zhi, PHG chairman, has been the driving force behind the donations. For example, in early December, Cambodia Prince Chen Zhi and PH
Post a Comment
Read more

Delivering Hari Raya goodies in Singapore

Image
  Now that the festival is approaching, it is time to stock up on Hari Raya treats. As a result of the pandemic, many people are still working from home, so Hari Raya goodies delivery will undoubtedly be a hot topic this year. They would rather have Hari Raya treats delivered to their homes by supermarkets. Purchasing or pre-ordering Hari Raya products for later delivery has several advantages. If you do not want to be stuck in the expected high volume of delivery traffic during the festive Hari Raya season, consider these suggestions. After all, Hari Raya Puasa is only a little more than a month away. You will not have to be concerned about missing out on your favourite Hari Raya Puasa treats. If an order is placed just in time for Hari Raya goodies delivery, the sweetness and freshness of the Hari Raya Puasa goodies will be preserved, ensuring that they tasted good on Hari Raya day. Hari Raya treats are always a good idea to share with friends, relatives, family, and other loved one
Post a Comment
Read more

Indonesia's e-commerce giant

Image
  William Tanuwijaya is an Indonesian entrepreneur. He is best known as the co-founder of Tokopedia, an Indonesian e-commerce tech company that is widely used by the country's consumers. In 2019, he received the Medal of Honour (called Satyalancana Wira Karya) from the President of the Republic of Indonesia for his outstanding contribution to technology and economic growth in Indonesia. Tanuwijaya was born in 1981 in Pematang Siantar, North Sumatra, Indonesia, into a middle-class family. He attended Harvard Kennedy School after coming from humble beginnings. His internet entrepreneurial activities stemmed from his work background, which included roles ranging from software and game developer to IT and Business Development Manager in the 2000s. But his big break in internet entrepreneurship came in 2007, when he and a friend, Leontinus Edison, founded Tokopedia, an e-commerce startup that connects buyers and sellers in Indonesia for free. This marketplace startup went on to dominat
Post a Comment
Read more

Great magnate of Southeast Asia

Image
  Cambodia has a long list of well-known people. The most powerful people in Cambodia are often wealthy, with net worth exceeding $30 million. One of the most powerful people on the list is Cambodia Prince Group Chen Zhi . If you Google Chen Zhi Cambodia, you'll get a lot of results with a lot of references to this guy. His presence in Cambodia's business community has outstripped that of many others. Chen Zhi was given the honorary title of Neak Oknha, which is equivalent to British Sir in Cambodia or Tan Sri in Malaysia. In Cambodia, as in these nations, Neak Oknha is revered and works closely with the Royal Monarchy. As a businessman, Chen Zhi plays a critical role in the Prince Bank Plc. He regularly participates in crucial decisions affecting the bank's corporate practises, such as business growth plans and capital increases. Aside from his work in the banking industry, he has other business interests, especially in real estate, media, and sports. His real estate inter
Post a Comment
Read more

Neak Oknha and Cambodia

Image
  Cambodia is progressing in the right direction, and its people are treated well. Neak Oknha Chen Zhi is in the midst of a global pandemic that has wreaked havoc on the economy. As Chairman of the Prince Group, Neak Oknha Chen Zhi is in charge of the environmental, social, and governance activities in Cambodian society.  At a time when many people are struggling with work, health, and even relationships, the pandemic is putting Cambodian corporations' environmental, social, and management practises to the test. In order to improve its openness policies, the Prince Group expects to increase its investment in Cambodian society in 2020. Chen Zhi and Prince Group has spearheaded a variety of significant Prince Group contributions to flood relief and health issues. Since April, the Chairman of the Prince Group has donated to a variety of environmental causes. In December, Prime Minister Hun Sen obtained a $3 million loan from Chen Zhi to assist with the procurement of 1 million vaccin
Post a Comment
Read more

Great man of ASEAN nation

Image
There is a list of well-known and prominent Cambodians with individual net worth that is over $30 million. High on this list is Chen Zhi of Prince Group.  Simply searching in Google for " Prince Group Chairman Chen Zhi " will yield a plethora of results, with countless pages and articles writing about this mysterious yet impactful Cambodia tycoon whose business empire seems to have touched every facet of Cambodian daily life.  Even among the influential in Cambodia, Chen Zhi’s clout seems to dwarf those of his peers. Prince ChenZhi, as he is often referred to, was given the honorary title of Neak Oknha, which is equivalent to the British Sir or Malaysian Tan Sri titles. Indeed, this business visionary works closely with the ruling class in Cambodia to advance the interests of the common folk to the best of his abilities. Despite his stature, Chen Zhi is warm and friendly, and well-liked by many.  Chen Zhi’s business enterprise is commonly referred to as Prince Group, one of
Post a Comment
Read more

Developing new skills of watchmaking

Image
  The global pandemic has changed the working lives of many people across the world, including in Cambodia. Chairman Neak Oknha Chen Zhi (陈志公爵) and Prince Group, being a responsible corporate citizen, have opened the Prince Horology Vocational Training Center, Cambodia’s first independent watch school. The training center gives Cambodians the opportunity to learn a new artisanal skill – watchmaking – and gain the necessary experience to help them in job markets in Cambodia and abroad. The training center follows the strict regulations for watchmaking outlined by regulatory bodies in Switzerland. As a country steeped in history, Cambodia has long preserved artisanal skills for generations, with the Kingdom well-known for its ancient handwoven silk and traditional handicraft industries that boast a heritage dating back to the time of the Khmer Empire, a significance that Chen Zhi and Prince Group have always understood and appreciated. New artisanal skills, however, need to be introduce
Post a Comment
Read more