Great Minds Of The World

  Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest expanding conglomerates, has been named a Silver winner in the COVID-19 Corporate Response category of the ninth annual Asia-Pacific Stevie Awards (one of the most recognised business awards globally). Prince Group was the only Cambodian firm recognised in a category recognising Asian corporate performance in COVID-19-related crisis management. The Asia-Pacific Stevie Awards are the only business awards programme that recognises workplace innovation across the Asia-Pacific region's 29 countries. For 19 years, The Stevie Awards have been generally regarded as the world's preeminent business awards, honouring success through events such as The International Business Awards®. “The recognition solidifies our belief that the private sector has an important role to play in contributing to global recovery. We will continue to assist the community in Cambodia as we respond to the latest wave of

  Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia's largest and fastest expanding conglomerates, has donated US$1 million to the Laotian government in response to Cambodia's appeal for more collaboration with Laos in combating the pandemic. Cambodia Chen Zhi is no stranger to Cambodia. He is the driving force behind the Cambodian Group's success, which includes Prince Holding Group, Prince Real Estate Group, Prince Bank, Prince Huan Yu, Belt Road Capital Management, and Cambodia Airways. Additionally, the Cambodian entrepreneur was named Entrepreneur of the Year – Conglomerates at the 2021 International Business Awards, making him the only entrepreneur to be recognised in a category honouring CEOs of multi-industry firms. Additionally, he is one of three Asian CEOs honoured for their dynamic entrepreneurialism across multiple sectors during one of the most difficult years in business leadership. Learn more about the entrepreneur In an era when major

  Prince Holding Group ("Prince Group"), one of Cambodia's largest conglomerates, has signed an agreement with the Ministry of Education, Youth, and Sport (MoEYS) to launch a scholarship programme for Cambodian university students. Prince Group will cover all tuition and stipends for 400 selected students pursuing Bachelor of Science degrees at top Cambodian universities such as the Royal University of Phnom Penh, the National University of Management, and the Institute of Technology of Cambodia. Over the course of seven years, the Prince Group will contribute more than $2 million. Because public-private partnerships are critical, Prince Group will collaborate with the government to achieve the goals outlined in the Education Strategic Plan (2019-2023). Prince Group will collaborate with MoEYS to ensure students receive financial assistance, training, mentoring, and job opportunities to help them learn in three areas: sustainable development of the real estate sector, adv

  In December 2019, Cambodian Prime Minister Hun Sen spoke at the 14th Cambodian Import-Export Goods Exhibition, an event aimed at promoting 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 is home to an estimated 100,000 expatriates who are drawn to the country for a variety of reasons, including low living costs, business opportunities, a laid-back lifestyle, and the Buddhist culture's influence. Let's look at a few 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

  Cambodia has experienced tremendous economic growth over the last decade or so. As a result, you can capitalise on the region's diverse business sectors and opportunities. If you're looking to start or invest in a business in Cambodia in 2021, there are numerous opportunities in a variety of sectors, including the following: Real Estate Healthcare Services Energy Sector Tourism resorts and infrastructure  Garment industry Transport and logistics Engineering and Construction Services Food Processing and Agribusiness  Beverages and Fast food franchises Medical equipment, medical supplies, and pharmaceuticals Real estate, apparel manufacturing, transportation and logistics, and energy are among the best business ideas in Cambodia for 2021. Real Estate Investing Cambodia is without a doubt one of the best frontier markets in Asia for real estate property buyers. One of the best investment opportunities in Cambodia in 2021 is to purchase properties in Cambodia and rent them out or

  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, chairman of PHG, has been instrumental in securing the donations. For instance, in early December, Chen Zhi and PHG ( Chen Zhi Prince Group )