The Times Australia
Google AI
News From Asia

.

Prince Holding Group Chairman Chen Zhi Recognized Once More as Entrepreneur of the Year

PHNOM PENH, CAMBODIA - Media OutReach - 17 August 2022 - Prince Holding Group's Chairman, Chen Zhi, bagged a Gold Stevie® Award in the Entrepreneur of the Year – Conglomerates category for the second consecutive year at the prestigious 19th Annual International Business Awards®.

The Group also secured Bronze Stevie® Awards for Company of the Year categories and COVID-19 Most Valuable Corporate Response. The Group has secured a record haul of ten awards this year.


Chen Zhi, a Cambodian entrepreneur, is the founder of Prince Holding Group. It is one of the largest business groups in Cambodia, with various units focusing on three core areas: real estate development, financial, and consumer services. He is also the founder of Prince Foundation, a well-known corporate foundation focusing on improving education, healthcare, and community engagement issues through public-private partnerships.

Over the past five years, the Group has collectively invested billions in various projects in Cambodia. The Group has contributed significantly to Cambodia's anti-epidemic measures in ensuring minimal business interruption for its timely completion of retail, residential and commercial projects across the Kingdom despite the pandemic.

"Chen Zhi has made a huge impact on Cambodia by bringing together executives across many different sectors to take care of the community through affordable housing, Covid-19 vaccinations, educational philanthropy, and learning and employment opportunities for the younger generation," stated the judging panel.

"Having a vision over 30 years to bring much-needed housing and contributing to a sustainable strategy for Cambodia's net-zero goals is an admirable goal and a way to bring innovation and prosperity to Cambodia," said another judging panel.

Chen Zhi is supported by an international senior management team that leads operations across banking (Prince Bank), airlines (Cambodia Airways), real estate (Prince Real Estate and Prince Huan Yu Real Estate,) and investment management (Belt Road Capital and Awesome Investment Group).

"These awards demonstrate our consistency and perseverance as we aim to make a holistic difference in Cambodian society," said Gabriel Tan, Chief Communications Officer at Prince Holding Group. "All our hard work would not have been possible without the community's support and the hard work of all of the employees across the member companies within the Group."

Last year, Chen Zhi also signed off the launch of the Chen Zhi Scholarship. This initiative has seen the Group's foundation work with the Ministry of Education Youth and Sports and top local universities to launch a US$2 million scholarship program for 400 students over 7 years.

Hashtag: #PrinceHoldingGroup

The issuer is solely responsible for the content of this announcement.

About Prince Holding Group:

Prince Holding Group is one of Cambodia's largest business groups spanning across real estate development, financial services and consumer services.

Prince Holding Group's key business units in Cambodia include Prince Real Estate Group, Prince Huan Yu Real Estate Group, Prince Bank, Cambodia Airways, Belt Road Capital Management, as well as Awesome Global Investment Group. Via its subsidiaries, Prince Holding Group has over 80 businesses in Cambodia operating in real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverages, and lifestyle sectors etc.

Leveraging a network of industrial, business and financial professionals across Asia, Prince Holding Group is firmly committed to the long-term development of Cambodia. Prince Holding Group is developing an almost 1000-hectare township project in the Ream coastline of Sihanoukville that will be one of Cambodia's leading sustainable real estate developments, aiming to secure close to $16 billion in total investment for the region.

Moving forward, Prince Holding Group will continue to seek out opportunities to play an important role in Cambodia, through partnerships or direct investments into key industries for the betterment of Cambodians and the local economy.

Times Magazine

With Nvidia’s second-best AI chips headed for China, the US shifts priorities from security to trade

This week, US President Donald Trump approved previously banned exports[1] of Nvidia’s powerful ...

Navman MiVue™ True 4K PRO Surround honest review

If you drive a car, you should have a dashcam. Need convincing? All I ask that you do is search fo...

Australia’s supercomputers are falling behind – and it’s hurting our ability to adapt to climate change

As Earth continues to warm, Australia faces some important decisions. For example, where shou...

Australia’s electric vehicle surge — EVs and hybrids hit record levels

Australians are increasingly embracing electric and hybrid cars, with 2025 shaping up as the str...

Tim Ayres on the AI rollout’s looming ‘bumps and glitches’

The federal government released its National AI Strategy[1] this week, confirming it has dropped...

Seven in Ten Australian Workers Say Employers Are Failing to Prepare Them for AI Future

As artificial intelligence (AI) accelerates across industries, a growing number of Australian work...

The Times Features

Ash Won a Billboard and Accidentally Started a Movement!

When Melbourne commuters stopped mid-scroll and looked up, they weren’t met with a brand slogan or a...

Is there much COVID around? Do I need the new booster shot LP.8.1?

COVID rarely rates a mention in the news these days, yet it hasn’t gone away[1]. SARS-CoV-2, ...

Why Fitstop Is the Gym Australians Are Turning to This Christmas

And How ‘Training with Purpose’ Is Replacing the Festive Fitness Guilt Cycle As the festive season ...

Statement from Mayor of Randwick Dylan Parker on Bondi Beach Terror Attack

Our community is heartbroken by the heinous terrorist attack at neighbouring Bondi Beach last nigh...

Coping With Loneliness, Disconnect and Conflict Over the Christmas and Holiday Season

For many people, Christmas is a time of joy and family get-togethers, but for others, it’s a tim...

No control, no regulation. Why private specialist fees can leave patients with huge medical bills

Seeing a private specialist increasingly comes with massive gap payments. On average, out-of-poc...

Surviving “the wet”: how local tourism and accommodation businesses can sustain cash flow in the off-season

Across northern Australia and many coastal regions, “the wet” is not just a weather pattern — it...

“Go west!” Is housing affordable for a single-income family — and where should they look?

For decades, “Go west!” has been shorthand advice for Australians priced out of Sydney and Melbo...

Housing in Canberra: is affordable housing now just a dream?

Canberra was once seen as an outlier in Australia’s housing story — a planned city with steady e...