Prince Holding Group Welcomes SBIF Delegation & Discusses Strategic Collaborations
PHNOM PENH, CAMBODIA - Media OutReach - 16 June 2023 - Prince Holding Group (Prince Group), a leading business group in Cambodia, recently welcomed delegates from the Singapore Business Investment Forum (SBIF) to explore potential opportunities and strengthen business ties.
"Prince Group proudly employs more than 30 Singaporeans, including myself," said Gabriel Tan, Chief Communications Officer at Prince Group. "We are thrilled to host this exclusive meeting with esteemed Singaporean executives in Cambodia. At Prince Group, we deeply appreciate our international partnerships and joint endeavors. Looking ahead, we aspire to deepen our relationship with SBIF and seek out mutually advantageous collaborations."
The visiting delegation from SBIF included Albert Tan, President of SBIF, Deputy Chairman of TAFTAC, and past President of Singapore Club Cambodia (SCC); Ng Chor Yee, founder of LSH Cambodia and past President of SCC; David Sim, Project Director at Masswork and past President of SCC; Michael Kwek, Co-Founder and CEO of Deam Cambodia and past Vice President of SCC; and Zechariah Chai, General Manager of Singapore Airlines (Cambodia).
"SBIF is eager to gain a comprehensive understanding of Prince Group's operations and its array of projects. This event serves as an ideal platform for networking, exchanging ideas, and pinpointing potential areas for collaboration. We acknowledge the value of partnerships and synergies and aim to reinforce our association with Prince Group. We anticipate our collective efforts will yield strategic business opportunities with Singaporean businesses and investors," commented Albert Tan.
SBIF represents the interests and aspirations of Singaporean businesses and investors in Cambodia, both current and potential ones. It also highlights the contributions and influence of Singaporean professionals and companies in the Kingdom.
The General Department of Customs and Excise (GDCE) of Cambodia recently reported a dramatic increase in exports to Singapore, amounting to 345.7% year-on-year in the initial four months of 2023. This surge reaches nearly $224 million, a significant leap from $50.224 million during the same period in the preceding year, comprising of precious stones, agricultural products, electronic and electrical equipment as well as garment and footwear.
In this period, Singapore emerged as Cambodia's sixth-largest trading partner, accounting for 3.17% of the Kingdom's total international trade.
During their visit, the SIBF delegates toured Prince Group's headquarters, acquiring insights into its operations in the Kingdom, which encompass the commercial activities of Prince Real Estate Group and the CSR initiatives of Prince Foundation. The visit concluded with a discussion on potential business and partnership opportunities over a networking dinner.
The issuer is solely responsible for the content of this announcement.
Prince Holding Group
Prince Holding Group is one of Cambodia's largest business groups spanning 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 100 businesses in Cambodia operating in real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverages, 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.
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.
As climate consciousness rises and energy costs soar, energy-efficient roof restoration has become a significant focus in Sydney. Whether you're renovating an old roof or enhan...
Brisbane residents have been feeling the pinch as water costs continue to climb. With increasing prices, it's no wonder many households are searching for ways to ease the burde...
Consequently, energy efficiency as well as sustainability are two major considerations prevalent in the current market for homeowners and businesses alike. Hence, integrated heat...
Dental implants are now among the top solutions for those seeking to replace and improve their teeth. But are dental implants suitable for you? Here you will find out more about ...
Australians are exposed to some of the highest levels[1] of solar ultraviolet (UV) radiation in the world.
While we tend to focus on avoiding UV damage to our skin, it’s impor...
The Pantone Color of the Year never fails to set the tone for the coming year's design, fashion, and lifestyle trends.
For 2025, Pantone has unveiled “Mocha Mousse,” a rich a...
Melbourne city is the second-largest city in Australia boosting a number of cosmopolitan, multicultural and vivacious attributes that attract expats from around the world. Located along the banks of the stunning River Yarra, Melbourne is envelope...
The ever-evolving wave of technology has been changing the world around us for years. Right from colour television to our cell phones being connected to the internet, the world has indeed embraced technology with open arms.
In a short span of t...
Residents across the state can take advantage of the NSW Government's new incentive to make battery storage more affordable. Installing more batteries across NSW will enable homes and businesses to maximise their use of generated solar energy, lo...
Advantages of Installing an Electrical SubBoard
Installing an electrical subboard is a great way to keep your home or business safe and properly wired. By adding a subboard to your existing wiring system, you can increase the safety and efficien...
Among the many concerning online trends observed during COVID-19, the rapid rise of cyberattacks stands out. During the global crisis, Australia experienced a significant increase in pandemic-related phishing scams, as criminals exploited widespr...
Choose the right bedding this is the first step to providing a healthy atmosphere for your hens. Natural bedding materials promote improved air quality with minimal smells, disease prevention, and more. Organically and biodegradable chicken beddi...
