The Times Australia
News From Asia

.

Chairman Chen Zhi and Prince Holding Group Win Dual Awards at Global Brand Awards 2024

Chairman Chen Zhi Secures Visionary Leader Award as Prince Group Captures Best CSR Program

PHNOM PENH, CAMBODIA - Media OutReach Newswire - 21 May 2024 -Neak Oknha Chen Zhi, Chairman of Prince Holding Group, has been honored with the prestigious Visionary Leader Award for the second consecutive year at the Global Brand Awards 2024.

Simultaneously, Prince Holding Group has received the "Best CSR Program" award for its transformative Chen Zhi Scholarship initiative, highlighting the Group's commitment to corporate social responsibility.

Under Chairman Neak Oknha Chen Zhi
Under Chairman Neak Oknha Chen Zhi's leadership, Prince Holding Group has adhered to international standards, expanding into real estate, financial services, and consumer services, solidifying its status as one of Cambodia’s leading business groups.

As a prominent figure in Cambodian entrepreneurship, Chairman Chen Zhi has significantly shaped the country's economic landscape. Under his stewardship, Prince Group has adhered to international standards, diversifying into sectors such as real estate development, financial services, and consumer services. This strategic expansion has solidified Prince Group's status as one of Cambodia's leading business groups.

In addition to his business acumen, Chairman Chen Zhi is renowned for his philanthropic contributions, primarily through Prince Foundation. The Group's philanthropic arm has initiated over 250 projects, positively affecting more than 1.2 million individuals and donating upwards of US$16 million. In 2023 alone, Prince Foundation has invested approximately three-quarters of a million dollars.

Gabriel Tan, Chief Communications Officer at Prince Holding Group, highlighted the significance of these accolades, stating, "These awards at the Global Brand Awards 2024 underscore our unwavering commitment to excellence and social responsibility. Under Chairman Chen Zhi's visionary leadership and through initiatives like the Chen Zhi Scholarship program, we are dedicated to fostering Cambodia's future leaders and innovators."

The Chen Zhi Scholarship program, endorsed by H.E. Dr. Hang Chuon Naron, Minister of Education, Youth, and Sports, commits $2 million to support 400 Cambodian university students over seven years. The program offers financial aid and practical experience, providing internships and career opportunities in fields such as civil engineering, media communications, and hospitality.

These awards not only recognize the unique approach of the Chen Zhi Scholarship program, which blends academic support with real-world experience, but also highlight Prince Group's role as a catalyst in promoting economic growth and educational advancement in Cambodia.

The Global Brand Awards was established to honor outstanding performances and recognize excellence across various industries. These prestigious awards identify and celebrate industry leaders who excel in their fields, providing a platform to acknowledge their achievements.
Hashtag: #PrinceHoldingGroup, #PrinceFoundation, #ChenZhi, #ChenZhiScholarship

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, and Awesome Global Investment Group. Via its subsidiaries, Prince Holding Group has over 100 businesses in Cambodia operating in real estate development, banking, finance, 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.

About Prince Foundation

Prince Foundation, founded in 2015, is one of Cambodia's leading philanthropic foundations. A member of Prince Holding Group, which is one of the largest business groups in Cambodia, the Foundation aims to work with local communities to build thriving living and working environments that elevate people's well-being and livelihoods, following the vision: "Together, Building a Better Future for Cambodia."

Focusing on education and youth development, healthcare, community engagement, and sports initiatives, Prince Foundation works with partners to deliver sustainable programs that enhance opportunities for Cambodia's youths, build resilience in communities, and contribute to sustainable infrastructure.

The Foundation's flagship projects are the Chen Zhi Scholarship, offering full scholarships, stipends, internships, and work opportunities to 400 Cambodian university students over a period of seven years, and Prince Horology, where aspiring Cambodian watchmakers learn the art of Swiss-style watchmaking in a state-of-the-art facility. Prince Foundation has launched more than 250 philanthropic initiatives, benefiting over 1.2 million people, with donations exceeding US$16 million.

Times Magazine

Building an AI-First Culture in Your Company

AI isn't just something to think about anymore - it's becoming part of how we live and work, whether we like it or not. At the office, it definitely helps us move faster. But here's the thing: just using tools like ChatGPT or plugging AI into your wo...

Data Management Isn't Just About Tech—Here’s Why It’s a Human Problem Too

Photo by Kevin Kuby Manuel O. Diaz Jr.We live in a world drowning in data. Every click, swipe, medical scan, and financial transaction generates information, so much that managing it all has become one of the biggest challenges of our digital age. Bu...

Headless CMS in Digital Twins and 3D Product Experiences

Image by freepik As the metaverse becomes more advanced and accessible, it's clear that multiple sectors will use digital twins and 3D product experiences to visualize, connect, and streamline efforts better. A digital twin is a virtual replica of ...

The Decline of Hyper-Casual: How Mid-Core Mobile Games Took Over in 2025

In recent years, the mobile gaming landscape has undergone a significant transformation, with mid-core mobile games emerging as the dominant force in app stores by 2025. This shift is underpinned by changing user habits and evolving monetization tr...

Understanding ITIL 4 and PRINCE2 Project Management Synergy

Key Highlights ITIL 4 focuses on IT service management, emphasising continual improvement and value creation through modern digital transformation approaches. PRINCE2 project management supports systematic planning and execution of projects wit...

What AI Adoption Means for the Future of Workplace Risk Management

Image by freepik As industrial operations become more complex and fast-paced, the risks faced by workers and employers alike continue to grow. Traditional safety models—reliant on manual oversight, reactive investigations, and standardised checklist...

The Times Features

Flipping vs. Holding: Which Investment Strategy Is Right for You?

Are you wondering whether flipping a property or holding onto it is the better investment strategy? The answer isn’t one-size-fits-all. Both strategies have distinct advantages a...

Why Everyone's Talking About Sea Moss - And Should You Try It Too?

Sea moss - a humble marine plant that’s been used for centuries - is making a major comeback in modern wellness circles. And it’s not just a trend. With growing interest from athle...

A Guide to Smarter Real Estate Accounting: What You Might Be Overlooking

Real estate accounting can be a complex terrain, even for experienced investors and property managers. From tracking rental income to managing property expenses, the financial in...

What Is the Dreamtime? Understanding Aboriginal Creation Stories Through Art

Aboriginal culture is built on the deep and important meaning of Dreamtime, which links beliefs and history with the elements that make life. It’s not just myths; the Dreamtime i...

How Short-Term Lenders Offer Long-Lasting Benefits in Australia

In the world of personal and business finance, short-term lenders are often viewed as temporary fixes—quick solutions for urgent cash needs. However, in Australia, short-term len...

Why School Breaks Are the Perfect Time to Build Real Game Skills

School holidays provide uninterrupted time to focus on individual skill development Players often return sharper and more confident after structured break-time training Holid...