Cambodian Business Journal

  Globally, the COVID-19 pandemic has rewritten the fundamental assumptions that underpin numerous industries. Environmental conservation is now a critical component of Cambodia's agricultural recovery efforts, and Neak Oknha Chen Zhi and Prince Group are leading the charge. Agriculture is a vital part of Cambodia's economy, employing more than a third of the workforce, and the current crisis presents an opportunity for the sector to "build back better," according to the CGIAR, the world's largest agricultural research network. Developing countries such as Cambodia rely on agricultural exports and must abandon traditional farming practises that rely on fertilisers, pesticides, water-intensive processes, and legacy farming methods that contribute to deforestation and soil erosion. Chen Zhi and Prince Group launched the Ecological Agriculture Plantation at Prince Manor Resort in Phnom Penh, Cambodia, earlier this year. The project will establish a state-of-the-art ...

  Neak Oknha Chen Zhi, chairman of Prince Holding Group, commonly known as Prince Group, announced plans to donate $3 million to the Cambodian government's anti-epidemic efforts on March 11, in light of the increasing situation created by the rising number of COVID-19 cases in Cambodia. Chen Zhi has offered his help to the Kingdom in its time of need and has expressed strong support for Prime Minister Hun Sen's efforts to tackle the continuing epidemic. Prince Group Cambodia is one of Cambodia's greatest corporate conglomerates, having operations in real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverage, and lifestyle. Read about conglomerate -  https://www.investopedia.com/terms/c/conglomerate.asp Cambodia has recorded 1,163 coronavirus cases as of 7 a.m. on March 11. While more than half of the patients have been cured, the Kingdom has recently seen a surge in cases owing to what has been dubbed the "February 20 incide...

  Many people's working life have been altered as a result of the global pandemic, including those in Cambodia. As a good corporate citizen, Chairman Neak Oknha Chen Zhi and Prince Group established the Prince Horology Vocational Training Center, Cambodia's first independent watch school. The training school provides Cambodians with the opportunity to learn a new artisanal skill – watchmaking – and obtain valuable experience that will aid them in finding work in Cambodia and abroad. The training institution adheres to the stringent watchmaking rules set forth by Swiss regulatory organisations. Cambodia has long preserved artisanal skills for generations as a country steeped in history, with the Kingdom well-known for its ancient handwoven silk and traditional handicraft industries that boast a heritage dating back to the Khmer Empire, a significance Chen Zhi and Prince Group have always understood and appreciated. New artisanal skills, on the other hand, must be introduced to ...