Asian Wonders

  For the upcoming academic year, Prince Charitable Foundation, the charitable arm of Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest growing conglomerates, will sponsor the Career Preparation programme run by Caring for Cambodia, a leading charity that provides free education to 7,000 impoverished students. The partnership with Caring for Cambodia, announced on International Youth Day, exemplifies how Prince Group has embarked on a new journey at a critical time when youth unemployment in Cambodia is expected to rise due to the worsening COVID-19 pandemic situation. Prince Group hopes to invest in Cambodia's future by empowering and validating an institutional approach to youth development by supporting the Career Preparation programme. “We are pleased to partner with Prince Holding Group as we look to expand and enhance our Career Preparation program,” said Jamie Amelio, Founder and CEO of Caring for Cambodia. “In the new environment def

  The masterplan for Ream City , in Cambodia's Sihanoukville province, was recently unveiled, with the goal of transforming the area into an exciting tourist destination. This large-scale development, which spans more than 6 kilometres of beachfront, will include a sustainable ecosystem of tourism, commercial, and residential activity, with the capacity to house up to 130,000 people. The 834-hectare project is being developed by Canopy Sands Development, a subsidiary of the Cambodian conglomerate Prince Holding Group, and will include family attractions, condominiums, landed and beachfront homes and affordable housing estates, shopping malls, business hubs, beach resorts, hotels, condotels, and a yacht and marina club. The masterplan, which was completed by Singapore-based Surbana Jurong Group, is a significant step toward making Ream City's vision a reality. “We are currently preparing for downstream developments, including utilities and road infrastructure as well as secondar

  Despite the devastating impact of the COVID-19 outbreak on Southeast Asian economies, Cambodia continues to be an attractive investment opportunity for real estate investors due to its unique position at the crossroads of several trends. Cambodia has undergone a significant transition in the two decades since the Khmer Rouge disbanded. The country, once infamous for widespread poverty and ongoing civil strife, has outperformed expectations, having achieved lower-middle-income status by 2015 and aiming for upper-middle-income status by the end of the decade. It has not experienced a recession in more than two decades. Cambodia is an integral part of the ASEAN community and a key launchpad for China's Belt and Road Initiative. However, Cambodia has seen an increase in foreign investment from a variety of sources over the last few years. It appears to be benefiting recently from a reshoring drive as businesses seek to relocate or expand in Southeast Asia. Not only does Cambodia prov

  Cambodia has experienced tremendous economic growth in the last ten years or so. As a result, you will be able to capitalise on a wide range of business areas and opportunities in the region. If you want to start or invest in a business in Cambodia in 2021, there are numerous opportunities in a variety of sectors, including: 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, the garment industry, transportation and logistics, and energy are among the best Cambodian business ideas for 2021. Real Estate Investing Cambodia is without a doubt one of Asia's fastest growing frontier markets for real estate property buyers. Buying properties in Cambodia and renting them out or selling them later for huge profit margins is one of the best inve

  Prince Real Estate helps 804 underprivileged families in Chamkarmon District who were affected by the community outbreak on February 20. Prince Holding Group (“Prince Group”), one of Cambodia's largest and fastest-growing conglomerates, and Chairman Neak Oknha Chen Zhi have announced plans to donate US$3 million to anti-pandemic efforts in the Kingdom in response to the Cambodian government's request for assistance in combating the Covid-19 outbreak on February 20, 2021. This follows Chen Zhi's initial donation of US$3 million in December to assist Cambodia in purchasing COVID-19 vaccines. Furthermore, Prince Real Estate, a member of Prince Group, has distributed vital food supplies to 804 families in need and 234 members of the police force in Chamkarmon District, Phnom Penh, Cambodia, affected by the February 20, 2021 Covid-19 outbreak, following in the footsteps of Prince Group and Chen Zhi. While the Cambodian government has provided unprecedented assistance, totalin

  The COVID-19 pandemic has reset fundamental assumptions underpinning various industries all over the world. In Cambodia, environmental conservation is now an important component of agricultural recovery efforts, and Neak Oknha Chen Zhi and Prince Group are leading the way. Agriculture employs more than a third of Cambodians, 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 shift away from traditional farming practises that use fertilisers, pesticides, water-intensive processes, and legacy farming methods, all of which contribute to increased 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, a cutting-edge agricultural hub at a new real estate development that will plant th