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Showing posts from June, 2021

Cambodian Best Business Ideas In 2021

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  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

Leading The Way For Anti-Pandemic Initiatives

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  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

Sustainable Agriculture For Cambodian People

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  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

500 Families Being Helped

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  Cambodian conglomerate's charitable arm engages local community as key stakeholders in upcoming 834-hectare project Prince Charitable Foundation, the charitable arm of Prince Holding Group ('Prince Group'), one of Cambodia's largest and fastest growing conglomerates, has distributed care packages to 500 families in Ong village in Cambodia's Prey Nob district. The village is located near the Ream City project, an 834-hectare development on reclaimed land near Sihanoukville International Airport that is expected to transform the region. The gesture of goodwill occurred last week, and senior management from Canopy Sands Development, a Prince Group company, used the opportunity to consult with community leaders to better understand their needs. The aid campaign in Ong Village is the Prince Group's latest environmental, social, and governance (ESG) initiative. Each care package included 25 kilogrammes of rice, a mat, a blanket, two pillows, a mosquito net, and a Ca

Combating The Ongoing Pandemic

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  On March 11, in light of the deteriorating situation in Cambodia as a result of the growing number of COVID-19 cases, Neak Oknha Chen Zhi, chairman of Prince Holding Group, or Prince Group, reaffirms the Group's commitment to social responsibility by announcing plans to donate $3 million to Cambodia's anti-epidemic efforts. Chen Zhi Prince Group has offered assistance to the Kingdom during this difficult time and expressed strong support for Prime Minister Hun Sen's efforts to combat the ongoing epidemic. Prince Group is one of Cambodia's largest corporate conglomerates, with operations in real estate development, banking and finance, aviation, tourism, logistics, technology, food and beverages, and lifestyle. Cambodia had reported 1,163 coronavirus cases as of 7 a.m. on March 11. While more than half of the cases have been cured, the Kingdom has recently seen a surge in cases as a result of what is being referred to locally as the "February 20 incident," w