Prince Holding Group Wins Silver Stevie for Chen Zhi Scholarship, Advancing Educational Access in Cambodia
Prince Holding Group wins the Silver Stevie® Award in the Innovative Achievement in Corporate Social Responsibility category at the 2025 Asia-Pacific Stevie Awards for its Chen Zhi Scholarship Program, which provides comprehensive educational support to Cambodian students.
PHNOM PENH, CAMBODIA - Media OutReach Newswire - 24 April 2025 - Prince Holding Group has received a Silver Stevie® Award in the Innovative Achievement in Corporate Social Responsibility category at the 2025 Asia-Pacific Stevie Awards, recognizing its efforts to expand educational opportunities in a country where fewer than one in five young people pursue higher education.The Chen Zhi Scholarship Program , now in its fourth year, represents a seven-year, $2 million commitment championed by Neak Oknha Chen Zhi , chairman of Prince Holding Group. The initiative addresses a critical gap in Cambodia's educational infrastructure, where only 17.9 percent of youth access tertiary education.This is the second consecutive year Prince Holding Group has been recognized in this category, underscoring the program's growing influence on Cambodia's educational landscape. The 2025 Asia-Pacific Stevie Awards attracted more than 1,000 entries from 29 markets across the region."This international recognition for the Chen Zhi Scholarship reflects our belief in education's transformative power," said Gabriel Tan, chief communications officer of Prince Holding Group. "The award reinforces our commitment to reaching students in communities where opportunity has historically been limited."In 2024, the scholarship selected 100 students from more than 1,900 applicants across multiple provinces. Beyond financial support, recipients participate in specialized workshops on artificial intelligence, public speaking, and financial literacy while gaining internship opportunities with over 50 partner companies of Prince Holding Group.The program represents a significant private sector intervention in Cambodia's education system, which continues to rebuild following decades of conflict and underinvestment. By providing 400 students with comprehensive support including mentorship and skills development, the initiative addresses both immediate educational needs and longer-term workforce development challenges.Administered by Prince Foundation, the Group's philanthropic arm, in collaboration with Cambodia's Ministry of Education, Youth and Sport, the program aligns with national priorities to expand educational access and develop skilled professionals who can contribute to Cambodia's economic diversification and growth.The Stevie Awards, considered premier business honors globally, have recognized excellence in the Asia-Pacific region for over a decade. This year's winners include organizations from 23 markets, including Cambodia, Australia, Japan, Singapore, and Vietnam.Hashtag: #PrinceHoldingGroup #ChenZhiScholarship
The issuer is solely responsible for the content of this announcement.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Sun
10 hours ago
- The Sun
Vingroup and Gulf States Pursue Sustainability-Led Growth as Legacy Powerhouses Reinvent
HANOI, VIETNAM - Media OutReach Newswire - 6 June 2025 - Vietnam's Vingroup and Gulf nations share parallel journeys of strategic reinvention, as the old playbooks that delivered decades of growth are showing their limits. While Gulf countries built wealth on fossil fuel, Vingroup created enormous value through real estate and hospitality. Both are now shifting beyond their legacy sectors: Vingroup focuses on digital innovation and sustainability, and the Gulf nations seeks to diversify beyond hydrocarbons. For them, strategic reinvention becomes the logical response. Not disruption for disruption's sake, but calculated transformation grounded in self-preservation and innovation. Their experiences offer valuable lessons on how legacy powerhouses can adapt to structural transformation. A new growth engine that's not oil The UAE and Qatar demonstrate how national strategy can drive transformation. The UAE's Net Zero by 2050 initiative links energy policy with investment decisions and foreign relations. Qatar's National Vision 2030 embeds environmental stewardship into economic planning. More than just being aspirational, these documents translate into concrete investments. For example, the UAE committed over $54 billion to clean energy infrastructure, while Qatar doubled its solar capacity to 1.675 GW by 2025[1], cutting CO₂ emissions significantly. Sovereign wealth funds play crucial roles. Mubadala and QIA direct capital into clean technology as diversification hedges, treating green investments as strategic portfolio moves that reduce long-term risk while capturing growth opportunities. A Southeast Asian reinvention Turning to Southeast Asia, the story Vingroup mirrors many of the same themes of strategic reinvention seen in the Gulf. Originally a property development powerhouse, the conglomerate diversified into other fields such as electric vehicle production, smart technology, and green manufacturing. VinFast, its automotive arm, delivered over 97,000 electric cars in 2024 and targets 200,000 deliveries in 2025. In the context of Vietnam aiming to become a high-income country in its 'era of national rise', Vingroup functions as a national champion, building the country's first global EV brand while creating jobs and technological capabilities. The company's manufacturing complex in Hai Phong utilizes green practices and scales to serve both domestic and export markets. The broader ecosystem reflects systematic thinking. VinBus provides electric public transport in major cities. Smart homes in Vinhomes developments showcase energy efficiency. AI and IoT technologies optimize resource use across business lines. Each initiative reinforces the others. When green visions align Shared motivations drive collaboration. Both regions face climate urgency, pursue economic resilience, and seek global relevance. Complementary strengths make partnership logical. For example, the UAE's Masdar built Indonesia's largest floating solar plant[2]. Vingroup's EV arm, VinFast, opened regional showrooms and has signed several MOUs with regional reputable companies. Vietnam and the UAE signed their first trade pact, focusing on technology exchange. These ties leverage unique strengths: the Gulf states brings capital, energy expertise, and execution; Southeast Asia offers manufacturing, markets, and innovation capacity. In their collaboration, the Gulf states and Vingroup prove legacy players can align vision and capital for systemic change. Sustainability, when policy-led, becomes a growth pathway. Strategic reinvention turns challenges into advantages.
The Sun
12 hours ago
- The Sun
EKOUAER Debuts in Monaco as Exclusive VIP Gifting Partner on Titania Yacht
MONTE CARLO, MONACO - Media OutReach Newswire - 6 June 2025 - During the 2025 Monaco Grand Prix, EKOUAER debuted as the Exclusive VIP Gifting Partner aboard the Titania yacht—a milestone in its evolution from trusted loungewear brand to symbol of modern, elevated luxury. Against the backdrop of one of motorsport's most prestigious events, EKOUAER shared its vision: that comfort and elegance can seamlessly coexist. Guests aboard Titania were invited to experience this philosophy firsthand through pieces that reflect the brand's core values—softness, simplicity, and quiet sophistication. Throughout the weekend, the Titania yacht—moored at Port Hercules with views of the circuit—served as a serene escape from the high-energy race atmosphere. EKOUAER outfitted the yacht's VIP suites with curated selections of its signature loungewear, offering guests a tactile introduction to its philosophy: relaxed refinement suited for both private and elevated settings. Highlights included the Satin Silky Pajama Set, a lightweight two-piece with a button-down top and wide-leg pants, ideal for sleep or stylish lounging. The Classic Satin Pajama Set featured timeless piping and tailored lines, perfect for layering or unwinding. For warmer moments, the Satin Top and Shorts Set combined long sleeves with breezy shorts for a polished yet relaxed fit. As the exclusive partner aboard Titania, EKOUAER brought its signature take on effortless luxury to life during the Monaco Grand Prix: • Inside the VIP suites, guests were welcomed with hand-selected EKOUAER loungewear—creating a private, comfortable space to unwind between events. • Every guest received a thoughtfully curated gift set, offering a lasting reminder of Monaco's signature softness and ease. Luxury That Speaks Through Experience Throughout the weekend, guests praised EKOUAER's pieces for their softness and breathability, offering instant comfort after a day of social events and race-day energy. A Defining Step in EKOUAER's Global Journey As boundaries between fashion, lifestyle, and wellness continue to dissolve, EKOUAER stands at the forefront of a cultural shift: where what we wear is not just about how we look, but how we live. By bringing its signature loungewear to one of the world's most prestigious stages, EKOUAER challenges the conventional limits of comfort wear. No longer reserved for the home, its pieces speak to a new standard—where elegance is effortless, intention is inherent, and luxury is measured by how it makes you feel.
The Sun
14 hours ago
- The Sun
SIBUR unveils updated sustainability strategy through 2030
MOSCOW, RUSSIA - Media OutReach Newswire - 6 June 2025 - SIBUR, Russia's largest producer of polymers and rubbers, has successfully concluded its five-year sustainability strategy and presented new targets for the next five-year period, 2025–2029. By 2030, the company aims to recycle at least 600,000 tonnes of plastic waste through its own and partner initiatives, including through the expansion of contract manufacturing for processing various types of plastics. In 2024, SIBUR recycled 111,000 tonnes of polymer waste, surpassing its target of 100,000 tonnes per year. Over the next five years, SIBUR plans to increase its annual output of sustainable products – those made with lower greenhouse gas (GHG) emissions or that incorporate recycled or bio-based feedstock – to 400,000 tonnes. For comparison, the company produced 287,000 tonnes of such products in 2024. 'Polymers are becoming an essential element in the global energy transition and green economy; their role in reducing emissions and improving energy efficiency is only growing,' said Nadezhda Galaktionova, Head of Sustainability and Climate Solutions at SIBUR. 'That's why we were the first company in Russia to make increasing revenue from sustainable product sales a specific financial target in our ESG strategy.' Another ambitious goal set by SIBUR for 2025–2029 is the development, implementation and scaling of chemical recycling technologies for mixed plastics (thermolysis). This innovative approach aims to significantly improve plastic waste management in Russia. In the next five years, SIBUR intends to achieve carbon neutrality at two more facilities through improved energy efficiency, purchases of green electricity, and the allocation of carbon units. Under the previous strategy, the company's SIBUR-PETF plant in the Tver region became Russia's first carbon-neutral production site. By 2030, SIBUR also plans to reduce its GHG emissions per tonne of product by 10% compared with 2024 levels and to support at least two nature-based climate projects. Under the previous strategy, the company verified over 3 million carbon units from climate projects at its facilities and planted more than 5 million trees. The new strategy also targets a 10% reduction in water consumption for operational needs. By 2030, SIBUR aims to increase the percentage of women in engineering and production roles at the company to at least 30% and to provide additional support for working mothers.
