Latest news with #ChenZhiScholarship
The Sun
24-04-2025
- Business
- The Sun
Prince Holding Group Wins Silver Stevie for Chen Zhi Scholarship, Advancing Educational Access in Cambodia
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.
Zawya
24-04-2025
- Business
- Zawya
Prince Holding Group Wins Silver Stevie for Chen Zhi Scholarship, Advancing Educational Access in Cambodia
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 #PrinceHoldingGroup #ChenZhiScholarship The issuer is solely responsible for the content of this announcement. Prince Holding Group
Zawya
25-03-2025
- Business
- Zawya
Shaping Cambodia's Future Leaders: Prince Foundation Celebrates 100 Scholars of Chen Zhi Scholarship Batch 4
PHNOM PENH, CAMBODIA - Media OutReach Newswire - 25 March 2025 - Prince Foundation, the philanthropic arm of Prince Holding Group, celebrated the selection of 100 Cambodian students for Batch 4 of the Chen Zhi Scholarship at a ceremony held at Prince Holding Group Headquarters. His Excellency Dr. Hang Chuon Naron, Deputy Prime Minister and Minister of Education, Youth and Sport, attended as guest of honor alongside guests from the education and private sectors. Launched by Neak Oknha Chen Zhi, chairman of Prince Holding Group, the full scholarship program provides tuition, a monthly stipend, and opportunities for internships and employment at leading Cambodian universities. The 100 scholars were chosen following a competitive selection process from over 2,500 applicants and will pursue a range of academic and career pathways. During the ceremony, H.E. Dr. Hang Chuon Naron commended Prince Foundation for its role in advancing education in Cambodia, noting that public-private partnerships are vital for nurturing young talent. "Education is a powerful tool for national development, and programs like the Chen Zhi Scholarship are essential to shaping Cambodia's future," he said. "We appreciate Prince Foundation's commitment to helping young Cambodians reach their academic and professional goals." Gabriel Tan, Head of Prince Foundation, thanked public and private sector partners for their collaboration in supporting education across the country. "We are pleased to support 100 outstanding Cambodian students on their path to success," Tan said. "Education is key to building a thriving society, and we remain dedicated to fostering the next generation of leaders who will contribute to Cambodia's progress. We thank the Ministry of Education, Youth and Sport for its support and guidance in making this program possible." Current Chen Zhi Scholar Sithea Villarose, a third-year undergraduate who studies International Business Management at the Royal University of Phnom Penh, said the scholarship has offered more than financial support. "These opportunities have allowed me to gain practical experience and prepare for real-world challenges," she said. "I'm grateful to Prince Foundation for its dedication to students' success." Government and university representatives, including H.E. Dr. Som Ratana, Undersecretary of State; Mr. Yu Virak, Deputy Director of the Higher Education Department; H.E. Vinh Bun Eang, Assistant to the Deputy Prime Minister, Minister of Education, Youth and Sport; Mr. Kong Phoumika, Director of the Department of Higher Education; Dr. Seng Bunthoeun, Vice Rector of the National University of Management; Associate Professor Kok Sothea, Vice Dean of the Faculty of Science of the Royal University of Phnom Penh; and Mr. Soy Ty, Deputy Director of the Institute of Technology of Cambodia, attended the event. Their presence underscored ongoing collaboration between the private sector and academia to strengthen Cambodia's future workforce. Since its inception in 2021, the Chen Zhi Scholarship has benefitted numerous high-achieving Cambodian students who have gone on to contribute in a range of fields. The initiative aligns with Prince Foundation's broader goal to invest in human capital development and strengthen Cambodia's socio-economic growth. Hashtag: #PrinceFoundation #ChenZhiScholarshipBatch4 #CSR #Education The issuer is solely responsible for the content of this announcement. 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, and community engagement and sports, and healthcare 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 280 philanthropic initiatives, benefiting over 1.5 million people, with donations exceeding US$18 million. Prince Foundation
Associated Press
13-03-2025
- Business
- Associated Press
Prince Holding Group Earns Fifth Consecutive ‘Best in Cambodia' Award for CSR Initiatives
Recognized at the 17th Annual Global CSR & ESG Awards for Sustainable Development Efforts PHNOM PENH, CAMBODIA - Media OutReach Newswire - 13 March 2025 - Prince Holding Group has been recognized as 'Best in Country Excellence – Best in Cambodia' at the 17th Annual Global CSR & ESG Awards, marking the fifth consecutive year the Group has received this distinction. The award highlights Prince Group's ongoing efforts in corporate social responsibility (CSR) and sustainable development guided by its Chairman, Neak Oknha Chen Zhi. Prince Holding Group received the Platinum Award at the 17th Annual Global CSR & ESG Awards for its comprehensive CSR approach, including the Chen Zhi Scholarship, which provides scholarships, mentorship, and career development opportunities to empower future leaders. Under Chairman Chen Zhi's leadership, Prince Holding Group remains focused on initiatives that promote education, healthcare, youth empowerment, and community development in Cambodia. Through its philanthropic arm, Prince Foundation, the Group continues to implement programs aimed at fostering long-term impact. One such initiative is the Chen Zhi Scholarship, a program named after Chairman Chen Zhi, which provides full financial aid, mentorship, and career development opportunities to high-achieving Cambodian students. In 2024, the program received 1,900 applications, with 100 scholars selected to receive not only financial assistance but also access to career fairs, leadership workshops, and mentorship programs. 'Receiving this award for the fifth time is a testament to our long-term commitment to Cambodia's sustainable future,' said Gabriel Tan, Chief Communications Officer of Prince Holding Group. 'Prince Group remains focused on building opportunities that empower individuals and strengthen communities. Our efforts will continue to evolve in response to Cambodia's needs.' Beyond scholarships, Chen Zhi has supported education and vocational training through key partnerships. A partnership with Nanyang Technological University (NTU) Singapore has established an educational exchange program designed to enhance cross-cultural learning and entrepreneurial skills for Cambodian students. Meanwhile, the Prince Horology Vocational Training Center continues to equip young Cambodians with specialized Swiss watchmaking skills, providing them with career pathways in a high-precision industry. Prince Foundation also strengthens healthcare access and supports mine action initiatives. In 2024, it launched an internal donation drive for Kantha Bopha's '10K Riel, 10K Donors' campaign, dedicated to pediatric healthcare in Cambodia. Additionally, Prince Foundation crafted impactful public relations content in partnership with the ASEAN Regional Mine Action Center (ARMAC) at the Siem Reap-Angkor Summit on a Mine-Free World. Prince Foundation also co-developed the Saving All From EO (SAFE) chatbot, an educational tool designed to provide accessible, user-friendly guidance on recognizing and avoiding landmines and unexploded ordnance (UXO). As Prince Holding Group moves forward, it remains committed to working alongside government agencies, NGOs, and corporate partners to advance sustainable development in Cambodia. Through targeted CSR initiatives, Prince Group continues its mission of 'Building a Better Future for Cambodia.' The issuer is solely responsible for the content of this announcement.
Zawya
13-03-2025
- Business
- Zawya
Prince Holding Group Earns Fifth Consecutive ‘Best in Cambodia' Award for CSR Initiatives
Recognized at the 17th Annual Global CSR & ESG Awards for Sustainable Development Efforts PHNOM PENH, CAMBODIA - Media OutReach Newswire - 13 March 2025 - Prince Holding Group has been recognized as "Best in Country Excellence – Best in Cambodia" at the 17th Annual Global CSR & ESG Awards, marking the fifth consecutive year the Group has received this distinction. The award highlights Prince Group's ongoing efforts in corporate social responsibility (CSR) and sustainable development guided by its Chairman, Neak Oknha Chen Zhi. Under Chairman Chen Zhi's leadership, Prince Holding Group remains focused on initiatives that promote education, healthcare, youth empowerment, and community development in Cambodia. Through its philanthropic arm, Prince Foundation, the Group continues to implement programs aimed at fostering long-term impact. One such initiative is the Chen Zhi Scholarship, a program named after Chairman Chen Zhi, which provides full financial aid, mentorship, and career development opportunities to high-achieving Cambodian students. In 2024, the program received 1,900 applications, with 100 scholars selected to receive not only financial assistance but also access to career fairs, leadership workshops, and mentorship programs. "Receiving this award for the fifth time is a testament to our long-term commitment to Cambodia's sustainable future," said Gabriel Tan, Chief Communications Officer of Prince Holding Group. "Prince Group remains focused on building opportunities that empower individuals and strengthen communities. Our efforts will continue to evolve in response to Cambodia's needs." Beyond scholarships, Chen Zhi has supported education and vocational training through key partnerships. A partnership with Nanyang Technological University (NTU) Singapore has established an educational exchange program designed to enhance cross-cultural learning and entrepreneurial skills for Cambodian students. Meanwhile, the Prince Horology Vocational Training Center continues to equip young Cambodians with specialized Swiss watchmaking skills, providing them with career pathways in a high-precision industry. Prince Foundation also strengthens healthcare access and supports mine action initiatives. In 2024, it launched an internal donation drive for Kantha Bopha's '10K Riel, 10K Donors' campaign, dedicated to pediatric healthcare in Cambodia. Additionally, Prince Foundation crafted impactful public relations content in partnership with the ASEAN Regional Mine Action Center (ARMAC) at the Siem Reap-Angkor Summit on a Mine-Free World. Prince Foundation also co-developed the Saving All From EO (SAFE) chatbot, an educational tool designed to provide accessible, user-friendly guidance on recognizing and avoiding landmines and unexploded ordnance (UXO). As Prince Holding Group moves forward, it remains committed to working alongside government agencies, NGOs, and corporate partners to advance sustainable development in Cambodia. Through targeted CSR initiatives, Prince Group continues its mission of "Building a Better Future for Cambodia." Hashtag: #ChenZhi #PrinceHoldingGroup #PrinceGroup #ChenZhiScholarship The issuer is solely responsible for the content of this announcement. Prince Holding Group
