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Showing posts from April, 2022

Instilling Confidence In Future Cambodian Watchmakers

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  Cambodia Chen Zhi , philanthropist and watch enthusiast, inspires future Cambodian watchmakers with a class visit.  https://bestnewsocietydevelopment.wordpress.com/2022/02/16/developing-watchmaking-skills-in-cambodia/ Neak Oknha Chen Zhi, Chairman of the Prince Holding Group, one of Cambodia's largest and fastest-growing conglomerates, paid a visit to students at the Prince Horology Vocational Training Center who are learning the art of Swiss watchmaking. The six Cambodian students, who are currently receiving full scholarships and stipends, are set to graduate as the country's first watchmakers capable of repairing and assembling watches to Swiss standards, which are widely regarded as the gold standard in the world of luxury watches. Chen Zhi has given personal attention to the institute, which is supported by the Prince Foundation, the Group's philanthropic arm. The centre is a critical component of the Group's broader efforts to improve education in Cambodia throu

Investing Done Into The Airport

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  Today, Prince Bank Plc. invested an additional $35 million in the Techo International Airport (TIA) Guaranteed Bond, bringing the total investment to $50 million. Prince Bank feels privileged to be a part of this significant transportation infrastructure project, which will benefit the Kingdom for decades to come. The TIA bond issue's first and largest subscriber is Prince Bank. A signing ceremony was performed with Cambodia Airport Investment Co., Ltd. (CAIC) and Overseas Cambodian Investment Corporation (OCIC) for a $35 million further investment on the Guaranteed Bond Agreement. Neak Oknha Chen Zhi, Chairman of Prince Bank Plc, and Neak Oknha Dr. Pung Kheav Se, Chairman of OCIC and CAIC, were present at the signing event. Mr. Honn Sorachna, CEO and Managing Director of Prince Bank Plc., and Mr. Charles Vann, Director of CAIC, signed the agreement. Directors and senior management from OCIC, CAIC, and Prince Bank were also in attendance. Cambodia Airport Investment Co., Ltd. (CA