Business Daily Media

The Times


.

Prince Foundation Concludes Final Interviews for Chen Zhi Scholarship's Third Cohort

PHNOM PENH, CAMBODIA - Media OutReach Newswire - 7 March 2024 - In an effort to support Cambodia's educational development, Prince Foundation, the philanthropic arm of Prince Holding Group, recently conducted the final interviews for its Chen Zhi Scholarship program.



Prince Foundation, the philanthropic arm of Prince Holding Group, recently conducted the final interviews for its Chen Zhi Scholarship program.
Prince Foundation, the philanthropic arm of Prince Holding Group, recently conducted the final interviews for its Chen Zhi Scholarship program.

This initiative, named after Chen Zhi, Chairman of Prince Group, and strongly supported by Prince Group management team, not only covers full tuition fees but also provides a monthly stipend, enabling students to study at Cambodia's top universities by alleviating their financial concerns.

This year, the scholarship committee had the task of selecting 100 finalists from 1,900 applicants, focusing on those who showed promise in contributing to Cambodia's future through their academic and extracurricular activities. The final interviews were held at Prince Holding Group's headquarters, with assistance from the Batch 1 and Batch 2 scholars.

The Chen Zhi Scholarship interview day had H.E. Sann Vathana, Under Secretary of State of the Ministry of Education, Youth and Sport, as guest of honor, lauding the initiative for its alignment with national educational goals.

"The Chen Zhi Scholarship represents a significant stride towards empowering our youth and steering our nation towards a knowledge-based economy," H.E. Vathana stressed.

He added, "We are proud to partner with Prince Group and Prince Foundation, and we commend their efforts in nurturing talent and creating opportunities for deserving Cambodian students."

Gabriel Tan, Chief Communications Officer at Prince Group, acknowledged the finalists' varied backgrounds and aspirations. "The variety and determination of these candidates stood out. Their aspirations for their future and academic development give us confidence in their potential to contribute to Cambodia's progress," Tan noted.

The selection process for the scholarship was rigorous, focusing on academic achievements, leadership qualities, and the ability to articulate a vision for personal and societal growth. The candidates' eagerness to contribute to Cambodia's socio-economic development was a recurring theme throughout the interviews.

The announcement of the final 100 awardees is set for mid-March and will be made available on Prince Foundation's website and social media platforms.

The Chen Zhi Scholarship moves forward with a commitment to fostering innovation, leadership, and civic- engagement, qualities valued by Chairman Chen Zhi and Prince Group. This program aims to serve as a foundation for nurturing Cambodia's upcoming leaders.Hashtag: #PrinceFoundation #PrinceHoldingGroup #ChenZhiScholarship2024

The issuer is solely responsible for the content of this announcement.

About Chen Zhi Scholarship

Chen Zhi Scholarship program is an annual scholarship program led by philanthropist Neak Oknha Chen Zhi, Chairman of Prince Holding Group, in collaboration with the Ministry of Education, Youth and Sport (MoEYS), for benefitting 400 Cambodian university students over a seven-year period.

Since its inception, Chen Zhi Scholarship has offered transformative prospects to numerous Cambodian students, enabling them to pursue academic aspirations and make meaningful contributions to Cambodia's progress.

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 Chen Zhi Scholarship, offering full scholarships, stipends, internship 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 250 philanthropic initiatives, benefiting over 1.2 million people, with donations exceeding US$16 million.

News from Asia

AEON Bank Biz Powers Up Business Growth with Term Financing-i and Working Capital Financing-i

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 7 July 2026 - AEON Bank (M) Berhad, Malaysia's first digital Islamic bank, has expanded its business banking financing facilities with the introd...

As EVs Become the Majority of New Car Registrations in Singapore, Allianz Highlights a Shift in Ownership Mindset

SINGAPORE - Media OutReach Newswire - 7 July 2026 - Electric vehicles (EVs) have reached a defining milestone in Singapore. Allianz Insurance Singapore says the national EV conversation is evolvin...

Transformation World 2026: The Best Data for Business AI

New Kyano® product innovations: Agentic AI for data migrations and unstructured data solutions Kyano Lorna supports customers with AI-powered project intelligence SNP an...

Shanghai - New York: to Become a Benchmark for China-U.S. Subnational Cooperation

SHANGHAI, CHINA - Media OutReach Newswire - 7 July 2026 - On June 30, 2026, New York time, the launch ceremony and New York Forum for OUR WATER Season 3 were successfully held at Bloomberg Headqu...

Prudential Singapore tops global MDRT Culture of Excellence (COE) Awards with 29 agency leaders recognised in 2026

Agency leader Bryan Phang is the sole COE (Diamond Agency) winner to achieve four consecutive award wins; Prudential’s solid showing underpinned by its strong knowledge sharing and mentorship cultu...

L'Occitane En Provence Helps Malaysians Address Hair Fall Through Expert Hair & Scalp Diagnosis

Backed by Over 105,000 Hair & Scalp Diagnosis Conducted in Malaysia, L'Occitane Advocates Understanding the Cause Before Choosing the SolutionKUALA LUMPUR, MALAYSIA - Media OutReach Newswire -...

Hong Kong Residential Purchasing Power Released as Prices and Sales Rise, CRE Investment Momentum Sustains

Core Grade A Offices Lead Rental Recovery, Hong Kong Island High Streets Outperform Kowloon Residential Market: Q2 residential transaction numbers increased by 19% q-o-q and 32% y-o-y to rea...

China Hong Kong Motorsports Centre Launches HK Youth Karting Championship 2026

Creating a More Accessible Racing Pathway for Young Hong Kong Drivers to Progress Towards the Asian and International Motorsport StageEvent to be Held at Guangzhou Conghua International Circuit on ...

From Race Circuit to Global Supply Chains: DHL Powers Formula E’s Boldest Season Yet in Shanghai

Formula E Season 12 accelerates global expansion and sustainability milestones as DHL delivers precision logistics behind one of the world's most complex sporting championships Ba...

StarCharge Releases Industry White Papers: From Infrastructure to Network Systems, Microgrids Moving from Customization to Scaling Up Development

CHANG ZHOU, CHINA - Media OutReach Newswire - 7 July 2026 - The global new energy vehicle market has seen rapid growth in recent years. With continued strong expectations for new energy vehicle ex...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...