Prince Holding Group Welcomes SBIF Delegation & Discusses Strategic Collaborations
PHNOM PENH, CAMBODIA - Media OutReach - 16 June 2023 - Prince Holding Group (Prince Group), a leading business group in Cambodia, recently welcomed delegates from the Singapore Business Investment Forum (SBIF) to explore potential opportunities and strengthen business ties.
"Prince Group proudly employs more than 30 Singaporeans, including myself," said Gabriel Tan, Chief Communications Officer at Prince Group. "We are thrilled to host this exclusive meeting with esteemed Singaporean executives in Cambodia. At Prince Group, we deeply appreciate our international partnerships and joint endeavors. Looking ahead, we aspire to deepen our relationship with SBIF and seek out mutually advantageous collaborations."
The visiting delegation from SBIF included Albert Tan, President of SBIF, Deputy Chairman of TAFTAC, and past President of Singapore Club Cambodia (SCC); Ng Chor Yee, founder of LSH Cambodia and past President of SCC; David Sim, Project Director at Masswork and past President of SCC; Michael Kwek, Co-Founder and CEO of Deam Cambodia and past Vice President of SCC; and Zechariah Chai, General Manager of Singapore Airlines (Cambodia).
"SBIF is eager to gain a comprehensive understanding of Prince Group's operations and its array of projects. This event serves as an ideal platform for networking, exchanging ideas, and pinpointing potential areas for collaboration. We acknowledge the value of partnerships and synergies and aim to reinforce our association with Prince Group. We anticipate our collective efforts will yield strategic business opportunities with Singaporean businesses and investors," commented Albert Tan.
SBIF represents the interests and aspirations of Singaporean businesses and investors in Cambodia, both current and potential ones. It also highlights the contributions and influence of Singaporean professionals and companies in the Kingdom.
The General Department of Customs and Excise (GDCE) of Cambodia recently reported a dramatic increase in exports to Singapore, amounting to 345.7% year-on-year in the initial four months of 2023. This surge reaches nearly $224 million, a significant leap from $50.224 million during the same period in the preceding year, comprising of precious stones, agricultural products, electronic and electrical equipment as well as garment and footwear.
In this period, Singapore emerged as Cambodia's sixth-largest trading partner, accounting for 3.17% of the Kingdom's total international trade.
During their visit, the SIBF delegates toured Prince Group's headquarters, acquiring insights into its operations in the Kingdom, which encompass the commercial activities of Prince Real Estate Group and the CSR initiatives of Prince Foundation. The visit concluded with a discussion on potential business and partnership opportunities over a networking dinner.
The issuer is solely responsible for the content of this announcement.
Prince Holding Group
Prince Holding Group is one of Cambodia's largest business groups spanning real estate development, financial services, and consumer services.
Prince Holding Group's key business units in Cambodia include Prince Real Estate Group, Prince Huan Yu Real Estate Group, Prince Bank, Cambodia Airways, Belt Road Capital Management, as well as Awesome Global Investment Group. Via its subsidiaries, Prince Holding Group has over 100 businesses in Cambodia operating in real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverages, lifestyle sectors, etc.
Leveraging a network of industrial, business, and financial professionals across Asia, Prince Holding Group is firmly committed to the long-term development of Cambodia.
Moving forward, Prince Holding Group will continue to seek out opportunities to play an important role in Cambodia, through partnerships or direct investments into key industries for the betterment of Cambodians and the local economy.
Engaging experienced lawyers in Melbourne is important when dealing with legal matters. Whether it involves business, property or personal law, the ...
In industries that handle oversized materials, finding the right storage system is essential for safety and efficiency. This is where cantilever rac...
Relocating to a new home or office can often feel overwhelming, especially when you have valuable furniture and belongings to move. From organizing lo...
Relocating an office is a complex process that requires careful planning, coordination, and execution. From moving delicate electronics to arranging f...
When the scorching Queensland heat kicks in, the urge to grab a screwdriver and tackle your air conditioner fix to yourself is totally understandable...
In Australia’s construction, mining, and industrial sectors, safety and technical competence are essential for any worker handling heavy loads and l...
There’s a point every collector reaches when the chase for the latest release gives way to a deeper appreciation for quality. The thrill of new mode...
In today's fast-paced business environment, having a reliable and efficient IT infrastructure is no longer a luxury, it's a necessity. For businesse...
The design landscape in Australia has been audacious, innovative and climate-conscious at all times. Design in this area is all about striking a balan...
More Australians are investing in Invisalign to straighten their teeth, but the treatment in Australia can cost thousands of dollars and often takes m...
Nothing beats a warm summer evening spent in a gorgeous backyard. The backyard is the perfect space to unwind and spend some of the most magical momen...
Employee wellness programs are reshaping how companies think about productivity and satisfaction. When people feel healthy, they perform better, sta...
When it comes to elevating your home’s interior, few window treatments combine sophistication and practicality as effortlessly as plantation shutter...
