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Prince Holding Group and CanCham Explore Synergies for Future Partnerships in Cambodia

PHNOM PENH, CAMBODIA – Media OutReach – 1 June 2023 – Prince Holding Group (PHG) recently hosted members of the Canadian Chamber of Commerce in Cambodia (CanCham) for a courtesy visit and dinner at its corporate headquarters. The purpose of this event was to introduce CanCham members to the Group’s innovative activities and explore potential collaborations.

PHG_CanCham.png
Prince Holding Group (PHG) hosted members of the Canadian Chamber of Commerce in Cambodia at PHG Headquarters

CanCham, dedicated to supporting Canadian companies and entrepreneurs in Cambodia, discovered shared values of networking, collaboration, and innovation with PHG, forging a valued connection between the two organizations.

“We value corporate visits as they provide our members with insights into business activities and potential collaborations. Prince Group, one of the largest conglomerates in Cambodia, has initiated and undertaken several remarkable projects that have significantly contributed to the development of the country and the Cambodian economy. Prince is a reliable source for Canadian investors in the kingdom,” said Frederic Proulx, Chairman of CanCham. “CanCham’s mission is to promote and support Canadian businesses in Cambodia, and this event perfectly aligns with that mission. We firmly believe in the power of collaboration and networking, and partnering with a dynamic and innovative organization like Prince Holding Group holds immense potential. This visit marks the beginning of what we hope will be a fruitful relationship,” he added.

“At Prince Holding Group, our business units have expanded to include multinational management teams over the years. Courtesy visits from international business chambers provide an excellent window of opportunity to enhance the entrepreneurial and innovative skills of our employees, enabling us to better serve the needs of our local customers and international investors,” said Gabriel Tan, Chief Communications Officer at Prince Holding Group.

As Cambodia’s economy continues to thrive, foreign businesses are increasingly attracted to the opportunities within the Kingdom. With a diverse portfolio spanning real estate development, financial services, and consumer services, Prince Holding Group provided CanCham delegates with a comprehensive understanding of its business activities, sparking ideas for potential collaboration in the future.

This recent dinner hosted by PHG for CanCham represents a milestone in fostering new collaborations and establishing valuable connections. It underscores the promising future that lies ahead as Cambodia continues to attract a growing number of international businesses.

Hashtag: #PrinceHoldingGroup

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

About Prince Holding Group:

Prince Holding Group is one of Cambodia’s largest business groups spanning across 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, and 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.

Hong Kong In-Home Expo 2023 Opens Today

The largest-ever public access, one-stop home expo

HONG KONG SAR – Media OutReach – 1 June 2023 – Organized by Exhibition Group Limited, the largest-ever public access one-stop home expo “Hong Kong In-Home Expo 2023” commences today for a four-day run at the Hong Kong Convention and Exhibition Centre. With over 620 quality brands of home goods, appliances, and bedding, alongside numerous interior design and renovation companies and various home service providers, the Expo seeks to promote Hong Kong and regional architecture, household products, design industry, and technological innovation. The expo brings together innovative home designs, household items, renovation materials, and electronic furniture, striving to create an ideal cozy nest for Hong Kong citizens.

(From Left) Mr. David Chan, Director of Ricacorp Properties, Ms. Shirley Chu, General Manager of Exhibition Group, Mr. Gary Lui, Vice Chairman of FHKI Group 10 (Hong Kong Furniture Council), Mr. Carl Wong, Chairman of Exhibition Group, Dr. Bernard Chan, Under Secretary for Commerce and Economic Development Bureau, Ms. May Leung, Chairman of the Hong Kong Furniture and Decoration Trade Association, Mr. Ken Fung, Chairman of the Design Council of Hong Kong, Ms. Christine Lo from Hang Seng Bank (Head of Card Business) and Lawyer Mr. KK Lai

Today’s opening ceremony was graced by Dr. Bernard Chan, Under Secretary for Commerce and Economic Development Bureau, Mr. Carl Wong, Chairman of Exhibition Group, Ms. Shirley Chu, General Manager of Exhibition Group, Ms. May Leung, Chairman of the Hong Kong Furniture and Decoration Trade Association, Mr. Gary Lui, Vice Chairman of FHKI Group 10 (Hong Kong Furniture Council), Mr. Ken Fung, Chairman of the Design Council of Hong Kong, Ms. Christine Lo from Hang Seng Bank (Head of Card Business), Mr. David Chan, Director of Ricacorp Properties, and Lawyer Mr. KK Lai.

With the lifting of epidemic prevention measures in Hong Kong and mainland China, the economic atmosphere has greatly improved, with private consumption expenditure notably increasing, up 12.5% year-on-year in the first quarter of this year. Local demand strongly recovered, with the first quarter’s real GDP growing by 2.7% year-on-year, ending a four-quarter decline. The resurgence in economic growth is mainly driven by the significant increase in local demand, which will continue to be the main driving force of this year’s economic growth, supporting the return of the largest-ever Hong Kong In-Home Expo 2023.

Mr. Carl Wong, Chairman of Exhibition Group, pointed out: “With the distribution of consumption voucher, the consumption atmosphere has improved, and citizens are generally willing to invest more in home design and household items to improve the quality of life, thus enhancing overall happiness. Recently, we have noted disputes over decoration and design; the Hong Kong In-Home Expo 2023 aims to connect consumers with brands and relevant experts and scholars, enabling consumers to make savvy purchases and avoid pitfalls.”

The Hong Kong In-Home Expo 2023 showcases the latest, most unique, and diverse furniture products, with three major themes including interior design and building materials, furniture/bedrooms/bathrooms and kitchens, and home appliances and lifestyle areas. It covers five key elements: interior design, unique building materials, household items, home equipment, household appliances, and products, showcasing a wide array of home goods and designs. During the four-day event, several activities such as “Learn to Read Renovation Quotes to Avoid Pitfalls”, “Multiple Perspectives on Building Repair Laws”, “2024 Auspicious House Layout”, “Learn More about Fire Insurance, Save More” and “Hong Kong Furniture Association NEXT in Home Seminar” are featured. There’s also a “Grab to Buy” event during the exhibition period, where visitors have the chance to buy their favorite home products at extremely low prices.

In-Home Expo 2023

Date Jun 1 to 4, 2023 (Thurs to Sun)
Time 12:00nm to 9:00 pm (Jun 1 to 3)

12:00nm to 8:00 pm (Jun 4)

Location Hall 1 CDE, Hong Kong Convention and Exhibition Centre
Website https://www.exhibitiongroup.com.hk/exhibitions/inhomeexpo

Hashtag: #Home #ExhibitionGroup #InHomeExpo

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

Authorities Plan to Connect Vientiane-Vang Vieng Expressway to Xaysomboun Province

Authorities in Vientiane and Xaysomboun provinces have discussed a corridor plan on the Vientiane-Vang Vieng Expressway to connect the two provinces.

LOCA Leads E-Mobility Revolution, Paving Way For Sustainable Future in Laos!

LOCA Leads the E-Mobility Revolution, Paving the Way to a Sustainable Future in Laos!
Fleet of LOCA's EVs.

LOCA, a leading player in the mobility service, is making waves with its remarkable progress in embracing electric mobility and contributing to a greener future. The company recently shared an exciting update on its EV transition journey, highlighting significant milestones achieved thus far.

Skyborn Renewables appoints Stine Würtz Jepsen as CHRO

HAMBURG, GERMANY – EQS Newswire – 1 June 2023 – Skyborn Renewables (Skyborn) has appointed Stine Würtz Jepsen as Chief Human Resources Officer (CHRO) effective 1 June 2023.

Stine Würtz Jepsen

Stine Würtz Jepsen

“At Skyborn, we are delighted to welcome Stine to our Executive Team. With her passion for the offshore wind sector, extensive experience in HR, and outstanding leadership skills, we believe that Stine will be an excellent addition to our team as we continue to pursue our ambitious plans for the future,” commented Thomas Karst, CEO of Skyborn.

“I’m thrilled to join an organization that prioritizes foresight, collaboration, drive, and diversity as core values. As someone with a passion for accelerating the growth of offshore wind power around the world, I’m excited to work alongside the rest of the Skyborn team in pursuit of sustainable energy for future generations,” says Stine Würtz Jepsen about the new role.

Stine Würtz Jepsen brings a wealth of experience in human resources and has spent a significant portion of her career in the offshore wind sector. Würtz Jepsen`s experience includes a lengthy tenure at Vestas where she played an instrumental role in starting up and expanding the offshore business unit, with a focus on recruitment and HR business partnering followed by yet a tenure with Vestas as People & Culture Officer at MHI Vestas Offshore. Additionally, Würtz Jepsen has held positions as a board member and advisory board member in the wind industry and other institutions, while also serving as the Senior Vice President of Group HR at TERMA Group. Würtz Jepsen’s educational background in leadership and executive MBA further enrich her professional track record.

Skyborn was launched by Global Infrastructure Partners (GIP), a leading independent global infrastructure investor, in September 2022, following the acquisition of 100% of wpd’s offshore wind business in September last year.
Hashtag: #SkybornRenewablesGmbH

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

About Skyborn Renewables

Skyborn Renewables (Skyborn) is driving global decarbonization by accelerating offshore wind energy across the world. We believe offshore wind is a cornerstone of the clean energy transition and an enabler to achieve net-zero targets, ensure energy security, and a sustainable energy supply for future generations. Skyborn is an accomplished offshore wind developer and operator with more than 20 years’ experience. The company`s capabilities cover the entire offshore wind value chain, including greenfield development, engineering and design, procurement, financing, corporate power purchase agreements, construction management, operations and asset management. Headquartered in Germany, the company is present in Europe and APAC. For more information, visit

Authorities Sign Funding Agreement to Support the Conservation of Asian Elephant

Funding Agreement to Support the Conservation of the Asian Elephant and The Restoration of the Chinese Swamp Cypress
a herd of Asian Elephants. ( Photo : Save elephant Organization )

The Department of Forestry, Ministry of Agriculture and Forestry, and Nam Theun 2 Power Company signed the Agreement of Elephant and Swamp Cypress in Vientiane, Laos on 31 May.

US Embassy, Lao Govt Celebrate Three Decades of Law Enforcement and Justice Sector Cooperation

US Embassy, Lao Government Celebrate More than Three Decades of Law Enforcement and Justice Sector Cooperation
US Ambassador to Laos, Peter M. Haymond and Vice Minister of the Ministry of Finance Bounpone Vannachith along with other members during the signing ceremony. (Photo : US Embassy in Laos)

Members of the Lao government, US Embassy Vientiane, and international organizations gathered at the Lao Plaza Hotel last month to celebrate the long history of cooperation between the US Embassy’s International Narcotics and Law Enforcement section (INL) and Laos spanning over 30 years, and including more than USD 75 million in assistance.

BKH-ICD Showcases Upcoming New Inland Port to Boost Trade between Thailand and Malaysia

HAT YAI, THAILAND- Media OutReach – 1 June 2023 – BKH-ICD hosted an event in Hatyai with leading shipping lines and major forwarding players from South Thailand to introduce and provide progress updates on the upcoming new inland port at Bukit Kayu Hitam, Kedah. The event was also attended by Consul-General of Thailand in Penang Mr. Raschada Jiwalai, Director of Sadao Customs House Mr. Phadermdach Mungkung and Vice President of the Songkhla Chamber of Commerce Dr. Pairoj Chaichiratikul.

A commemorative moment with distinguished guests and prospective clients from South Thailand.
A commemorative moment with distinguished guests and prospective clients from South Thailand.

Linked and situated adjacent to the Bukit Kayu Hitam Immigration, Customs, Quarantine & Security (ICQS) Complex, the new inland port is expected to play a pivotal role in simplifying and streamlining cross-border trade. The said development is a strategic joint venture partnership with One Northern Hub Sdn. Bhd., a wholly-owned subsidiary company of PKT Logistics Group Sdn. Bhd. and Northern Gateway Sdn. Bhd. (“NGX”), a wholly-owned subsidiary of the Ministry of Finance Malaysia to develop the Delapan Special Border Economic Zone (SBEZ), Bukit Kayu Hitam, Kedah.

The BKH-ICD Inland Port will be equipped with the latest technology, including a terminal operating system, gate control system, security system and provisions for Rubber Tyred Gantry Crane operations. It is able to handle a capacity of up to 240,000 laden twenty-foot equivalent units (TEUs) per annum.

“We envision that BKH-ICD will provide significant benefits to forwarders, exporters, and shipping lines around the region. This is an opportune time as border trade between Malaysia and Thailand surged to MYR 79 billion during 2021 and is projected to grow 6% yearly. By tapping on this huge trade flow, BKH-ICD aims to shape the socio-economic growth in Bukit Kayu Hitam and its’ surrounding areas in this public-private partnership with NGX,” said Dato’ Seri (Dr.) Michael Tio, Group Chief Executive and Managing Director of PKT Logistics Group Sdn Bhd.

“Spanning 50 acres of land with an estimated development value of MYR 200 million, BKH-ICD is a sustainable logistics hub consisting of four parcels, notably BKH-ICD Inland Port (Phase 1) and Blackwood Forest Warehouses (Phase 2) where construction is progressing for both with an estimated completion by Q1 2024. Construction of Blackwood Complex (Phase 3) will soon begin in Q3 2023. The logistics hub is designed as a state-of-the-art ecosystem that will promote efficient, sustainable logistics operations and also serves as a focal point for locals and transit tourists. This strongly correlates to PKT Logistics Group’s mission statement where we build sustainable logistics hubs with environmentally friendly warehouses and engage the communities around us.”

“Supporting the inland port with its warehousing needs we have Blackwood Forest with 215,000 sq ft. of storage space coupled with offerings of tastefully designed and comfortable office lounges for shipping lines, forwarders and others.”

“Blackwood Complex will have provisions for an educational institution, retail, co-working space, gym and lounge, offices, service apartments and multi-storey car parks. Besides serving the inland port users, it will also be a strategic rest stop for cross-border tourists serving as an ideal rest and recreation centre with a food court, convenience stores, cafes and more”, Tio further added.

Meanwhile, NGX’s Chief Executive Officer Razwin Sulairee said their partnership with PKT Logistics at Delapan presents excellent competitive advantages to mitigate unpredictable challenges impacting current and future investors.

“Our development is set against a backdrop of a post Covid-19 economic drought and a multitude of regional and global political setbacks. However, these operational and situational challenges have presented us with some clear advantages to create valuable solutions for our global and regional partners.

“Businesses setting up at Delapan can enjoy countless benefits to alleviate supply chain and logistical issues caused by potential disruptions affecting maritime regions like the South China Sea, in which case, an estimated US$3.37 trillion worth of annual global trade may be affected.”

“Therefore, we present Delapan as a strategic alternative to supply chain challenges faced by our partners. In fact, it has never been easier. We are strategically located at KM 0.8 of the North South Expressway, at the crossroads of Asia Highway Network 2, linking you directly with Malaysia, Singapore, Thailand, IndoChina, China and potentially beyond.

“This makes Delapan the fastest solution for easy and uninterrupted access to global markets via road transportation and terrestrial networks without unpredictable delays as a result of the situation at the South China Sea.”

He said businesses in the shadows of the Covid-19 economic meltdown cannot afford to lose from more unpredictability. “Hence, we aim to provide our partners with a solid alternative to mitigate further losses from factors outside of their control, as best as possible.”

Scan the QR code for more info on BKH-ICD

MEDIA ENQUIRIES:
PKT Logistics Group Sdn Bhd
Corinne Chieng
Head, Corporate Affairs & Strategy
Mobile: +60-192223189
Email: corinne.chieng@pktgroup.com

Northern Gateway Sdn Bhd
Amy Fadzlan
Head, Corporate Evangelist
Tel: +60-386852502/03
Mobile: +60-162054771
Email: amy@ng-x.my

SALES ENQUIRIES:
Victor Ch’ng at +601-2438 4797or email bkhicd@pktgroup.com

Hashtag: #BKHICD #PKTLogisticsGroup #NGX #BukitKayuHitam #Onenorthernhub #TradeEvolution #InlandPort #ThailandMalaysiaTrade #EconomicGrowth #Hatyai #BKHInlandPort


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

About Northern Gateway Sdn Bhd

NGX, a wholly owned subsidiary of the Ministry of Finance Malaysia (Incorporated), is at the forefront of developing the border between Malaysia and Thailand at Bukit Kayu Hitam in Kedah. As the Master Developer of the Delapan Special Border Economic Zone (Delapan SBEZ), we play a pivotal role in enhancing Malaysia’s position as a strategic gateway for border trade between Malaysia and Thailand.

Our vision is to strengthen Malaysia’s position as an integrated and agile economic and digital centre fit for the future.

Comprising Delapan East and Delapan West, the project spans approximately 4,400 acres of freehold land with state-of-the-art industrial and commercial centres, designed to catalyse economic and real estate growth.

We aim to establish Delapan as a commercial & manufacturing space with Free Zone status, aside from being a data convergence centre attracting both foreign and local industries.

Delapan presents lucrative investment opportunities that will drive economic activities in the northern region and for the rest of the country. It’s strategic position at KM 0.8 of the North South Expressway and at the crossroads of Asia Highway Network 2 presents unique advantages to our partners, offering them with the fastest logistics network and an accelerated supply chain connectivity.

About PKT Logistics Group Sdn Bhd

PKT Logistics Group Sdn Bhd is a socially responsible company providing logistics services by utilising local human resources, building environmentally friendly warehouses, open engagement with communities, and inspiring other businesses to provide a positive impact to the people and communities through its activities. For more information, visit or Facebook page :