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UOB partners with Robert Parker Wine Advocate to bring exclusive fine wine and dining offers to customers

SINGAPORE – Media OutReach – 11 May 2023 – UOB cardholders in Singapore and ASEAN countries can look forward to a love fest of gastronomic experiences, as Robert Parker Wine Advocate announces an exciting two-year partnership with UOB in its world-first collaboration with a financial institution across multiple ASEAN markets.

United Overseas Bank (UOB), Managing Director, Head Group Personal Financial Services, Jacquelyn Tan (left) and Robert Parker Wine Advocate, Chief Executive Officer, Mickael Moiroud (right).
United Overseas Bank (UOB), Managing Director, Head Group Personal Financial Services, Jacquelyn Tan (left) and Robert Parker Wine Advocate, Chief Executive Officer, Mickael Moiroud (right).

This partnership aims to cater to the finer palates of the region’s growing affluent population. The High-Net-Worth population[1] in Asia Pacific stands at 7.2 million as of 2022, a 4.2 per cent year-on-year increase from 2021[2]. Along with the segment’s growth, about 70 per cent of High-Net-Worth-Individuals are prioritising curated luxury goods and experiences, and close to 65 per cent are focused on expressing their wealth through cultural proficiency 2.

Ms. Jacquelyn Tan, Head of Group Personal Financial Services, UOB, said, “Consumer preferences are changing, alongside the growth in their personal wealth. As our regional retail customer base strengthens to over 7-million strong, we continue to expand our offerings and privileges to cater to every lifestyle, passion and need. Robert Parker Wine Advocate shares our ambition to serve our consumers through unique experiences, and we are excited to embark on this partnership with them.”

UOB’s tie-up with Robert Parker Wine Advocate adds to the wide array of partnerships the Bank has with leading regional brands to expand its retail offerings across ASEAN, in line with the Bank’s sharpened purpose of building the future of ASEAN.

Highlights of the partnership include a world-first collaboration with the world’s foremost wine rating authority, Robert Parker Wine Advocate, where UOB cardholders in Singapore, Indonesia, Malaysia, Thailand and Vietnam can look forward to exclusive wine pairing dinners complemented with food served by MICHELIN-Starred restaurant chefs as well as curated wine masterclasses for different levels of wine connoisseurs. As one of the first regional partnerships between Robert Parker Wine Advocate and a financial institution, the collaboration furthers the bank’s customer propositions in the dining space bringing a perfect complement to UOB’s existing partnerships with The MICHELIN Guide in Thailand and Malaysia.

Unique experiences for all you love about food and wine

Starting from second half of the year, UOB cardholders in Singapore, Malaysia, Thailand, Vietnam and Indonesia will enjoy exclusive access to world-renowned fine wine publication, Robert Parker Wine Advocate. The publication boasts a comprehensive database of over 450,000 wine reviews and tasting notes from the international team of wine critics at Robert Parker Wine Advocate, as well as weekly wine content and a specially curated wine dinner experience.

UOB cardholders will also be entitled to two exclusive and unique experiences: The UOB Dining Advisor, a dedicated page for UOB customers featuring specially curated wine related themes and content; as well as by-invite-only wine masterclasses conducted by wine experts at Robert Parker Wine Advocate.

Additional perks for UOB Customers in Malaysia and Thailand

UOB is also the official bank partner for The MICHELIN Guide in Malaysia and Thailand. This exclusive partnership promises additional entitlements for UOB cardholders in these two countries, including special privileges and exclusive access to events that will further elevate their dining experiences.

UOB’s new partnership with Robert Parker Wine Advocate complements the collaboration with The MICHELIN Guide, offering UOB cardholders an unparalleled gastronomic experience uplifted by exclusive wine pairing selection.

“The team at Robert Parker Wine Advocate and The MICHELIN Guide (Malaysia and Thailand) are thrilled to offer UOB customers exclusive access to specially curated fine wine and dining experiences. Both brands are dedicated to enhancing people’s love for food and wine by providing the best independent professional recommendations and unique experiences that bring them closer to their passion for gastronomy.” Said Mr. Chris Gledhill, Vice President, Business Development & Partnerships of The MICHELIN Guide and Robert Parker Wine Advocate Asia and Middle East.

“Robert Parker Wine Advocate and The MICHELIN Guide are recognised globally for their expert opinions on fine wine and fine dining. UOB customers can now benefit from this partnership and elevate their gastronomic experience like never before.”


[1] Individuals and households who own liquid assets valued between US$1 million to US$30 million.

[2] Source: Visa AP High-Net-Worth Study 2022

Hashtag: #RobertParkerWineAdvocate

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

Robert Parker Wine Advocate

Robert Parker Wine Advocate is the world’s premier independent wine buyer’s website with a database of more than 450,000 tasting notes, scores and reviews from professional critics around-the-world. For over 40 years, Robert Parker Wine Advocate (a part of the MICHELIN Group of companies) has been the global leader and independent consumer’s guide to fine wine with its 100-point rating system and in-depth coverage of major wine regions.

About UOB

UOB is a leading bank in Asia. Operating through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, UOB has a global network of around 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. Today, UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings.

For nearly nine decades, UOB has adopted a customer-centric approach to create long-term value by staying relevant through its enterprising spirit and doing right by its customers. UOB is focused on building the future of ASEAN – for the people and businesses within, and connecting with, ASEAN.

The Bank connects businesses to opportunities in the region with its unparalleled regional footprint and leverages data and insights to innovate and create personalised banking experiences and solutions catering to each customer’s unique needs and evolving preferences. UOB is also committed to help businesses forge a sustainable future, by fostering social inclusiveness, creating positive environmental impact and pursuing economic progress. UOB believes in being a responsible financial services provider and is steadfast in its support of art, social development of children and education, doing right by its communities and stakeholders.

New Thai Govt. Likely to Decriminalize Multi-Billion Dollar Sex Industry

Thailand Proposes Bill To Decriminalize Billion Dollar Sex Industry
Members of SWING (Service Members in Group) Foundation, an organization for the empowerment of sex workers in Thailand, perform for members of the LGBTQIA+ community and allies during Pride March in Bangkok on 5 June, 2022. (Photo: VOA)

Sex workers in Thailand are hopeful that the 14 May general election will see a new government come to power that will help decriminalize the country’s multi-billion dollar sex industry.

BingX CEX listed $PEPE, A Meme coin and Looks to List More

SINGAPORE – Media OutReach – 11 May 2023 – BingX, one of the leading cryptocurrency exchange, has listed $PEPE, one of the most popular meme coins in the market, and is actively seeking to list more meme coins in the future. This decision is a strategic move to take advantage of the hype and growing interest in meme-based cryptocurrency projects. Unlike decentralized exchanges (DEX), centralized exchanges (CEX) have always been reluctant to list meme coins because of their volatile nature. However, BingX is committed to conducting extensive due diligence on all meme coin listings to ensure their legitimacy and authenticity. BingX CEX is now one of the very few exchanges that are willing to take a chance on meme coins, for users to hold a diverse portfolio of cryptocurrencies.

BingX is dedicated to researching more up-and-coming meme coins such as Spongebob, Mong Coin, and RobotEra, in order to offer its users access to emerging and innovative cryptocurrencies. The addition of $PEPE and other meme coins on BingX CEX will provide users with new investment opportunities and increase trading options.

However, it is important to note that trading in memecoins can be dangerous and unpredictable, and users are strongly advised to do their own research (DYOR) and exercise caution when investing in these assets. BingX recognizes the high volatility and risks associated with meme-based cryptocurrencies, and has implemented strict due diligence procedures and risk management protocols to ensure the safety of its users. As with any investment, it is crucial to carefully consider the risks and benefits before making any decisions.

Hashtag: #bingx #cryptoexchange

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

About BingX

Founded in 2018, BingX has grown to become the world’s leading social trading platform. It is a global digital asset, spot, and derivatives trading platform that provides a safe, reliable, user-centric, and open ecosystem with intuitive social trading features. BingX offers popular Meme projects like & spots and derivative tradings to more than 100 countries and regions worldwide with over 5 million users. BingX QA is a Q&A engine for trading analysis and investment guidance. Find the latest analysis includes fundamental analysis and price predictions for .

Flash Coffee Extends Series B Round to US$50 Million

SINGAPORE – Media OutReach – 11 May 2023 – Singapore-based tech-enabled coffee chain Flash Coffee has announced the successful completion of its Series B financing round led by White Star Capital, raising a total of US$50 million following its latest closing. Existing investors including White Star Capital, Delivery Hero, Geschwister Oetker, and Conny & Co, participated in the financing round – with several of them further increasing their stake in the company.

Flash Coffee Co-founders Sebastian Hannecker and David Brunier
Flash Coffee Co-founders Sebastian Hannecker and David Brunier

The new funds will be channelled towards accelerating the company’s mission to achieve group-level profitability. This includes sustainably growing its footprint across the Asia Pacific region to serve high-quality specialty coffee to customers in Singapore, Indonesia, Thailand, Hong Kong and South Korea, doubling down on technology and product innovation and further developing the sales performance of existing stores.

Flash Coffee has experienced exponential growth over the past two years, with a 23-fold increase in year-on-year revenue in 2021, followed by another four-fold year-on-year increase in 2022 while achieving more than 100 percentage points year-on-year EBITDA improvement on a group level in the same year. With stores being solidly profitable across the region, the company is on track to reach group level profitability in 2024, with the first markets set to become EBITDA positive in the coming months.

Flash Coffee will continue expanding deeper into its most mature market, Indonesia, where the fast-growing middle class is rapidly driving coffee consumption in Southeast Asia’s most populous country. Following the company’s successful entry into Bandung – its first expansion outside of a capital city – with 11 outlets across the metropolitan area of over 8.8 million inhabitants, Flash Coffee will be officially launching in the vibrant city of Surabaya in July 2023.

“We are grateful to have the continued backing of our shareholders in this financing round. With 100% of our 92 stores in Indonesia being profitable, we have found a solid product market fit and are eager to expand our presence into additional cities in Indonesia to further drive sustainable growth. Offering a product that people love and following our ongoing trajectory of topline and profitability improvements, we are confident that we will reach our overarching goal of being profitable on a group level next year,” said David Brunier, Founder & CEO of Flash Coffee.

“We are proud to further strengthen our investment in Flash Coffee, which has demonstrated impressive growth in a very short period of time. We stand by the company’s mission to broaden access to premium coffee for consumers across Asia using the power of technology, and believe that the brand has resonated strongly with its audience. Flash Coffee is well-positioned to become a leading coffee chain in the region, and we look forward to continuing working closely with the team to support their continued growth and progress towards profitability,” said Joe Wei, General Partner of White Star Capital.
Hashtag: #FlashCoffee #SeriesB #Fundraise

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

Flash Coffee

is a tech-enabled coffee chain that serves a menu of high-quality drinks curated by award-winning World Barista Champions across Asia. Customers can use the Flash Coffee app (download ) to order and pay online, choose to pick up orders from one of the brand’s iconic yellow storefronts, or order for delivery through the app or major delivery platforms in each market.

Launched in 2020, Flash Coffee now operates over 200 stores in five markets across Asia Pacific – Singapore, Indonesia, Thailand, Hong Kong, and South Korea. Flash Coffee is backed by some of the most reputable global tech investors such as White Star Capital, Rocket Internet, Global Founders Capital, Conny & Co as well as strong strategic investors such as Delivery Hero and Geschwister Oetker Beteiligungen.

White Star Capital

White Star Capital is a global multi-stage technology investment platform that invests in exceptional entrepreneurs building ambitious, international businesses. Operating out of London, New York, Paris, Montreal, Toronto, Tokyo, and Singapore. Our global presence, perspective, and people enable us to partner closely with our founders to help them scale internationally.

First Flight from Vientiane to Nong Khang Airport to Fly on Friday

First Flight from Vientiane to Nongkhang Airport Set for Friday
The ATR Aircraft (photo: Laoedaily)

Authorities have announced that they will carry out the first test flight from Vientiane Capital to Nong Khang airport in Houaphanh’s Samnuea district using an ATR aircraft on Friday.

Over 16,000 customers enabled to tackle uncertainties in logistics through DHL Global Forwarding’s digital platform myDHLi

  • Customers to benefit from: shipment booking in six steps, transparency on order level, easier document management, higher visibility on ecological footprint and carbon intelligence
  • Latest features and innovations unveiled at the transport logistic trade fair


BONN/MUNICH, GERMANY – Media OutReach – 11 May 2023 – At the third myDHLi Digital Summit, DHL Global Forwarding presented its upgraded state-of-the-art digital customer portal and how it helps customers enhance their logistics’ performance, resilience, and sustainability, even in uncertain times. Broadcasted live from the transport logistic trade fair in Munich, Deutsche Post DHL Group’s leading international freight specialist introduced new features and updates to the myDHLi portal, making it even more convenient and efficient. Since its launch in 2020, the number of customers managing their logistics and transportation needs with myDHLi grew to over 16,000.

myDHLi Analytics, GoGreen Dashboard
myDHLi Analytics, GoGreen Dashboard

“We are living in uncertain times, where our customers are facing different challenges in their transportation needs. Our role as a logistics provider is to manage these uncertainties and complexities and help our customers to maximize their performance, resilience, and sustainability in logistics. Our logistics and digital expertise are bundled in myDHLi and help over 16,000 customers navigate also through uncertain times,” says Tim Scharwath, CEO DHL Global Forwarding, Freight.

myDHLi boosting performance and productivity

The developer team consequently incorporates user feedback and explores ways to boost the performance and productivity of customers even further. Designed as a one-stop-shop solution, myDHLi meets the customer’s transport and logistics needs on a single digital platform. The central Follow+Share functionality simplifies alignment processes and avoids time-consuming communications flows on the sidelines. Therefore, shipment notifications are now not only configurable, but also can be received as a daily digest. This feature provides a summary of individually selectable events that are most important to the user – such as shipment or customs status and irregularities. In addition, the new myDHLi book service allows customers with contracted rates to directly submit a booking via the myDHLi portal. Without additional emails, phone calls or API integrations, a booking can be completed in six simple steps. Booking a shipment goes hand in hand with the corresponding documents. For this reason, the functionalities of myDHLi Documents were expanded. Documents can now not only be attached to a booking, but also uploaded at any time via the recently launched upload feature. This ensures that documents are always attached to the correct shipment and can be found easily and quickly. To further improve performance, the popular myDHLi Reports service has also been enhanced. Originally only containing operational data, it was expanded in 2022 to include Green data that allows to review the sustainability performance. From now on, invoice level data completes myDHLi Reports and financial data can be seamlessly combined with operational and sustainability data in fully customizable, schedulable and sharable reports. This opens up a whole new dimension of reporting against performance indicators at operational, financial and sustainability levels.

myDHLi building resilience

A prerequisite for resilience is visibility and transparency. myDHLi provides visibility and transparency across three dimensions – environmental impact, costs and lead times. In combination with last year’s launched Smart ETA myDHLi is a great example of shipment visibility. Ocean Freight arrival times are predicted up to 48 percent better than the information provided by the carriers. Often however, it’s not just the visibility of a single shipment that matters, but that of the entire supply chain. For this reason, myDHLi is now presenting a new order visibility option, which provides an overview of orders and order lines. Customers will soon gain a new level of transparency, from the overall order (PO) to the individual order lines (SKU), with a seamless link into the related shipment. In case of disruptions, immediate action can be taken, for instance by shifting the transport mode from Ocean Freight to Air Freight using the Quote + Book functionality of myDHLi.

myDHLi improving sustainability

Sustainability has been an integral part of myDHLi since the myDHLi Digital Summit last year. Customers can easily book the GoGreen Plus service via Quote + Book and reduce the carbon emissions of their shipments with the help of sustainable fuels. To better compare and analyze sustainability efforts, myDHLi Reports now offers an even greater level of detail. Users can uniquely combine operational data with green data including carbon footprint, but also other pollutants such as Nitrogen Oxides (NOx) and Sulfur Oxides (SOx). Together with the GoGreen Dashboard in myDHLi Analytics customers have comprehensive carbon intelligence at their fingertips, allowing them to see their total footprint, efficiency by mode and even individual to trade lanes. This creates effective transparency around carbon efficiency and informed starting points to drive further individual sustainability agendas.

You can find the press release for download as well as further information on dpdhl.com/pressreleases

Hashtag: #DHL #DHLGlobalForwarding #myDHLi #Logistics



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

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 395,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 94 billion euros in 2022. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. Deutsche Post DHL Group aims to achieve net-zero emissions logistics by 2050.

Macau Pass to Co-operate with GCash, Touch ‘n Go e-Wallet and True Money, the Leading e-Wallets in Southeast Asia, to Provide Acquiring Services, Has Been Approved

MACAU – EQS Newswire – 11 May 2023 – Macau Pass has been officially approved to provide acquiring services to Alipay+ market-leading partner e-wallets from the Philippines, Malaysia and Thailand. This means that in addition to Alipay, AlipayHK, WeChat Pay, Simple Pay and other e-wallets launched by other banks in Macau, Macau Pass payment devices can now also accept GCash, Touch ‘n Go eWallet and TrueMoney, following South Korea’s Kakao Pay.

Southeast Asia is the fastest-growing e-wallet region in the world, according to the 2021 Mobile Wallet report released by Juniper Research, a digital technology analysis company. With Southeast Asian governments’ active efforts to promote the digital economy and the region’s e-commerce boom, it is estimated that by 2025, six Southeast Asian countries (Singapore, Malaysia, Thailand, Indonesia, Vietnam and the Philippines) will have more than 440 million e-wallet users.

In 2020, Ant Group launched Alipay+, a suite of global cross-border digital payments and marketing solution, which enables businesses to accept its partner payment methods through a one-time integration. With the gradual recovery of the global economy, direct interaction with the growing number of consumers using Alipay+ partner e-wallets is positive for businesses in Macau to seek new business opportunities.

“Comprehensive and innovative digital solutions is the key to accelerate the digital transformation of Macau’s service industry,” said Mr. Sun Ho, Chairman and CEO of Macau Pass. GCash, Touch ‘n Go eWallet and TrueMoney, which come from the Philippines, Malaysia and Thailand respectively, have profound experiences in Southeast Asia and a significant user base in their markets. Through the cooperation with Alipay+, the innovative one-stop payment solution will accelerate the digital transformation of local merchants in Macau, create an connected international digital payments ecosystem for Macau, solve the problem of cross-border payment for international tourists, and help enterprises find new marketing growth opportunities.

At present, Galaxy Macauâ„¢, MGM, Sands Resorts Macao, SJM Resorts, S.A., Wynn Macau, Limited, Macau Fisherman’s Wharf, Future Bright Group, Hotel Lisboa Macau, Lisboeta Macau, New Yaohan and TurboJET and other well-known enterprises in Macau are actively engaged in the launching of these three international e-wallets. At the same time, more enterprises are invited to join Alipay+ to attract more tourists and jointly promote business efficiency. With the gradual return of overseas tourists, especially those from Southeast Asia, Macau Pass believes that it can help Macau businesses to provide more convenient multi-scene services for overseas tourists and contribute to Macau’s economic recovery and growth.

Mr. Sun said that as one of the leading mobile payments in Macau, Macau Pass’ MPay e-Wallet will continue to explore strategic cooperation with Alibaba Group and Ant Group to further expand e-commerce and digital media entertainment, develop and create a more diversified business scene, and explore commercialization opportunities in Macau’s e-payment ecosystem.

Hashtag: #AGTech #MacauPass #Alipay+

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

About Alipay+ and the three Southeast Asian electronic wallets

About Alipay+
Alipay+ offers unified global mobile payment and marketing solutions that connect merchants with multiple e-wallets and payment methods from different countries and regions by collaborating with global partners. Consumers can conveniently use their preferred local payment methods while transacting seamlessly in a different market and be able to enjoy marketing offers by the merchants through Alipay+. Alipay+ is developed by Ant Group, the owner and operator of Alipay, one of the world’s leading digital open platforms.

About GCash
GCash (G-Xchange, Inc.) is the #1 Finance App in the Philippines. Through the GCash App, 79M registered users can easily purchase prepaid airtime; pay bills at over 1,600 partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 5.2M partner merchants and social sellers; and get access to savings, credit, loans, insurance and invest money, and so much more, all at the convenience of their smartphones. GCash is a wholly-owned subsidiary of Mynt (Globe Fintech Innovations, Inc.), the first and only duacorn in the Philippines.
GCash was recognized by The Asian Banker (TAB) and by the IDC in 2021 for its outstanding digital financial inclusion programs.

About TNG Digital Sdn Bhd
TNG Digital Sdn Bhd (“TNG Digital”) was founded by Touch ‘n Go Sdn Bhd and Ant Group (“Ant”), parent company of Alipay, China’s largest digital payments platform. Established in 2017, TNG Digital is the owner and operator of Touch ‘n Go eWallet with more than 19 million users and over 1.2 million merchant touch points including DuitNow QR. Combining Touch ‘n Go’s strong domestic brand, dominance in toll, transit and parking use cases and nationwide user base, together with Ant’s deep domain expertise and leading the development of open platforms for technology driven inclusive financial services, Touch ‘n Go eWallet provides financial services and payments services to both retail users and small to mid-sized businesses, across physical and online infrastructure. For more information, please visit

About TrueMoney
TrueMoney is a Southeast Asia’s leading fintech company providing financial services for users including the unbanked across 7 countries in Thailand, Cambodia, Myanmar, Vietnam, Philippines, Indonesia, and Malaysia. Established in 2013, TrueMoney has become a part of Ascend Group in 2014 and also a partner of Ant Group since 2016. Today, the company provides various financial services through TrueMoney Wallet, the most popular e-wallet application that enables convenience and ease of payments to serve every lifestyle. Its extensive agent network and offline payment service across Southeast Asia also enable millions of users in the region to access innovative financial services, leading them to better lives.

Prince Foundation Empowering Cambodian Students through Kite-making and Culture at SkyFest 2023

PHNOM PENH, CAMBODIA – Media OutReach – 11 May 2023 – Prince Foundation, the philanthropic arm of Prince Holding Group recently provided an opportunity for 2,000 university students, high school and children from Phnom Penh and Preah Sihanouk province to attend the SkyFest event, organized by Bay of Lights. The event aimed to promote Khmer culture and empower Cambodian youths for team building and learn cultural traditions.

DJI_0301.jpg

The SkyFest 2023 event, held on May 6th-7th at the Bay of Lights in Sihanoukville (SHV), was an international kite flying festival that brought together enthusiasts from nine different countries, including Cambodia, China, France, Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. The event’s theme, “Khmer Can Fly,” aimed to represent the aspirations of Cambodian people to move towards a brighter future and to lead the next generation in understanding and appreciating the importance of preserving the cultural heritage surrounding the Khmer people’s kite craftsmanship.

Prince Foundation provided students with round-trip transportation, tickets and meals to participate in this joyful event. The participating students had the chance to experience the festival first-hand and learn about Khmer kite tradition from professional kiters, including Mrs. Cheang Yarin, a legendary local kiter. Additionally, the students were exposed to kites from other countries, which helped broaden their cultural horizons. Prince Foundation also provided students with the opportunity to experience team building and inter-school relationships through designing kites together in groups while having fun. These are lasting experiences that students can take home after joining this event.

Mr. Gabriel Tan, the head of Prince Foundation, said, “We are thrilled and humbled to have been a part of SkyFest 2023 and to provide this unique opportunity for Cambodian youths. Our goal is to empower young people and help preserve Khmer cultural heritage. We hope our CSR initiatives will inspire these students to continue to learn and grow, both personally and academically.”

Education and youth empowerment have been a key focus for Prince Foundation. One of the flagship projects of Prince Foundation is Chen Zhi Scholarship. The scholarship provides full tuition fees and stipends for 400 selected students to pursue tertiary education at three top Cambodian universities across seven years.

Under the leadership and philanthropy of Neak Oknha Chen Zhi, Chairman of Prince Holding Group, Prince Foundation will continue to work towards strengthening human capital upskilling efforts in Cambodia.

Hashtag: #PrinceFoundation #SkyFest2023 #Education #YouthEmpowerment

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 initiatives, Prince Foundation works with partners to deliver sustainable programs that enhance opportunities for Cambodia’s youths, build resilience in communities and contributesto sustainable infrastructure.

The Foundation’s flagship projects are the 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 260 philanthropic initiatives, benefiting over 1 million people, with donations exceeding US$16 million.