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SEAFOOD LOVES SAKE., the large-scale Japanese sake activity, makes a triumphant return with an ultimate sake and seafood crossover experience!

In partnership with 60 Japanese restaurants and 40 Cantonese restaurants, SEAFOOD LOVES SAKE. assembles 100 renowned eateries with 300+ curated menus of sake x seafood cuisines.

Review the designated dishes to win a mini bottle of sake and enter the lucky draw for a sake staycation and dinner at Michelin-starred Yat Tung Heen


HONG KONG SAR – Media OutReach – 17 November 2021 – It’s been 3 years since JFOODO hosted the first large-scale Japanese sake activity SEAFOOD LOVES SAKE. The activities this year spans the full months of September and November, all designed to promote the sake x seafood combo more comprehensively. 100 Chinese and Japanese restaurants have joined Ivan Sean, International Kikisake-shi (Sake Sommelier), to design around 300 unique Japanese sake and seafood pairings. To follow the staycation trend in Hong Kong, the “SEAFOOD LOVES SAKE. Review Campaign” has been specially added. Participants may win prizes by visiting partner restaurants and reviewing SEAFOOD LOVES SAKE. menus on OpenRice. Winners will enjoy Hong Kong’s first-ever sake staycation co-organised by Eaton HK, with a sake-themed dinner at one-Michelin-starred Yat Tung Heen. Let the sake fever begin!

 

100 leading Chinese and Japanese Restaurants join forces to promote the heavenly match of sake and seafood

To prove sake not only is a perfect pairing with Japanese cuisine but also with Cantonese seafood cuisine, SEAFOOD LOVES SAKE. has shifted the focus this year to Cantonese fares – around 60 of the 100 partner restaurants are Chinese diners; the remaining 40 are Japanese. This marks a historical high number of participating restaurants compared with the previous two years! Each partner restaurant will launch at least 3 seasonal seafood dishes, followed by a curated sake pairing by Sake Sommelier Ivan Sean. The total of around 300 sake x seafood combinations will allow more Hongkongers to have a taste of this match made in heaven.

 

Eaton HK and one-Michelin-starred Yat Tung Heen x SEAFOOD LOVES SAKE. launch exclusive staycation with sake-themed dinner

This year, SEAFOOD LOVES SAKE. has partnered with Eaton HK and their one-Michelin-starred restaurant Yat Tung Heen. During the activity phase in September, foodies can enjoy an eight-course sake dinner at Yat Tung Heen, including five seafood dishes and four handpicked sake. Eaton HK even brought out Hong Kong’s first-ever sake-themed staycation, offering a creative twist on the recent trend. There will be two bottles of mini sake in the hotel room during the stay, along with two SEAFOOD LOVES SAKE. special edition sake snifter glasses. An online “sake x seafood” tasting workshop will also be available, featuring insights of pairing and tasting methodologies from a Sake Sommelier. To complete the sake staycation experience, the eight-course sake dinner at Yat Tung Heen cannot be missed.

 

Write an OpenRice review on the spot to win a mini bottle of sake, and better still, a staycation and dining experience at a Michelin-starred restaurant

Given Hongkongers’ enthusiasm in sharing insights on food and restaurants, SEAFOOD LOVES SAKE. will organise a “SEAFOOD LOVES SAKE. Review Campaign”. From today until 31 December, participants can visit partner restaurants, order a dish from the SEAFOOD LOVES SAKE. special menu, post a review with a photo about the dining experience on OpenRice, fill out the information required on the online registration form, then take part in the “SEAFOOD LOVES SAKE. Review Campaign”. Winners will receive a “sake x seafood” themed package of one night’s staycation and dining experience from Eaton HK.

 

After enjoying SEAFOOD LOVES SAKE. sake and seafood pairings from partner restaurants, participants who show restaurant staff the successfully uploaded review are eligible to receive a participation prize of a mini bottle of sake (random flavour) on the spot from the restaurant. Each partner restaurant has 5 prizes on a first-come-first-served basis while stock lasts.

 

For details of activities under SEAFOOD LOVES SAKE., please visit:

Official Website: https://sake-jfoodo.jetro.go.jp/hongkong/cantonese/main.html

Official Facebook page: www.facebook.com/seafoodlovessake/

“SEAFOOD LOVES SAKE. Review Campaign” Website:

https://sake-jfoodo.jetro.go.jp/hongkong/restaurant/en/review-campaign/index.html

#JFOODO

DEUTZ AG: DEUTZ creates new Green segment

  • New growth strategy drives transformation to sustainable mobility
  • CEO Dr. Frank Hiller: “We are reinventing the engine”

COLOGNE/STOCKSTADT, GERMANY – EQS Newswire – 17 November 2021 – DEUTZ AG is creating a new reporting structure and introducing the segments ‘Classic’ and ‘Green’.

With effect from January 1, 2022, all activities connected with the development and production of new non-diesel drives will be assigned to the Green segment. This includes electric drives, the subsidiary Torqeedo, and the battery management specialist Futavis. Through the new reporting structure, DEUTZ is giving much greater visibility to the development of hydrogen-powered engines and fuel cells. Activities related to the development, production, sales and service of diesel engines will be combined under the Classic segment.

Dr. Frank Hiller, CEO of DEUTZ: “The new segmentation of our commercial operations will, above all, provide the capital markets with a more transparent picture of our work on off-highway technology for a carbon-neutral future. It is backed by a growth strategy that very clearly sets out our milestones and activities in the period up to 2031. At the same time, the new strategy leaves DEUTZ’s employees in no doubt that the Company is fully committed to the transformation of its product portfolio.”

The activities in the Green segment currently generate around €60 million per year, equivalent to around 4 percent of DEUTZ’s revenue. The intention is to increase this proportion to more than 50 percent by 2031, both through organic growth and through targeted acquisitions and takeovers focused on the new technologies. DEUTZ aims for the new segment to reach break-even in 2027.

Strategic investments will also be included in the Green segment, for example the planned investment in Blue World Technologies, a leading manufacturer of fuel cells.

Up to 2026, investment in the growth strategy for the Green segment will mainly be funded by the traditional business with diesel engines. Frank Hiller: “Internal combustion engines will be in demand in our application areas for many years yet. We are a global leader in agricultural machinery and construction equipment, and more and more of our customers are showing interest in long-term partnerships.”

For example, DEUTZ recently announced new alliances with John Deere, SDF and AGCO that will see DEUTZ either develop or manufacture entire engine series for these leading players in the world of agricultural machinery. “DEUTZ is getting greener, there is no doubt about that. The switch to new drives is on its way in all customer groups. We want to be – and will be – at the forefront of this transformation. Whether diesel, gas, synthetic fuels, electricity, or hydrogen, we are reinventing the engine. Today, there are all kinds of different drive systems, all with the aim of movement. The era of fossil fuels is coming to an end, but the need for mobility will remain.”

#DEUTZ 

ZEISS Celebrates 175 Years of Innovation, Passion and the Courage to Develop

JENA, GERMANY – Newsaktuell – 17 November 2021 – 175 years ago, young mechanic Carl Zeiss opened his workshop for precision mechanics and optics in Jena, thus laying the foundation for what would become ZEISS.

 
ZEISS Group President and CEO Dr. Karl Lamprecht during the virtual event to mark ZEISS’ 175th anniversary at the Volkshaus in Jena (©ZEISS). / Editorial use of this picture is free of charge. Please quote the source: “obs/Carl Zeiss AG”

To mark this special day, the company ran a celebration event. The virtual event took place on 16 November 2021 at the Volkshaus, in the company’s founding city Jena. During the virtual event, Dr. Karl Lamprecht, President and CEO of the ZEISS Group, praised the company’s successful past, celebrated its present and shared his outlook on the future.

“ZEISS’ unique history and its exceptional achievements make it a truly extraordinary company. Its 175 years also demonstrate the company’s high level of resilience and its willingness to accept change. And, above all, ZEISS’ tremendous passion, coupled with its pioneering spirit and its pragmatism in challenging and pushing the limits of the technically feasible,” said Dr. Lamprecht. “175 years of ZEISS are more than just a historical milestone in our corporate history. It’s also what motivates us to look ahead and help contribute to a bright future shaped by technological innovations.”

In a video message, German Federal President Frank-Walter Steinmeier congratulated all ZEISS employees around the world: “175 years of ZEISS is much more than an anniversary. Its interplay of entrepreneurial spirit, drive to research, and inventiveness make the ZEISS Group a pioneer of modern industry.” The President underlined ZEISS’ responsibility as a foundation-owned company: “Thanks to Ernst Abbe’s visionary realization that economic success, scientific progress and social cohesion all go together, he set up the Carl Zeiss Foundation and thus paved the way for the company to take entrepreneurial responsibility for the common good.”

 

#ZEISS

James Dyson Award 2021: three winners with world-improving inventions

  • HOPES, A device for pain-free, at-home eye pressure testing, opeing up access to glaucoma testing, by students of the National University of Singapore.
  • Plastic Scanner, A low-cost, handheld device to identify plastic for recycling, by Jerry de Vos from TU Delft.
  • REACT, A device to stem bleeding to help save the lives of stabbing victims, by Joseph Bentley from Loughborough university.

HONG KONG SAR – Media OutReach – 17 November 2021 – The James Dyson Award has now given nearly £1m in prize money to over 250 promising inventions from young engineers and scientists in 28 countries around the world. In 2021, the Award received a record number of entries worldwide and Sir James Dyson chose three global winners for the first time, each receiving £30,000 in prize money to support the next stages of their inventions.

 

Commenting on this year’s competition, Sir James Dyson said, “I enjoy seeing the enthusiasm with which young people tackle the world’s problems using good design, engineering and science. So promising were this year’s entries that we’ve awarded a third prize, focused on medical invention. Commercialising an idea is very hard – I hope that the awareness that the Award drives, as well as the financial support it provides, will give these ideas a springboard to success.”

 

International winner – HOPES, designed by Kelu Yu, Si Li and David Lee

 

The problem

This year’s International winner of the James Dyson Award was inspired by one of the inventors’, Kelu, father’s diagnosis of glaucoma. After witnessing his discomfort and multiple hospital visits, she realised there is a global need for a less invasive and more accessible method for Intraocular Pressure (IOP) monitoring.

 

Glaucoma is the second leading cause of blindness worldwide[1], and it is also the leading cause of registered, permanent blindness in Hong Kong (23%)[2]. Because it is largely symptom-free, it’s also known as the “silent thief of sight”[3]. There is no cure but, if diagnosed and treated early, blindness can be prevented.

 

Today, regular IOP monitoring is a critical tool in helping clinicians determine long-term treatment plans and goals. This is achieved through the Goldmann Applanation Tonometry – regarded as the gold standard for the measurement of IOP. There is a demand for safe, accurate, low-cost, at-home IOP measurement devices to better improve the patient experience.

 

The solution

HOPES, (which stands for Home eye Pressure E-skin Sensor) is a wearable biomedical device for pain-free, low cost, at-home IOP testing. Powered by patent pending sensor technology and artificial intelligence, HOPES is a convenient device for users to frequently self-monitor IOP.

 

After creating a profile in the App, the user wears the HOPES glove with the sensor placed at the fingertip, pressing this against the centre of the eyelid. The fingertip employs a unique sensor architecture that captures dynamic pressure information of the user’s eye with sub-millisecond precision. The captured signals are processed by machine learning algorithms to continuously and accurately compute users’ IOP.

 

Data is transmitted via Bluetooth to paired devices or uploaded to the Cloud to be accessed remotely by clinicians. The App prompts users with easy-to-read measurement history and direct links to healthcare systems, allowing them to seek medical help to minimise future symptoms.

 

Next steps

The team plan to collaborate with clinicians at the National University Hospital to collect and analyse patients’ eye pressure data to train the device’s machine learning mode. At the same time, they are working on optimising HOPES’ performance, and improving its design.

 

Sustainability winner – Plastic Scanner, invented by Jerry de Vos

 

The problem

Plastic is a lightweight, safe and readily available material which can be used to make long-lasting, durable products. It has a bad reputation because it is often not thought to be recyclable and so ends up in landfill, or worse on the beach or in our oceans. However, with the right technologies plastics can be widely recycled successfully at end of life and transformed into new products, which themselves are long-lasting and durable.

 

The challenge is identifying the plastic so that it can be recycled in the correct way, rather than sent to landfill. The technology exists but is expensive and rare. With greater availability of plastic identification much more plastic can be recycled and therefore used more effectively.

 

The solution

The Plastic Scanner, invented by Industrial and Product Design graduate Jerry De Vos from the Netherlands, is this year’s Sustainability winner. Plastic Scanner is a handheld device that when held against plastic will tell the user what materials it’s made from. It uses near-infrared spectroscopy, a technology that can categorise more than 75% of plastics.

 

Jerry is a member of Precious Plastic, an organisation that aims to reduce plastic waste. Through his work for the organisation he has witnessed the negative impact of plastic pollution first-hand and the bottlenecks caused when plastic is not identified and sorted in the recycling process. Around the world, much of this process is done by hand which takes time and is prone to error. Jerry has seen successful technology used in large factories in the Netherlands where infrared reflections assist with the sorting. This is a vital step for ensuring it is recycled properly. Jerry’s mission has been to make this technology available for everyone around the world so they can recycle better.

 

The Plastic Scanner uses near-infrared spectroscopy to detect types of plastic – a new and low-cost approach to traditional infrared spectroscopy. The Scanner is also uses open source GPL-v3 license, so anyone can assemble the breakout board and embed the electronics into a handheld device. Open source welcomes feedback and improvements from experts, so the project will continuously improve as more people recycle plastic around the world.

 

Jerry learnt that much plastic entering our oceans comes from low and middle-income countries. It is his mission to support recycling initiatives in these nations with the way he designed the low-cost and ease of use of the Plastic Scanner. During development, Jerry interviewed recyclers from India, Indonesia, Kenya and Curacao to ensure his model was suitable for end users.

 

Next steps

Jerry has gathered a team of friends specialising in embedded systems and machine learning to support his creation of new prototypes and pilot the Scanner in both industry and low resource contexts. Long-term his goal is to make the project sustain itself, with DIY versions of the Scanner, whilst enriching Open-source documentation to make it easier for others to get involved and contribute to his mission.

 

Medical winner – REACT, invented by Joseph Bentley

 

The problem

Knife crime is an issue in many countries around the world and last year, with rates of knife crime on the rise in almost all continents, particularly in countries with strict gun laws. In England and Wales alone, there were around 46,000 offences involving a knife or sharp instrument, which is the highest number of offences since the year ending March 2011[4].

 

The average wait time for an ambulance in the UK is currently just over eight minutes, while the target response time is 12 minutes for emergency ambulance calls in Hong Kong[5], yet it can only take five minutes for someone to bleed to death[6][7].

The solution

The REACT device (which stands for Rapid Emergency Actuating Tamponade) aims to reduce catastrophic blood loss from a knife wound. The current advice for treating stab wounds is to never remove the knife object from the wound if it is still in place[8]. This is because the object is applying internal pressure to the wound site whilst also filling the cavity and preventing internal bleeding. Joseph’s concept is based on the same principle, the implantable medical-grade silicone balloon tamponade would be inserted into the wound tract by a first responder. The actuator device is connected to the tamponade valve, and the user selects the wound location on the device interface. Squeezing the trigger on the actuator starts the automated inflation sequence, and the tamponade is inflated to a defined pressure based on the wound location to try and stem the bleeding. 

 

During the early research and development phases, Joseph discovered that current wound management techniques like wound packing are sometimes used by paramedics to prevent bleeding from stab wounds[9]. This process involves tightly packing a wound with gauze, which will help to apply pressure internally to the site. According to Joseph, the process can be slow, technical, and extremely painful to the victim, but has in many cases proven to be successful in quickly stopping bleeding from knife wounds. 

 

Despite this, the technique may not be suitable for wounds in cavities like the abdomen, which is the most common area for knife wounds to appear following a knife attack[10]. During his prototyping, Joseph found that the simple application and automated inflation procedure of the REACT system could be a more effective method for first responders compared to traditional methods. He claims his prototype Tamponade could potentially be in place and stopping haemorrhage in under a minute, which Joseph estimates could save hundreds of lives a year.

 

Next steps

Winning a global James Dyson Award prize will inject a further £30,000 into Joseph’s project. He aims to commercialise his invention in the coming years, using the Award money for further research and official medical testing into how the REACT invention can become a global solution to knife wounds and hopefully save lives.

 

NOTES TO EDITORS

The James Dyson Award forms part of a wider commitment by Sir James Dyson, to demonstrate the power of engineers to change the world. The Dyson Institute of Engineering and Technology, the James Dyson Foundation and James Dyson Award encourage aspiring engineers to apply their knowledge and discover new ways to improve lives through technology. Since the competition first opened in 2005, James and the James Dyson Foundation have donated over £135m to boundary-breaking concepts in education and other charitable causes. The Award has supported nearly 300 inventions with prize money.

 

PREVIOUS GLOBAL WINNERS

·          2020 International winner – The Blue Box

Invented by 23-year-old Judit Giró Benet, The Blue Box is a new way to detect breast cancer, at-home, using a urine sample.

·          2020 Sustainbility winner – AuREUS

Invented by 27-year-old Carvey Ehren Maigue, AuREUS is a new material, made from waste crop, which converts UV light into renewable energy. The Sustainability prize was newly created in 2020.

·          2019 International winner – Marina Tex

MarinaTex is a home compostable material designed as an alternative to single-use plastic films. The material is comprised of waste material from the fishing industry and sustainable algae.

·          2018 International winner – O-Wind Turbine

O-Wind Turbine is an omnidirectional wind turbine that can capture wind travelling in any direction, unlike conventional turbines. This allows it to be used in urban environments where wind flow is multi-directional.

·          2017 International winner – The sKan

The sKan is a low cost and non-invasive melanoma detection device invented by a team of medical and bioengineering undergraduates from McMaster University, Canada. The team are currently using the prize money to refine their design to ensure it passes the US Food and Drug Administration standards.

·          2016 International winner – EcoHelmet

EcoHelmet is a foldable, paper bike helmet for bike shares. It uses a honeycomb configuration to protect the head from impact and folds completely flat when not in use. It is currently in product development stages.



[4] Taken from official National Health Service (NHS) and Office of National Statistics (ONS) data

[6] Taken from official National Health Service (NHS) data in November 2020

[7] Department of Homeland Security. (2015). Stop the Bleed. [online] Available at: https://www.dhs.gov/stopthebleed

[8] Hammett, E. (2020). How to help someone who has been stabbed or is seriously bleeding. [online] First Aid for Life. Available at: https://firstaidforlife.org.uk/knife-crime-serious-bleeding/

[9] Hammett, E. (2020). How to help someone who has been stabbed or is seriously bleeding. [online] First Aid for Life. Available at: https://firstaidforlife.org.uk/knife-crime-serious-bleeding/

[10] Sugrue, M., Balogh, Z., Lynch, J., Bardsley, J., Sisson, G. and Weigelt, J. (2007). GUIDELINES FOR THE MANAGEMENT OF HAEMODYNAMICALLY STABLE PATIENTS WITH STAB WOUNDS TO THE ANTERIOR ABDOMEN. ANZ Journal of Surgery, 77(8), pp.614–620.

ABOUT THE COMPETITION

The brief. Design something that solves a problem. This problem may be a frustration that we all face in daily life, or a global issue. The important thing is that the solution is effective and demonstrates considered design thinking. Unlike other competitions, participants are given full autonomy over their intellectual property.

The process. Entries are judged first at the national level by a panel of external judges, before progressing to the international stage. A panel of Dyson engineers then select an international shortlist of 20 entries. The top 20 projects are then reviewed by Sir James Dyson who selects his global winners.

The 2021 prizes

  • The International winner receives a prize of £30,000, plus £5,000 for the winner’s university.
  • The Sustainability winner and the Medical winner receive a prize of £30,000.
  • Each National winner receives £2,000.

How to enter. Candidates enter through an online application form via the James Dyson Award website. Entries open again on 16 March 2022. Entrants should concisely explain what their invention is, how it works, and their development process. The best entries solve a real problem, are clearly explained, show iterative development, provide evidence of physical prototyping and have supporting imagery and a video.

#JamesDysonAward

Laos Confirms 1,073 New Cases of Covid-19 and Two Deaths

Covid-19 Update Vientiane

Laos has recorded 1,073 new cases of Covid-19 across the country today, with two new deaths.

Lao Kip Drops to 15-Year Low

Central Bank Governor Explains Reasons for Weak KIP

The Lao kip has continued its depreciation against foreign currencies, reaching its lowest value against the US dollar in more than fifteen years.

Bybit Becomes the New Global Main Sponsor of the Argentina National Football Teams

BUENOS AIRES, ARGENTINA – Media OutReach – 17 November 2021 –  Bybit, one of the fastest growing cryptocurrency exchanges with operations around the world, is the new global main sponsor of the Argentina national football teams, including the men’s international football side captained by Lionel Messi.

Through this two-years agreement, Bybit’s brand will have maximum visibility in all Argentine Football Associations (AFA) assets, and its logo will be present in the training apparel of all the national football teams. Within its global growth strategy for the coming years, the Latin American market is one of the focuses of Bybit, which was founded in 2018 and today has operations around the world.

In relation to this issue, the President of AFA, Claudio Tapia, said, “We are very happy to announce this important commercial agreement. We added a brand to the national teams’ clothing and that is something significant, both for the company and for AFA. It is important to add brands with a global presence, which accompany the national team projects that we have been developing in an integral way for 4 years, not only with the senior national team. We know that 2022 will be a very important year due to the skills we have and without a doubt this will give the national team enormous visibility. We welcome Bybit to the Argentine Football Association, and appreciate the trust they place in our projects. We will work together to achieve the highest return from this important sponsorship agreement.”

Regarding the commercial importance of the agreement, Leandro Petersen, Commercial and Marketing Manager of AFA pointed out, “Adding a brand in the clothing of our teams is very important. In these years we have carried out a strategy of commercial and brand growth around the world, opening strategic markets where AFA does not have a presence in, generating various business units to strengthen AFA’s revenues and launching new digital products for fans around the world. We have added many business partners in this way — leading brands that today form part of the AFA sponsorship platform. Bybit is a global brand that bets on technology and seeks to continue growing throughout the world, in the same way that we are doing in our association. It will undoubtedly be a sponsorship that will enhance both brands and generate new growth opportunities globally.”

Ben Zhou, CEO of Bybit, stated, “We are excited to support the Argentina national football team through this long term partnership with the Argentine Football Association. La Albiceleste not only has the complementary colors for Bybit’s black and yellow, but also embodies relentless passion and limitless creativity — qualities we as a crypto company would like to champion and celebrate. Working with the AFA is one of the easiest decisions we have made. Bybit will be cheering for Argentina for years to come.”

About Bybit

Bybit is a cryptocurrency exchange established in March 2018 to offer a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. The company provides innovative online spot and derivatives trading services, mining and staking products, as well as API support, to retail and institutional clients around the world, and strives to be the most reliable exchange for the emerging digital asset class.


For more information please visit: https://www.bybit.com/

For updates, follow Bybit’s social platforms on Twitter and Telegram.

#Bybit

Prince Group Wins “Best Country Awards for Overall CSR Excellence, Best in Cambodia” at The Global CSR Awards 2021

PHNOM PENH, CAMBODIA – Media OutReach – 17 November 2021 – Prince Holding Group (“Prince Group“), one of Cambodia’s largest and fastest growing conglomerates, has been recognized as the Gold Winner of “Best Country Awards for Overall CSR Excellence, Best in Cambodia” at The Global CSR Awards 2021, now in its 13th year. Prince Group was selected among some of the best companies from Asia, United Arab Emirates and Europe.

 

The Global CSR Awards 2021 is one of Asia’s most prestigious recognition awards programme for corporate social responsibility and corporate governance. The programme recognizes and honours companies for outstanding, innovative and world-class products, services, projects and programmes implemented in the past or present. These projects demonstrate the companies’ leadership, sincerity, on-going commitment in incorporating ethical values, compliance with legal requirements, and respect for individuals, communities and the environment in the way they do business.

 

This year, over 350 entries were received from over 100 companies all over the world and a final selection of 50 companies were recognized by the judging panel as institutions demonstrating strong corporate social responsibility programmes in the second year of the COVID-19 pandemic era.

 

“Prince Group is deeply honoured to receive the recognition from The Global CSR Awards 2021, affirming our contributions as a responsible corporate citizen in Cambodia,” said Gabriel Tan, Chief Communications Officer of Prince Group. “Prince Group and our units will continue to work with Prince Foundation, our philanthropic arm as well as external stakeholders including various ministries and NGOs to make a difference together to Cambodia’s future.”

                

Mr Tan was also invited to deliver a keynote on Cambodia’s recovery journey in the 12th and 13th Annual Global CSR Summit held on the same day of the awards announcement. Other speakers included some of the region’s leading thought leaders in sustainability such as Ocean Recovery Alliance founder Doug Woodring and the sustainability leads at Schneider Electric (South Asia), Infosys and Bridgestone Asia Pacific.                        

                                                         

Cambodia has completed a remarkable recovery following a surge in COVID-19 infections midway through the year. Prince Group contributed significantly through the purchase of 1 million COVID-19 vaccines, donations worth US$6 million to bolster the Cambodian government’s anti-pandemic efforts and the launch of the Chen Zhi Scholarship, a financial aid programme that promises to transform the lives of 400 underprivileged Cambodian university students in the coming seven years. Prince Group will contribute full tuition fees and stipends totaling US$2 million.

 

This is the eighth international award received by Prince Group this year, demonstrating Prince Group’s commitment towards championing sustainable development in Cambodia and across the ASEAN region. To date, Prince Group has also been recognized this year at the 2021 International Business Awards, the eighth annual Asia-Pacific Stevie Awards and the Group was also recognized as a conglomerate displaying responsible entrepreneurship at the 2021 Asia Responsible Enterprise Awards (“AREA”). Over the past five years, Prince Group has invested more than US$3 billion in  projects in Cambodia.

 

About Prince Holding Group:

Prince Holding Group is one of the largest conglomerates in Cambodia, with its various units focusing on three core areas: 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 80 businesses in Cambodia operating in real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverages, and lifestyle sectors etc.

Rising foreign direct investment, free trade agreements with leading countries and future participation in the Regional Comprehensive Economic Partnership are expected to act as key drivers for the Cambodian economy, supported by pro-industry policy initiatives by the government.

Leveraging a network of industrial, business and financial professionals across Asia, Prince Holding Group has laid the foundation to be a vital conduit for local and international capital. The Group is firmly committed to the long-term development of Cambodia. For example, Prince Holding Group is developing Ream City, an upcoming tourism and residential project that will be one of Cambodia’s first sustainable real estate projects, aiming to secure $16 billion in total investment for the region. Located conveniently within a 10-minute drive from the Sihanoukville International Airport, the project aims to contribute to economic recovery in Sihanoukville.

#PrinceHoldingGroup