Logo of Phnom Penh Post newspaper Phnom Penh Post - CWEA, industry ministry talk women-led firms’ challenges

CWEA, industry ministry talk women-led firms’ challenges

Content image - Phnom Penh Post
Industry minister Cham Prasidh (centre left) hands Cambodia Women Entrepreneurs Association (CWEA) president Keo Mom a gift basket after Tuesday’s meeting. INDUSTRY MINISTRY

CWEA, industry ministry talk women-led firms’ challenges

Members of the Cambodia Women Entrepreneurs Association (CWEA) have met with the industry ministry to discuss the possibility of government intervention on manpower shortages, credit access and the impact of Covid-19 on small- and medium-sized enterprises (SME) in the Kingdom.

CWEA president and Ly Ly Food Industry Co Ltd owner and CEO Keo Mom said that the first quarterly meeting between the association and the Ministry of Industry, Science, Technology and Innovation on April 19 sought to find “practical solutions” to the three issues.

She identified the main problems that members of the association have been facing as a lack of skilled staff, difficulty of women-led businesses in obtaining bank loans and the impact of the Covid-19 pandemic on businesses.

Mom said the obstacles faced by women entrepreneurs over the past two years have been more pronounced than those faced by men, especially with the traditional added burden of childcare responsibilities.

With schools closed and children having to study at home, women entrepreneurs have had to spend more time on household chores, whilst also spending time on business development to mitigate the impacts of Covid-19 crisis on their enterprises, she said.

In response to Mom’s concerns, Minister of Industry, Science, Technology and Innovation Cham Prasidh promoted existing technical training courses to help “rehabilitate and revitalise” businesses in the endemic stage of Covid-19.

But he conceded that “further efforts must be made” by both businesses and the ministry to facilitate employee access of these resources, both online and directly at workplaces.

Regarding the difficulty of obtaining loans from banks, he pointed to the state-owned Small and Medium-sized Enterprise Bank of Cambodia Plc, or SME Bank, and the Agricultural and Rural Development Bank of Cambodia’s low-interest rate loans which entrepreneurs can apply for to facilitate development of their business.

On May 6, CWEA and the ministry will jointly launch the second and third white papers compiled by the association on issues, obstacles, solutions and achievements of women entrepreneurship in Cambodia.


  • Joy as Koh Ker Temple registered by UNESCO

    Cambodia's Koh Ker Temple archaeological site has been officially added to UNESCO’s World Heritage List, during the 45th session of the World Heritage Committee held in Riyadh, Saudi Arabia, on September 17. The ancient temple, also known as Lingapura or Chok Gargyar, is located in

  • Famed US collector family return artefacts to Cambodia

    In the latest repatriation of ancient artefacts from the US, a total of 33 pieces of Khmer cultural heritage will soon return home, according to the Ministry of Culture and Fine Arts. In a September 12 press statement, it said the US Attorney’s Office for the

  • Tina rebuffs ‘false claims’ over falling paddy price

    Agriculture minister Dith Tina has shed light on the trade of paddy rice in Battambang – Cambodia’s leading rice-producing province – in a bid to curb what he dubs a “social media fact distortion campaign” to destabilise the market. While acknowledging that the prices of paddy

  • Cambodia set to celebrate Koh Ker UNESCO listing

    To celebrate the inscription of the Koh Ker archaeological site on UNESCO’s World Heritage List, the Ministry of Cults and Religion has appealed to pagodas and places of worship to celebrate the achievement by ringing bells, shaking rattles and banging gongs on September 20. Venerable

  • Kampot curfew imposed to curb ‘gang’ violence

    Kampot provincial police have announced measures to contain a recent spike in antisocial behaviour by “unruly’ youth. Officials say the province has been plagued by recent violence among so-called “gang members”, who often fight with weapons such as knives and machetes. Several social observers have

  • PM outlines plans to discuss trade, policy during US visit

    Prime Minister Hun Manet is set to meet with senior US officials and business leaders during his upcoming visit to the US for the UN General Assembly (UNGA), scheduled for September 20. While addressing nearly 20,000 workers in Kampong Speu province, Manet said he aims to affirm