Logo of Phnom Penh Post newspaper Phnom Penh Post - Women entrepreneurs to get capacity boost

Women entrepreneurs to get capacity boost

Content image - Phnom Penh Post
The Cambodian Women Entrepreneurs Association (CWEA) and the Netherlands Foreign Trade and Development Cooperation will work together to strengthen the capacity of Cambodia’s women entrepreneurs. SUPPLIED

Women entrepreneurs to get capacity boost

The Cambodian Women Entrepreneurs Association (CWEA) and the Netherlands Foreign Trade and Development Cooperation will work together to strengthen the capacity of Cambodia’s women entrepreneurs.

A memorandum of understanding (MoU) was signed to this end on May 19 via video link by CWEA president Keo Mom and Henrique Postmar Hazelaar, a representative of the Dutch government unit.

Mom told The Post on May 20 that the MoU would focus on cooperation to provide training to women entrepreneurs in Cambodia to strengthen their capacity.

“We are studying their needs, what our shortcomings are. After the study, we will make a plan to help them, and this cooperation will help women entrepreneurs to increase their know-how and skills,” she said, adding that the MoU will be for one year, under the Netherlands Foreign Trade and Development Cooperation’s CBI project.

Cheng Sopheap, founder and president of Keiy Tambanh Khmer, a manufacturer of traditional fabrics and scarves, said that some women entrepreneurs still need to further strengthen their digital technology and leadership skills to improve their business operations.

Women entrepreneurs must strive to participate in various training courses to further strengthen their knowledge and skills, she said, stressing the importance of business innovation and developing public speaking skills.

A 2019 survey by the Ministry of Industry, Science, Technology and Innovation of 71 enterprises in the Kingdom found that they needed assistance in market research, service development, packaging, technology adoption, human resources, access to labour, access to finance, business registration, taxation and improving hygiene standards.

On December 23, the UN Development programme and the government, through the Ministry of Commerce, jointly launched a project to accelerate Cambodia’s e-commerce.

“The joint partnership aims to boost domestic and international opportunities for SMEs through a digital platform and create over 1,000 new jobs by 2022,” according to a joint press release.

“Under this joint initiative, 125 small and medium-sized businesses are expected to gain grants and training in e-commerce through a co-funding [partnership with the commerce ministry], the Enhanced Integrated Framework [EIF], the Australian government and UNDP,” it added.

MOST VIEWED

  • All Covid restrictions for inbound travellers lifted

    Cambodia has apparently taken the final step towards full reopening of the country without Covid-19 restrictions by removing all requirements for inbound travellers, who until now had to show health certificates indicating that they have tested Covid-19 negative in the past 72 hours as well as

  • Typhoon Noru brings flash floods – 16 dead

    An official warned that that the 16th typhoon of the season, Noru, had brought heavy rains to areas the Mekong River and flooded thousands of homes in the provinces bordering Thailand. As of September 27, the death toll from the flooding had risen to 16. National Committee

  • Defence minister reaffirms Kingdom’s staunch support for One-China policy

    Minister of National Defence General Tea Banh has reaffirmed Cambodia’s unwavering support for the One-China policy. Tea Banh was speaking at the September 20 ceremonial handover of 117 vehicles and other military equipment donated by China’s defence ministry, held at Phnom Chumreay International Military Training

  • Mushrooming borey projects and home financing – a cause for concern?

    A spurt in housing developments is typically a sign of a growing economy but underneath all that might lay some anxiety of credit growth as developers offer financing to buyers at higher rates, an activity the central bank identifies as ‘shadow banking’ Earlier this year,

  • Thai Senate delegates in Cambodia to discuss anti-graft co-op

    A delegation from Thailand's Senate was in Phnom Penh on September 28 to meet their Cambodian counterparts to discuss strategies for fighting corruption and enhancing cooperation. The Thai delegates were from its Senate’s Committee on Studying and Inspecting Corruption, Misconduct and Strengthening Good Governance. They

  • Cambodia stands firm on 5PC: No invite for Myanmar to ASEAN Summit this year

    Cambodia has not invited Senior General Min Aung Hlaing, chairman of Myanmar’s ruling State Administration Council (SAC), to the 40th and 41st ASEAN Summit and related meetings scheduled for next month in Phnom Penh. The government will instead invite a non-political representative from Myanmar