Bhutan Association of Women Entrepreneurs to propose for women’s chamber

Bhutan Association of Women Entrepreneurs to propose for women’s chamber

The two-day seminar on developing “ Effective policies for women entrepreneurship in the SAARC region” which saw women entrepreneurs from the eight member states ended Friday here in the capital.

Lyonpo Domchoe Dorj, the foreign affairs minister, in his keynote address said that the engagement of women entrepreneurs in mainstream economy is literally low in South Asia and that the need for framing policies to facilitate women in this sector was of immense value.

“The government is initiating rural banking and entrepreneurships programmes and micro-level financing through various revolving funds. And about 47% beneficiaries of these schemes are women,” lyonpo said.

The seminar, according to the secretary to the government of Nepal Yam Kumari Khatiwada, would give that much needed impetus to women SDFs in the region by means of adopting women-friendly legislations and identifying other key areas of development in bolstering the growth of women entrepreneurs in the region.

“We hope that the seminar will come up with concrete resolutions to further women entrepreneurs in the SAARC region,” Khatiwada said, adding that Nepal is also making headways for women representation in all level of decision making, starting from the local governance where they have seats reserved for women.

The participants also talked about the possibilities of developing a SAARC women’s bank, with regional offices in all member states, and development of a database of women entrepreneurs in the region to facilitate women SMEs in the region.

The CEO of Bhutan Association of Women Entrepreneurs (BAOWE) Damchae Dem said that the meet was of immense value to Bhutan as it opened avenues for Bhutanese women SMEs for further growth in the region.

“We will also propose for a women’s chamber which has become the need of the hour,” Damchae Dem said, adding that Bhutanese women never felt the need for the establishment of a chamber as gender sensitivity in Bhutan was, and is, still non existent.

A participant from Maldives said that it is time that Bhutan establish a women’s chamber as it would become a nodal agency for other international agencies, including donor agencies, to intervene should any issues related to women entrepreneurs rise.

“Women chambers have been very effective in addressing pertinent issues facing women SMEs and other problems of concern in SAARC member countries,” the participant said.

Pushpa Chettri, an entrepreneur based here in Thimphu, said that they will propose the establishment of a Bhutan women’s chamber to the government and was hopeful that it would materialize soon.

Among many other pertinent issues facing women in the SAARC region today, participants said that women entrepreneurs, though provided with a platform, was still faced with numerous challenges like social and cultural stigmas and non-availability of a level playing field.

“Though there are regulations at place there still was the need to frame specific policies for women entrepreneurs as there are still no specific womencentric financial platforms both country-wise and the region as a whole,” a participant from Sri Lanka said.

According to her, the member states could look at possibilities to open up showrooms in all member states that can be used as an outlet for displaying products from different women entrepreneurs across the region so that the entrepreneurs get a platform to market their products.

A representative from the Indian delegate said that they would look at avenues to open up a Bhutan stall in New Delhi that can be used by women exporters from Bhutan to showcase their products.

The participants also deliberated on the possibility of introducing a one tax scheme for all member states and the establishment of a SAARC women bank among others to facilitate better trade and help women SMEs to avail loans and other financial schemes.

The seminar also focused on issues to improve access to market information, establishing specific economic policies for women SMEs, simplifying the process of registering their business and building more avenues to avail loans and financial support for their businesses.

Apart from establishing a women’s chamber in Bhutan, the seminar recommended that a women representative of South Asian Women’s Development Forum (SAWDF) be appointed in the SAARC Technical committee and the establishment of a SAARC Women’s Bank with regional offices in all member states.

The seminar, hosted by BAOWE, was organized by SAWDF with technical assistance from the World Bank, International Labour Organization and the Australian Bank.

 

 

Related Posts

Ashi Tashi Chodzom Dorji Becomes First Bhutanese To Be Honoured...

She was instrumental in strengthening the relations between Bhutan and Australia.

Jul 12, 2018 11:38

Bhutan Marked International Day Against Drug Abuse And Illicit...

This year, the United Nations celebrated the International Day against Drug Abuse and Illicit Trafficking with the theme...

Jul 11, 2018 15:58

Concept Of A Model Organic Village Initiated In Bhutan For...

The concept developed through funds from the Asian Food and Agriculture Cooperation Initiative (AFACI) will bring...

Jul 06, 2018 17:17

Kingdom Of Happiness Launched First Satellite, BHUTAN-1 Into...

The crowd cheered as the Space X Falcon 9 rocket and Dragon spacecraft bearing BHUTAN-1 lifted off from the Cape...

Jul 01, 2018 16:00

Population And Housing Census Of Bhutan Gave Further Insights...

The Population and Housing Census of Bhutan (PHCB) in 2017 provides a statistical breakdown in the following article.

Jun 28, 2018 17:39

New Airbus A319 for Bhutan Airlines Is Open To Exploring New...

“For now we are open to Thailand, India and Nepal but if the market demands, we will definitely increase our destination...

Jun 27, 2018 08:39

Latest

News

Ashi Tashi Chodzom Dorji Becomes First Bhutanese To Be Honoured With Order Of Australia Award

She was instrumental in strengthening the relations between Bhutan and Australia.

Jul 12, 2018 11:38

Bhutan Marked International Day Against Drug Abuse And Illicit Trafficking With The Theme ‘Listen First’

This year, the United Nations celebrated the International Day against Drug Abuse and Illicit Trafficking with the theme ‘Listen First.’

Jul 11, 2018 15:58

Features

11th Golden Youth Award Camp Aims To Inspire Bhutanese Youth To Excel Holistically

The camp’s theme ‘Celebrating Unity for Excellence’, is a pledge by the youth to be advocators and agents of peace, harmony and...

Jul 12, 2018 16:14

Asian Development Bank: Bhutan Among Fastest Growing Economies In Asia

In 2018, Bhutan’s GDP is projected to grow by 7.1 percent, the second highest growth after India (7.3 percent).

Jul 10, 2018 18:48

Sports

Future Of Bhutan’s Women Football Depends On The Development Of Local Coaches

The football coach of the national women’s team, Sung Jea Lee said that there is a need to train local coaches.

Jul 08, 2018 18:16

Bhutan’s Two Young Representatives Shared Their Unforgettable Experiences At The 2018 FIFA World Cup in Russia

Bhutan was represented by two students, Rigzin Tenzin, 12, from Gelephu and Kinley Deki Yangzom, 12, from Lobesa Lower Secondary School,...

Jun 30, 2018 14:06

Business

Royal Bhutan Helicopter Services Has Generated Profits And Served More Than 500 Tourists And Locals Since 2016

The RBHS was launched with the primary objective of providing services during medical emergencies and natural disasters and also for tourism...

Jul 14, 2018 14:23

White Button Mushroom Trial Cultivation A Success In Chukha, Bhutan

In April this year, four areas were identified in Darla (Tala), Chasilakha and Tsimalakha for the trial programme.

Jul 09, 2018 18:27

Travel

Heading To Haa, Bhutan For The Summer Festival? Here Are Some Culinary Delights You Must Not Miss!

Savour the most delectable cuisine from the province of Haa in Bhutan.

Jul 13, 2018 14:54

Rare Masked Dances - One Of The Unique Features Of The Kholong Tshechu (Brawl Festival) In Bhutan

“Other dances like the Pha-dong chham, Sangling Ngachham, and Terchham among others are not performed in any part of the country,” said...

Jul 03, 2018 14:44

Lifestyle

Bhutan Film Festival Held In Sikkim To Commemorate 50 Years Of Bhutan-India Friendship Ended With Colourful Traditional Dances

Bhutanese celebrities and Sikkim’s local artists performed various traditional and cultural performances at the festival.

Jul 15, 2018 14:32

Outdoor Gym A Hit With Residents Of Trashigang In Bhutan

The residents of Trashigang are becoming increasingly health conscious and the outdoor gym facility has been used to its fullest capacity by...

Jul 07, 2018 15:48

Subscribe to our newsletter

Never miss out on new happenings and news stories!