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Rosmah Calls On Young Women To Venture Into Entrepreneurship | 26/10/2010
Untitled document KUALA LUMPUR, Oct 26 2010 (Bernama) -- The prime minister's wife Datin Seri Rosmah Mansor Tuesday called on more young women to have the courage to venture into entrepreneur ship and business in support of the government's Economic Transformation Plan (ETP).

She said the active participation of the young women could kick start the new economic model and, indirectly, create more opportunities for others to venture into competitive and profitable economic activities and entrepreneurship.

"I believe that the young women in this country are ready to make a transformation in business, entrepreneurship and take on the government's challenge to become a developed and high-income nation by 2020," she said when opening the Malaysian Young Female entrepreneurs (MYFREN) Forum, here Tuesday.

As such, she also hoped that relevant government agencies would give more trust and space for the young female entrepreneurs to get equal financing and business opportunities.

"To ensure that we can afford to face and tackle new challenges at the local and international arena, young female entrepreneurs should start building their dreams because the power of dreams will become their source of strength," she said.

At the same time, Rosmah said the young female entrepreneurs should also display strong ability to build network, communicate effectively, be knowledgeable and have good entrepreneurship skill.

The prime minister's wife also called on the young female entrepreneurs to create a smart partnership by working closely with the partners in all aspects.

She said according to the United Nations' report, the economic growth in several developed countries was linked to the development of women.

For example, she said 64 per cent of the women in Russia owned a business, 38 per cent of business enterprises in the United States were owned by women, 23 per cent of private companies in Japan were owned by women, and 25 per cent of women in China and Europe founded their own companies.

On the organising of the two-day forum, Rosmah said it was most appropriate as those aged between 20 and 40 made up 51 per cent of the 80,000 female entrepreneurs in Malaysia.

Also present was Domestic Trade, Cooperative and Consumerism Minister Datuk Seri Ismail Sabri Yaakob.

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