MANILA, Philippines- The Asian Development Bank (ADB) approved on Tuesday a $350-million loan to help the Philippines in policy reforms aimed at developing skills among out-of-school youth.
ADB said the “Increasing Competitiveness for Inclusive Growth Program” aims to help the youth better integrate in the labor market and develop workplace skills. The multilateral financial institution is working with the Labor Department in designing a program that will provide 1,600 youth with career counseling services, grants for vocational training and internships with employers.
The project, called MyFirstJob, is one of several programs that will be used to make the labor market more inclusive in the country. Others include the tourism industry-led skills development program and a new tourism quality assurance and accreditation system that will improve competitiveness in the tourism industry.
“There has been marked improvement in the Philippines’s global competitiveness, but regulation, lack of domestic competition in key sectors, underinvestment in infrastructure and a mismatch of skills in the labor market are keeping the country from realizing its full potential,” Kunio Senga, director general of Southeast Asia Department said. –Jovan Cerda (philstar.com)
May –
Anti-Graft and Corruption Awareness Month
“Corruption drains the nation
and victimizes workers who build the nation.
Accountability now!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
May 1 – Labor Day
May 2 – World Freedom Day
May 12 – World Communication Day
May 15 – International Day of Families
May 16 – International Day of Living
Together in Peace
May 21 – World Day for Cultural Diversity
for Dialogue and Development
Monthly Observances:
The Month of the Ocean
Anti-Graft and Corruption Awareness Month
Volunteerism Month
Weekly Observances:
Week 2: Safe Motherhood Week
Daily Observances:
May 1: Labor Day
May 7: Health Worker’s Day
May 31: National Fisherfolks Day
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