Reaping the Benefits of Industry 4.0 Through Skills Development in the Philippines

Download or read book Reaping the Benefits of Industry 4.0 Through Skills Development in the Philippines written by Asian Development Bank and published by Asian Development Bank. This book was released on 2021-01-01 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report explores the implications of the Fourth Industrial Revolution (4IR) on the future of the job market in the Philippines. It assesses how jobs, tasks, and skills are being transformed in the information technology-business process outsourcing industry and electronics manufacturing industry. These two industries have high relevance to 4IR technologies and are important to the country’s employment, growth, and international competitiveness. They are likely to benefit from the transformational effect of 4IR, if there is adequate investment on jobs, skills, and training. The report is part of series developed from an Asian Development Bank study on trends in skills demand in Cambodia, Indonesia, the Philippines, and Viet Nam.