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Philippines, United Kingdom-ASEAN Business Body Explore Partnerships To Create More Jobs

Strategic investments and public-private partnerships could help expand industries while creating quality jobs and strengthening skills for the Philippines’ future workforce.

Philippines, United Kingdom-ASEAN Business Body Explore Partnerships To Create More Jobs

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The Philippine government and the UK-ASEAN Business Council are exploring stronger partnerships in education, training and workforce development to prepare Filipino workers for emerging industries and create more high quality jobs.

In a statement Monday, the Department of Finance said Government Corporations and Investments Group Undersecretary Ma. Angela Ignacio participated in a roundtable meeting on Sept. 21, where she highlighted the Philippines’ growing pool of skilled workers and its potential to support advanced industries and attract more investments.

Discussions focused on addressing skills gaps and strengthening industry-aligned training, particularly in areas such as semiconductor manufacturing, engineering, digital skills, and emerging technologies, alongside opportunities for apprenticeships and internships to better prepare Filipinos for the workforce

These are expected to help bridge the gap between education and industry requirements, giving Filipino workers greater access to skills and opportunities while helping businesses find the talent they need to grow.

Potential partnerships in infrastructure, digitalization, and financial inclusion were also explored, including initiatives to strengthen financial literacy and resilience.

“It is therefore an opportune time to invest in the Philippines as it offers a larger, more capable workforce, a rapidly growing consumer market with rising purchasing power, and with institutional capacity to house advanced industries,” Ignacio said.

“The opportunities before us—in strategic investments, public-private partnerships, and blended finance—are concrete pathways to expand industries, create quality jobs, and equip our people with the skills needed for the future,” Ignacio added. (PNA)