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ADB approves $100-M loan to boost TVET

THE Asian Development Bank (ADB) has approved a $100-million loan to upgrade and modernize the technical and vocational education and training (TVET) ecosystem in the Philippines.

The Supporting Innovation in the Philippine Technical and Vocational Education and Training System Project aims to make the country's TVET ecosystem more responsive to new labor demands from industries and equip Filipinos with skills for the future.

Asian Development Bank headquarters in Manila. TMT FILE PHOTO