Passage of 'game changer' EBET Act lauded by business group

Passage of ‘game changer’ EBET Act lauded by business group

/ 01:05 AM November 08, 2024

MANILA, Philippines — A business group on Thursday welcomed the passage of the Enterprise-Based Education and Training (EBET) Framework Act, emphasizing that it was a “game changer” in ensuring job opportunities.

Philippine Business for Education (PBEd) said in a statement that this law aims to strengthen training programs in the country.

“The EBET is a game-changer for technical-vocational graduates, offering a seamless path from classroom to real job opportunities,” said PBEd Executive Director Justine Raagas.

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READ: Marcos signs law to tackle jobs mismatch, push quality employment

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President Ferdinand Marcos Jr. said that EBET or the Republic Act No. 12063 “directly addresses the issues [of] the lack of formal training and skill mismatches, ensuring that every Filipino can contribute and benefit from our nation’s growth.”

“By involving industries directly in skills development, the law ensures learners are job-ready, acquiring exact skills that the industry needs,” Raagas added.

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Marcos also noted that this law would foster and improve enterprise-based training modalities under the framework.

READ: September jobless rate falls to 3.7% — PSA

The president previously told the Technical Education and Skills Development Authority to “upskill and reskill” graduates so they can land jobs right away.

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TAGS: Business, enterprise

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