MANILA The Duterte administration's policies and programs will eventually make the Philippines "more competitive" vis-A�-vis its Southeast Asian neighbors, as well as its peers worldwide, Presidential Communications Operations Office (PCOO) Secretary Martin Andanar said on Tuesday.
Andanar is confident the Philippines' global talent ranking will further improve, considering the government's efforts to transform the country into an "attractive place for skilled professionals."
"We will continue to address challenges that hinder personal, educational, and professional growth, as well as foster an environment where the retention of talent in the Philippines is fully realized through necessary programs, reforms, and policies," he said in a statement.
"With these programs in place, we see that the quality and level of Filipinos' talents will become even more competitive against regional and global peers over the long run," Andanar added.
The Communications chief issued the statement, after the Philippines' ability to develop, attract and retain a talented pool of human resources improved in 2019.
According to an annual survey of Swiss business school International Institute for Management Development (IMD), the Philippines is among 63 nations that posted the biggest climb in the latest World Talent Ranking report published on Monday.
The Philippines jumped six notches to 49th rank in 2019 from 55th place in 2018, but still ranked last among Southeast Asian nations, the report revealed.
Andanar said the executive branch welcomes the Philippines' improved standing in the IMD World Talent Ranking report this year.
"We welcome the outstanding improvement in the Philippines' ability to develop, attract, and retain highly skilled professionals based on the recent IMD World Talent Ranking 2019 in which it placed 49th, up from 55th in 2018, among 63 economies. With the increasing demand and competition in the labor market for skilled professionals, Filipinos have the capacity, talent, resourcefulness, and creativity to be competitive and meet the desired capabilities needed by employers," Andanar said.
The 2019 World Talent Ranking edition looked at three factors like investment and development, appeal, and readiness, and considered responses to IMD's executive opinion poll in ranking countries.
The Philippines registered largest improvement in the readiness factor, which rose to 26th place in 2019 from 37th in 2018. When it comes to appeal factor, the country placed 31st from 38th last year.
In the investment and development factor, the Philippines saw marginal improvement, from 62nd rank a year ago to this year's 61st place.
Andanar said the report, which serves as a testament to Filipino professionals' capability, has been complemented by the government's efforts to make education "inclusive and accessible" through the implementation of Republic Act 10931 or the Universal Access to Quality Tertiary Education Act.
"The Commission on Higher Education, Technical Education and Skills Development Authority, and Development Academy of the Philippines, among others, have undertaken complementary programs to promote technical skill development and retention," he said.
The PCOO chief also noted that the current administration is implementing the (RA) 10693 or the Tax Reform for Acceleration and Inclusion Act, RA 11223 or the Universal Health Care Act, and "Build, Build, Build" infrastructure program" to entice more skilled professions to work in the country.
He added that the government would collaborate with the private sector to make the Philippines "wholly equipped and capable of producing highly-skilled individuals."
"Furthermore, collaborations with the private sector will be undertaken in order to continue making Filipinos competitive in the labor market, as well as making the Philippines wholly equipped and capable of producing highly-skilled individuals, and making the country a home for them and their skills," Andanar said.
"This will continue to be a priority for the government and will be among President Duterte's lasting legacies," he added. (PNA)
Source: Philippines News Agency