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Marcos signs law on enterprise-based education and training

President Ferdinand Marcos Jr. signs into law the Enterprise-Based Education and Training (EBET) Framework Act in Malacañang on Nov. 7, 2024. The EBET Act, a priority measure under the Marcos administration, aims to address the persistent issue of job-skills mismatch that has hindered many Filipinos from securing employment or better-paying jobs.

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Transcript
00:00under a single framework in partnership with the private sector in order to effectively
00:07address job skills mismatch and ensure competitiveness of the Philippine workforce vis-à-vis the
00:14competency requirements of the rapidly evolving rural economy.
00:19Upon signing of the Harmonized Version of Senate Bill No. 2587, House Bill No. 7400
00:28and House Bill No. 6523, it shall be known as Republic Act No. 12063 and titled, An
00:35Act Institutionalizing the Enterprise-Based Education and Training Framework and Appropriating
00:41Costs for Their Employment.

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