Key Philippine sectors ready for automation: ADB

The ADB statement said that the electronics and the information technology-business process outsourcing industry players showed good progress in implementing 4IR preparedness. - Bloomberg

MANILA (Philippine Daily Inquirer/ANN): The Philippines’ two biggest dollar-earning export sectors have made inroads in trying to minimise the potential impact on jobs of the automation of goods and services production under a looming “fourth industrial revolution” (4IR), the Asian Development Bank (ADB) said on Wednesday (Jan 20).

The ADB cited the results of its study titled “Reaping the Benefits of Industry 4.0 Through Skills Development in High-Growth Industries in Southeast Asia: Insights from Cambodia, Indonesia, the Philippines and Vietnam” in a statement published this month.