ADB: PH needs manufacturing for 'inclusive growth'

Posted at Apr 11 2012 01:05 AM | Updated as of Apr 11 2012 09:05 AM

The Philippines needs to encourage manufacturing to create jobs for more of the population, ADB VP Stephen Groff told Business Nightly's Coco Alcuaz.  Remittances from overseas workers have allowed the government not to make the changes that have improved economies of its neighbors. The booming business process outsourcing industry is open mostly to better-skilled or educated Filipinos.