Philippines, Jan. 29 -- The Asian Development Bank (ADB) has approved a $500 million policy-based loan to help the Philippine government expand labor market programs designed to improve the productivity and employability of Filipino workers, while supporting reforms that will transform the investment environment to become more conducive to job creation.The Business and Employment Recovery Program-Subprogram 2 is assisting the government in pursuing reforms and initiatives to achieve inclusive economic growth by equipping the country's labor force, including vulnerable youth, with the skills required to meet evolving industry needs. It also aims to increase women's participation in the workforce via technical and vocational education and tra...