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Source: Sun Star
Today, President Gloria Macapagal-Arroyo (PGMA) signed Republic Act 9492, "An Act Rationalizing the Celebration of National Holidays", into law.
This law, which amends Section 26, Chapter 7, Book I of Executive Order No. 292 (also known as the Administrative Code), now make the so-called Holiday Economics, or the practice of shifting holiday observances, into official government policy, and mandates that most holidays, except those with religious significance, will be shifted to the nearest Monday.
This law codifies the attempt, earlier this year (19-Jan-2007), to make the occurrence of public holidays more predictable.
Related links:
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Philippines 2013 bank holidays and public holidays (current year)
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Philippines 2014 bank holidays and public holidays (next year)
• Philippines bank holidays and public holidays (news and updates)
• Worldwide
bank holidays and public holidays news updates (July 2007)
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Philippines Public Holidays Undergo Major Changes