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Source: GMA News
Barely 2 weeks after the signing of Republic Act 9492, "An Act Rationalizing the Celebration of National Holidays", it was announced that while August's upcoming public holidays would follow the new rules, Bonifacio Day (November 30) and Rizal Day (December 30), would not follow the new rules in 2007 and that both these public holidays would remain on their traditional fixed dates.
Late last month (25-Jul-2007), President Gloria Macapagal-Arroyo (PGMA) signed Republic Act 9492 which amends Section 26, Chapter 7, Book I of Executive Order No. 292 (also known as the Administrative Code), and made 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. Republic Act 9492 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 2012 bank holidays and public holidays (current year)
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Philippines 2013 bank holidays and public holidays (next year)
• Philippines bank holidays and public holidays (news and updates)
• Worldwide
bank holidays and public holidays news updates (August 2007)
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Philippines Tinkers With Recent Public Holidays Rationalization Law