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Holiday Economics
Philippine holiday economics refers to the policy in the Philippines introduced by President Gloria Macapagal Arroyo to move the observance of certain public holidays to the nearest weekend. Background Introduction by Arroyo The Executive Order 292, or the National Administrative Code of 1987 defines several of the public national holidays in the Philippines. There are two types of public holidays in the Philippines – regular and special non-working holidays. Schools in all levels suspend classes regardless of the public holidays while employers may or may not require workers to report to work. Those who would have report to work if not for the holiday but did not render work are paid their regular rate. Employees required to work due to their nature of their work are paid extra of their daily rate and cost of living daily allowance depending if the holiday is a regular (200%) or a special non-working holiday (130%). If a holiday falls on a non-working day for the employee, ...
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Holiday Economics - One Month
A holiday is a day or other period of time set aside for festivals or recreation. ''Public holidays'' are set by public authorities and vary by state or region. Religious holidays are set by religious organisations for their members and are often also observed as public holidays in religious majority countries. Some religious holidays, such as Christmas, have become secularised by part or all of those who observe them. In addition to secularisation, many holidays have become commercialised due to the growth of industry. Holidays can be thematic, celebrating or commemorating particular groups, events, or ideas, or non-thematic, days of rest that do not have any particular meaning. In Commonwealth English, the term can refer to any period of rest from work, such as vacations or school holidays. In American English, "the holidays" typically refers to the period from Thanksgiving to New Year's (late November to January 1), which contains many important holidays in American culture. ...
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Independence Day (Philippines)
Independence Day (; also known as ''Araw ng Kalayaan'', "Day of Freedom") is a national holiday in the Philippines observed annually on June 12, commemorating the declaration of Philippine independence from Spain in 1898. Since 1978, it has been the country's National Day. History The earliest recorded event related to the holiday was when Andres Bonifacio, along with Emilio Jacinto, Restituto Javier, Guillermo Masangkay, Aurelio Tolentino, Faustino Manalak, Pedro Zabala, and few other Katipuneros went to Pamitinan Cave in Montalban (now Rodriguez, Rizal) to initiate new members of the Katipunan. Bonifacio wrote ''Viva la independencia Filipina!'' or ''Long Live Philippine independence'' on walls of the cave after the Spanish discovery of the revolutionary group. Bonifacio also led the Cry of Pugad Lawin, which signals the beginning of the Philippine Revolution. Members of the Katipunan, led by Bonifacio, tore their community tax certificates (''cedulas personales'' ...
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Presidency Of Bongbong Marcos
Bongbong Marcos began his presidency at noon on June 30, 2022, following his inauguration as the 17th president of the Philippines, succeeding Rodrigo Duterte. His term is expected to expire six years later, on June 30, 2028. Marcos initially downsized government bureaucracy, especially in the executive branch of the government. His administration oversaw the post-pandemic return to normalcy with the gradual reopening of the economy, return of face-to-face/physical classes, removal of stringent travel restrictions, and the lifting of the mask-wearing mandate for outdoor and indoor settings. He also sought to address the rising inflation and shortage of the country's food supply during the beginning of his presidency. As president, Marcos signed into law the creation of the Maharlika Investment Fund, the first sovereign wealth fund of the Philippines. Under his term, the Philippines ratified the RCEP in February, and entered into force in June 2023. Marcos also went on many ...
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Presidency Of Benigno Aquino III
Benigno Aquino III began his presidency at noon on June 30, 2010, following his inauguration as the 15th president of the Philippines, succeeding Gloria Macapagal Arroyo. Aquino, the third-youngest person elected president, is the only son of the 11th president, Corazon Aquino, and former senator Benigno Aquino Jr. Aquino continued the process of implementing the K–12 curriculum in the country that started when the Omnibus Education Reform Act of 2008 (Senate Bill 2294) was filed on May 20, 2008 during the presidency of his predecessor Gloria Macapagal Arroyo. He enacted the Reproductive Health Bill, providing universal access to methods on contraception. He launched the public-private partnership program to hasten infrastructure development, and formed a commission to investigate issues and corruption allegations against his predecessor, President Gloria Macapagal-Arroyo. Aquino extended the modernization program of the military for 15 years. He signed the Enhanced D ...
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Presidency Of Gloria Macapagal Arroyo
Gloria Macapagal Arroyo served two consecutive terms as 14th President of the Philippines: 2001-2004 and 2004-2010. Her first term started on January 20, 2001, following the Second EDSA Revolution which took place while she was the Vice President under President Joseph Estrada (in office 1998-2001). In 2004, she ran as the incumbent, defeating opponent Fernando Poe, and was inaugurated on June 30, 2004. Arroyo is the daughter of Diosdado Macapagal, the 9th President of the Philippines. Administration and cabinet Other cabinet-level and high posts * Executive Secretary ** Renato de Villa (2001) ** Renato C. Corona ''(acting)'' (2001) ** Alberto Romulo (2001–2004) ** Eduardo Ermita (2004–2010) ** Leandro Mendoza (2010) * National Security Adviser ** Roilo Golez (2001–2004) ** Norberto Gonzales (2004–2010) * Press Secretary ** Silvestre Afable (April - July 2002) ** Milton Alingod (2003) ** Hernani Braganza (2003–2004) ** Ignacio Bunye (2004–2008) ** Jesus Du ...
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2007 In The Philippines
7 (seven) is the natural number following 6 and preceding 8. It is the only prime number preceding a cube. As an early prime number in the series of positive integers, the number seven has symbolic associations in religion, mythology, superstition and philosophy. The seven classical planets resulted in seven being the number of days in a week. 7 is often considered lucky in Western culture and is often seen as highly symbolic. Evolution of the Arabic digit For early Brahmi numerals, 7 was written more or less in one stroke as a curve that looks like an uppercase vertically inverted (ᒉ). The western Arab peoples' main contribution was to make the longer line diagonal rather than straight, though they showed some tendencies to making the digit more rectilinear. The eastern Arab peoples developed the digit from a form that looked something like 6 to one that looked like an uppercase V. Both modern Arab forms influenced the European form, a two-stroke form consisting of a ho ...
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2008 - Philippines Holiday Economics
8 (eight) is the natural number following 7 and preceding 9. Etymology English ''eight'', from Old English '', æhta'', Proto-Germanic ''*ahto'' is a direct continuation of Proto-Indo-European '' *oḱtṓ(w)-'', and as such cognate with Greek and Latin , both of which stems are reflected by the English prefix oct(o)-, as in the ordinal adjective ''octaval'' or ''octavary'', the distributive adjective is ''octonary''. The adjective ''octuple'' (Latin ) may also be used as a noun, meaning "a set of eight items"; the diminutive ''octuplet'' is mostly used to refer to eight siblings delivered in one birth. The Semitic numeral is based on a root ''*θmn-'', whence Akkadian ''smn-'', Arabic ''ṯmn-'', Hebrew ''šmn-'' etc. The Chinese numeral, written (Mandarin: ''bā''; Cantonese: ''baat''), is from Old Chinese ''*priāt-'', ultimately from Sino-Tibetan ''b-r-gyat'' or ''b-g-ryat'' which also yielded Tibetan '' brgyat''. It has been argued that, as the cardinal num ...
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New Year's Eve
In the Gregorian calendar, New Year's Eve refers to the evening, or commonly the entire day, of the last day of the year, 31 December, also known as Old Year's Day. In many countries, New Year's Eve is celebrated with dancing, eating, drinking, and watching or lighting fireworks. Many Christians attend a watchnight service to mark the occasion. New Year's Eve celebrations generally continue into New Year's Day, January 1, 1 January, past midnight. The local time zone determines the advent of the New Year; the first places to welcome the New Year are west of the International Date Line: the Line Islands (part of Kiribati), Samoa and Tonga, in the Pacific Ocean. In contrast, American Samoa, Baker Island and Howland Island (part of the United States Minor Outlying Islands) are among the last. By region Africa Algeria In Algeria, New Year's Eve is usually celebrated with family and friends. In the largest cities, there are fireworks at midnight. The Martyrs' Memorial, Algiers, Ma ...
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Rizal Day
Rizal Day (, ; ) is a Philippine national holiday commemorating life and works of José Rizal, a national hero of the Philippines. It is celebrated every December 30, the anniversary of Rizal's 1896 execution at Bagumbayan (present-day Rizal Park) in Manila. History Rizal Day was first instituted with a decree dated December 20, 1898, signed by President Emilio Aguinaldo in Malolos, Bulacan, celebrating December 30, 1898, as a national day of mourning for Rizal and all the victims of the Spanish colonial rule of the Philippines. Daet, Camarines Norte was the first town to follow the decree, building a monument designed by Lt. Col. Antonio Sanz, led by Sanz and Lt. Col. Ildefonso Alegre, and financed by the townsfolk of Camarines Norte and the rest of the Bicol Region. Finished in February 1899, the three-tiered stone pylon inscribing Rizal's novels '' Noli Me Tangere'' and '' El Filibusterismo'', and Morga, for Antonio de Morga, author of ''Sucesos de las islas Filipinas' ...
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Christmas Day
Christmas is an annual festival commemorating the birth of Jesus Christ, observed primarily on December 25 as a religious and cultural celebration among billions of people around the world. A liturgical feast central to Christianity, Christmas preparation begins on the First Sunday of Advent and it is followed by Christmastide, which historically in the West lasts twelve days and culminates on Twelfth Night. Christmas Day is a public holiday in many countries, is observed religiously by a majority of Christians, as well as celebrated culturally by many non-Christians, and forms an integral part of the annual holiday season. The traditional Christmas narrative recounted in the New Testament, known as the Nativity of Jesus, says that Jesus was born in Bethlehem, in accordance with messianic prophecies. When Joseph and Mary arrived in the city, the inn had no room, and so they were offered a stable where the Christ Child was soon born, with angels proclaiming this ...
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Bonifacio Day
Bonifacio Day is a national holiday in the Philippines, commemorating Andrés Bonifacio, one of the country's national heroes. He was the founder and eventual ''Supremo'' of the Katipunan, a secret society that triggered the Philippine Revolution of 1896 against the Spanish Empire. It is celebrated every November 30, the birth anniversary of Bonifacio. It also coincides with the feast day of Saint Andrew the Apostle, from whom Bonifacio's given name was derived, as he was born on such day. History Since 1901, Bonifacio's birthday has been celebrated by civic organizations. By 1920, Senator Lope K. Santos filed a bill to declare November 30 a holiday. In 1921, the governor general approved the bill as Act No. 2946. The law did not name Bonifacio and added November 30 to the list of holidays listed at Act No. 2711. In time, it became a holiday to commemorate all Filipino heroes; this persisted even when a separate National Heroes' Day holiday was declared in 1931. In 1942, Novemb ...
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