Wednesday, July 25, 2007

Holiday Economics - a new law

Yep! The practice of shifting legal holidays to the nearest Monday is now a law. Hooray for employees like me!

President Gloria Macapagal Arroyo signed Republic Act 9492, "an act rationalizing the celebration of holidays", into law yesterday.

However, not all holidays are included in this law. Exempted are religious holidays: Christmas Day (December 25), New Year’s Eve (December 31), New Year’s Day (January 1), Holy Thursday, Good Friday, Easter Sunday, Eid’l Fitre (October 13) and All Saints Day (November 1).

Click here for the whole story.

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