INCREASING the number of holidays in the Philippines would make the country less competitive than its Southeast Asian neighbors and may turn away much-needed foreign investment, a labor official said Thursday.
Labor Secretary Rosalinda Baldoz said she was opposed to legislative proposals to add up to 10 national holidays to the 18 non-working holidays already being observed in the country.
She said local non-working holidays and work stoppages caused by natural calamities were already hampering productivity and increasing costs.
The foreign chambers of commerce complained in 2010 that the many paid holidays plus the country’s high labor costs compared with the region had “adversely affected” the Philippines’ business competitiveness.
The Philippines has for years lagged other Southeast Asian countries in attracting foreign direct investment that could boost industry and jobs, partly because of widespread corruption in government.
The country attracted less than $2 billion of foreign direct investment in 2010 compared with nearly $9 billion for Malaysia, some $12 billion for Indonesia and about $39 billion for Singapore. AP
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
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