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
May –
Anti-Graft and Corruption Awareness Month
“Corruption drains the nation
and victimizes workers who build the nation.
Accountability now!”
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
May 1 – Labor Day
May 2 – World Freedom Day
May 12 – World Communication Day
May 15 – International Day of Families
May 16 – International Day of Living
Together in Peace
May 21 – World Day for Cultural Diversity
for Dialogue and Development
Monthly Observances:
The Month of the Ocean
Anti-Graft and Corruption Awareness Month
Volunteerism Month
Weekly Observances:
Week 2: Safe Motherhood Week
Daily Observances:
May 1: Labor Day
May 7: Health Worker’s Day
May 31: National Fisherfolks Day
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