Aug. 23 declared regular working day

[_Qwerty_]

^^ i agree.. masyado nang maraming holidays.. tama nga ginawa ni P-Noy..

[foresterx]

buti naman! smart move for noynoy, for us business owners million ang lugi namin in one day of no work. sayang ang production and sales namin pag walang pasok bigla. and i'm sure the same goes for our customers, it's a chain reaction anyway. this is good for our economy, i hope employers understand the reason for this. kahit kami mga business owners gusto namin ng bakasyon but the loss isn't worth a day or 2 of bakasyon.

[foresterx]

Di kasi makuha nang ibang tao ang economic holidays . This kind of declaration will be very helpful for our economy, why??? Pag long weekend kasi tendency of the people is to go out of town, pumunta nang mga malls (in which tinataon nang mga malls magkaroon nang mga weekend sale) or just go to parks and other recreational places that will spend their time with their families or love ones. Dahil sa ganitong mga bagay gagastos ang mga tao and lalabas ang pera from the consumer to the products and services that they acquired. This means iikot ang pera that will make the wheel of the economy to move.

Ganito ang ginagawa nang ibang progressive countries to let their people spend money para umikot ang pera sa economy. Like Singapore they have this Great Singapore Sale that even mga foreigner or expats pumupunta talaga nang Singapore to have this, di ko lang sure how long itong sale na ito I believe month long sale ito. Kaya yon progresibo ang Singapore

Sana maisip ito nang mga taga-Malacanang, masyado kasing masentimyento ang mga Pinoy (sorry po pero totoo po ito) about the exact date dapat commemorate ang mga holidays eh (except siyempre sa christmas, new year, and other important dates).

Sayang talaga...

di din bro, if you really think about it, it only does little good to none on our economy. think about it carefully ha, pano na yung mga employee's na no work no pay? madami employee's ang no work no pay dito sa philippines. also bigyan kita ng sample, yung mga public transportation natin pag holidays. pansin mo ba pag sunday diba mas konti ang sumasakay sa mga PUV's, lalo na pag long week ends, halos wala ng bus sa edsa at jeep sa side streets, MRT/LRT tingnan mo halos wala din. another toll road, depende din sa klase ng holiday yan kumikita lang ng malaki pag long holidays, pag regular holiday lugi din sila. dumadami ang bus sa nlex/slex pero konti naman ang private vehicles since mas madami ang pumapasok kesa nag babakasyon and walang mga delivery trucks. see sa PUV's pa lang laki na ng lugi syempre damay na din don ang mga gas station since chain reaction yan. sa mga malls naman, if you look at it gano kadami lang ba ang nag sho-shopping talaga? karamihan naman ng pumupunta don nag papalamig lang, i see more people shopping on pay day than on a holiday. restaurant/fastfood chain naman yes yung malalapit sa mga malls or tourist spot kumikita, pero mas madami naman ang mga restaurant/fastfood na malapit sa business center, schools, hospital diba? pag nag out of town naman, karamihan nag stay sa mga kamag anak sa probinsya so how does that help our economy? yung iba mag stay sa cheap hotel, pero how much do those cheap hotels pay for tax? probably 1/4 lang sa binabayad ng mga private owned business unless you stay at expensive hotels. yung iba naman mag rent lang ng bahay, owned by a private individual so wala din tulong sa economy natin yan. guess what di lahat ng employee's nag babakasyon pag holiday, karamihan mag stay lang sa bahay dahil wala din pera or mag pahinga na lang kesa lumabas. this is regarding the regular holidays lang ha, kasi pag holy week or xmas holidays naman ok lang wala naman problem don.

[anne81695]

hay naku eto na naman tayo...actually di na dapat pinagtatalunan pa kung may positive or negative effect yung holiday sa economy... a holiday's purpose is to allow families to commemorate that event. Also it it is intended as a period of rest time for them to bond with their respective families. if it falls on a weekend, you take away that very essence... this is why RA 9492 was passed in the first place.

does it disrupt business? sure it does, all holidays DO... is it beneficial to business yes and no but we have to live with it because we're humans and we need to think that life is beyond the four corners of the office... we also need to spend quality time with our kids and spouses.

To put things in perspective, in a year there is approximately 8760 hours. There is about 240 working calendar days in a year. Lets say we spend 30 days worth of VLs and Holidays in a year. That gives us 210 working days or 1680 productive hours.
Add 3 hours average of commute daily to and from the office, that is another 630 hours. All in all we spend approximately 2310++ hours trying to make a living.

As humans that we are, we need sleep all year round and that is a good 2920 hours.

Attending to our personal needs (eating lunch and dinner, taking a bath, preparing to go to work say for example that's another 4 hours daily) 1460...

The amount of time left to do quality time with our families is a good 1350 hours, if you factor in the VL and Holidays that translates to a very balanced 2070 hours vs 2300 hours you spend working.

Now that is a BIG IF. IF you work exactly 8 hours daily.... From studies by DOLE the average Filipino employee works around 10 hours daily. Paid or unpaid, it still takes away time from your family.

Say for example your represent this average and that the demand of your job calls for 10 hour work day (they call this OTY... Oh Thank You). Your time available to spend with your family drops to a whopping 930 hours.

You can imagine how important holidays are to us mere workers... This levels the playing field when we cant simply turn our backs on our employers because there are mission critical jobs left for us to do that warrants us to extend working hours...

Can you imagine if your a mother of 3? Nakakaloka noh! How am I supposed to budget a measely 930 hours to help my kids in their respective assignments, handle PTA meetings, attend ball games etc etc. idagdag mo pa pag nagyaya si mister mo.. san ka pa?

So to those against moving holidays, try being a mother first okay?

[vito corleone]

holiday economics can work for singapore because a lot of people can afford to spend money for vacations and the commercial and financial nature of its major industries

however, in the philippines, a lot of people work in the agricultural and manufacturing sectors where they are paid on a daily basis which is not even enough for a decent daily living. . .a lot of people would rather report to work if given a choice. . .not to mention the effect of a stop operation on manufacturing businessmen

the holiday economics policy favors me, being a monthly-paid worker, but I do not favor it because it is not for the good of the general filipino workers/families

when most of the filipino families have extra money to spend on vacations, let's apply it here in the philippines

just my 2 cents

[tidus1203]

I also don't favor this being a businessman. But what the hell, nandyan na eh...

[fourtheboys96]

Di kasi makuha nang ibang tao ang economic holidays . This kind of declaration will be very helpful for our economy, why??? Pag long weekend kasi tendency of the people is to go out of town, pumunta nang mga malls (in which tinataon nang mga malls magkaroon nang mga weekend sale) or just go to parks and other recreational places that will spend their time with their families or love ones. Dahil sa ganitong mga bagay gagastos ang mga tao and lalabas ang pera from the consumer to the products and services that they acquired. This means iikot ang pera that will make the wheel of the economy to move.

Ganito ang ginagawa nang ibang progressive countries to let their people spend money para umikot ang pera sa economy. Like Singapore they have this Great Singapore Sale that even mga foreigner or expats pumupunta talaga nang Singapore to have this, di ko lang sure how long itong sale na ito I believe month long sale ito. Kaya yon progresibo ang Singapore

Sana maisip ito nang mga taga-Malacanang, masyado kasing masentimyento ang mga Pinoy (sorry po pero totoo po ito) about the exact date dapat commemorate ang mga holidays eh (except siyempre sa christmas, new year, and other important dates).

Sayang talaga...

good explanation. I wonder if an economist president actually understands the rationale for the holiday economics. Or is his grasp of economics is too narrow that he sees one sector of the economy which is the manufacturing and the likes and ignores others such as the tourism and other consumer-based industries?

[wave105]

di din bro, if you really think about it, it only does little good to none on our economy. think about it carefully ha, pano na yung mga employee's na no work no pay? madami employee's ang no work no pay dito sa philippines. also bigyan kita ng sample, yung mga public transportation natin pag holidays. pansin mo ba pag sunday diba mas konti ang sumasakay sa mga PUV's, lalo na pag long week ends, halos wala ng bus sa edsa at jeep sa side streets, MRT/LRT tingnan mo halos wala din. another toll road, depende din sa klase ng holiday yan kumikita lang ng malaki pag long holidays, pag regular holiday lugi din sila. dumadami ang bus sa nlex/slex pero konti naman ang private vehicles since mas madami ang pumapasok kesa nag babakasyon and walang mga delivery trucks. see sa PUV's pa lang laki na ng lugi syempre damay na din don ang mga gas station since chain reaction yan. sa mga malls naman, if you look at it gano kadami lang ba ang nag sho-shopping talaga? karamihan naman ng pumupunta don nag papalamig lang, i see more people shopping on pay day than on a holiday. restaurant/fastfood chain naman yes yung malalapit sa mga malls or tourist spot kumikita, pero mas madami naman ang mga restaurant/fastfood na malapit sa business center, schools, hospital diba? pag nag out of town naman, karamihan nag stay sa mga kamag anak sa probinsya so how does that help our economy? yung iba mag stay sa cheap hotel, pero how much do those cheap hotels pay for tax? probably 1/4 lang sa binabayad ng mga private owned business unless you stay at expensive hotels. yung iba naman mag rent lang ng bahay, owned by a private individual so wala din tulong sa economy natin yan. guess what di lahat ng employee's nag babakasyon pag holiday, karamihan mag stay lang sa bahay dahil wala din pera or mag pahinga na lang kesa lumabas. this is regarding the regular holidays lang ha, kasi pag holy week or xmas holidays naman ok lang wala naman problem don.

Actually po may mga pros and cons talaga, its just how it will be weighed. Pag economic holiday po kasi according din sa nabasa ko ito po yung link niya http://chinabusinessphilippines.com/...omla&Itemid=75, tama po kayo, may ibang sectors that will be affected by this like yung mga nabanggit niyo po (manufacturing, productions etc), but there will also be sectors that will benefit from this like yung mga seasonal establishments (mostly yung mga mahilig out of town and leisure etc). Yes there will be sharp rise and some will be so so; but lets just look the big picture as economy kasi po pag tiningnan natin siya nang sector base we will see the flaws, but as a whole economy it will temporarily raise revenues but it will not produce sustainable gains (according to the article). So it means po na it will have its rise but not pang-matagalan po to sustain.

Actually po just my 2cents po kahit anon pong gawin natin, even magpalamig lang po sila sa malls, or stay lang po tayo sa bahay or magstay po tayo sa kamag-anak natin sa malayong province we will still consume resources, and this resources have their equivalent cost so lalabas pa din po yung pera sa tao. I believe po kahit ano man po ang gawin natin stay or not to stay we will still directly or indirectly consume resources na may katumbas pong pera that will drive the economy to move. Opinion ko lang po siya.

[boybi]

hay naku eto na naman tayo...actually di na dapat pinagtatalunan pa kung may positive or negative effect yung holiday sa economy... a holiday's purpose is to allow families to commemorate that event. Also it it is intended as a period of rest time for them to bond with their respective families. if it falls on a weekend, you take away that very essence... this is why RA 9492 was passed in the first place.

does it disrupt business? sure it does, all holidays DO... is it beneficial to business yes and no but we have to live with it because we're humans and we need to think that life is beyond the four corners of the office... we also need to spend quality time with our kids and spouses.

To put things in perspective, in a year there is approximately 8760 hours. There is about 240 working calendar days in a year. Lets say we spend 30 days worth of VLs and Holidays in a year. That gives us 210 working days or 1680 productive hours.
Add 3 hours average of commute daily to and from the office, that is another 630 hours. All in all we spend approximately 2310++ hours trying to make a living.

As humans that we are, we need sleep all year round and that is a good 2920 hours.

Attending to our personal needs (eating lunch and dinner, taking a bath, preparing to go to work say for example that's another 4 hours daily) 1460...

The amount of time left to do quality time with our families is a good 1350 hours, if you factor in the VL and Holidays that translates to a very balanced 2070 hours vs 2300 hours you spend working.

Now that is a BIG IF. IF you work exactly 8 hours daily.... From studies by DOLE the average Filipino employee works around 10 hours daily. Paid or unpaid, it still takes away time from your family.

Say for example your represent this average and that the demand of your job calls for 10 hour work day (they call this OTY... Oh Thank You). Your time available to spend with your family drops to a whopping 930 hours.

You can imagine how important holidays are to us mere workers... This levels the playing field when we cant simply turn our backs on our employers because there are mission critical jobs left for us to do that warrants us to extend working hours...

Can you imagine if your a mother of 3? Nakakaloka noh! How am I supposed to budget a measely 930 hours to help my kids in their respective assignments, handle PTA meetings, attend ball games etc etc. idagdag mo pa pag nagyaya si mister mo.. san ka pa?

So to those against moving holidays, try being a mother first okay?

What about those employees that are paid on a daily basis? No work = no pay. No pay, no food for the dining table. Sana mabusog sila sa family bonding nila.

[wave105]

good explanation. I wonder if an economist president actually understands the rationale for the holiday economics. Or is his grasp of economics is too narrow that he sees one sector of the economy which is the manufacturing and the likes and ignores others such as the tourism and other consumer-based industries?

Actually po yan po yung point ko po, there will be sectors that will be affected like manufacturing and productions alike kasi halt yung production nila which is very vital to their businesses. But if we will look at it as a big picture as a whole economy (manufacturing, production, services, consumer base etc, etc) it will have its sharp rise especially other sectors like consumer base and leisure establishments, but not sustainable for long term kasi isang long weekend lang naman po.

But still I will take that 1 big sharp rise in the economy due to the contribution of other sectors. May mga ilang nasa manufacturing and production actually may indirect benefit sa kanila, kasi po yung mga goods that they manufactured will be bought (by money) by the consumers and the manufacturers needs to replenish this consumed products. Just my 2cents po.