MANILA, Philippines (The Adobo Chronicles, Manila Bureau ) – Proof that the economy of the Philippines is booming, thousands upon thousands of Filipinos descended upon shopping malls across the country to take advantage of a nation-wide, week-long sale!
Some malls were even reporting on stampedes in their earlier-than-usual opening hours.
Are we seeing the beginning of full recovery from the adverse economic impact of the Covid-19 pandemic in the country?
MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – The Philippines has the most number of public holidays anywhere in the world.
Filipinos are also confused about the differences among a regular, special, national, local, working and non-working holidays.
Today, President Bongbong Marcos signed an Executive Order limiting the number of public holidays to not more than one every two months or a total of 6 holidays max per year.
The E.O. also standardizes all holidays to non-working. Workers will be paid their regular day’s wages.
Malacañang said the standardization will avoid confusion over double pay, premium pay, additional percentage pay and all sorts of pay rates.
Marcos said the purpose of a holiday is to give workers a well-deserved paid day of rest, adding that a working holiday is no holiday at all.
A task force will be created to determine the 6 national holidays that will be observed. All local holidays are hereby rescinded.
MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – Two Ronalds, two economics.
Ronald Reagan is credited for his brand of economics for America. Ronald de la Rosa has his own for the Philippines. From Reaganomics to Batonomics.
During a recent Senate hearing, Senator de la Rosa proposed an impeccable solution to the country’s foreign debt problem.
He suggested that Filipinos give birth to more babies in order for the per capita debt of the Philippines to be significantly decreased.
The larger the population, the more people will share in the foreign debt, the senator said.
The Adobo Chronicles 
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