Here’s one sad, bad news for all of us: the Philippines’ inflation rate in June 2008 jumped to 11.4% — the highest ever recorded in the last 14 years.
The figure was beyond the Bangko Sentral ng Pilipinas (Central Bank of the Philippines)’s forecast range of 10.4% to 11.2%.
It was the fastest pace in 14 years since May 1994 when inflation was recorded at 11.5%.
Long 12-day holiday during Christmas 2008
Did you know that we’re having an almost 2-week long holiday this Christmas 2008?
A combination of special non-working days and the government’s policy of holiday economics — wherein specific holidays are moved to the nearest Mondays — made possible as many as 12 consecutive vacation days this December 2008.
(Pic) Dates of official Philippine holidays in 2008
From Official list of Philippine holidays in 2008
(Year 2012) List of Official Philippine Holidays – 2012, 2011, 2010
Malacanang has recently announced the list of Philippine holidays for the year 2012. Check them out here: List of 2012 Official Holidays in the Philippines
For the year 2011, here are the list of official holidays.