President Gloria Macapagal-Arroyo signed on December 24, 2008, Proclamation 1699 that lays out the holiday schedule for this year. The president advocates holiday economics, which switches holidays around against their intended dates, closer to the weekend so as to boost local tourism and improve family ties.

It is good practice for businesses to always plan for the holidays so that one can better maximize their profits and reduce their cost.
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The Asian Institute of Management’s Policy Center released their list of the top 25 cities in the Philippines in which to live, work and operate a business. The survey broke down the cities into metro, mid-sized and small subgroups. The survey took in 90 cities and ranked them according to:

1. Dynamism of local economy
2. Cost of doing business
3. Infrastructure
4. Human resources and training
5. Responsiveness of LGU to business needs
6. Quality of life

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