Is today a public holiday in the Philippines?
Upcoming Holidays & Bank Closures in Philippines
Approaching central clearing pauses and statutory non-working days under Republic Act No. 9492 & Philippine Labor Code (P.D. 442).
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Payment rails, trading hours, and financial holiday calendars.
How Public Holidays Work in the Philippines
Holiday compensation and observance in the Philippines are codified under Articles 93 and 94 of the Labor Code (Presidential Decree No. 442) and implemented via annual Presidential Proclamations issued by Malacañang. Philippine law creates a strict distinction between Regular Holidays and Special Non-Working Days.
Regular Holidays (200% Pay)
Includes New Year's Day, Maundy Thursday, Good Friday, Araw ng Kagitingan, Independence Day, National Heroes Day, Bonifacio Day, Christmas, and Rizal Day. If unworked, employees receive 100% of their daily wage. If worked, they receive 200% of their regular basic wage for the first eight hours.
Special Non-Working Days (130%)
Includes Chinese New Year, Ninoy Aquino Day, All Saints' Day, and Feast of the Immaculate Conception. The general rule is "no work, no pay" unless favorable company policy applies. If worked, employees receive a 30% premium (130% total daily wage), rising to 150% if the day falls on their scheduled rest day.
BSP PhilPaSSplus & InstaPay
The Bangko Sentral ng Pilipinas (BSP) halts interbank settlements via PhilPaSSplus and check clearing (PCHC) on regular and special non-working days. The Philippine Stock Exchange (PSE) suspends trading. Consumer transfers through InstaPay run 24/7, while PESONet batches process on the following banking business day.
What Can Change During the Year?
Islamic Holidays & Local Proclamations: National proclamations for Eid'l Fitr and Eid'l Adha are issued only after the National Commission on Muslim Filipinos (NCMF) confirms lunar sightings. Local city charters also declare ad-hoc special non-working days (e.g., Quezon City Day or Manila Day) that apply exclusively within municipal borders.
Official Primary Sources
Last verified: September 2026Labor Code PD 442, PhilPaSSplus Rails & Holiday Pay Rules
In the Republic of the Philippines, public holidays are established annually by Presidential Proclamation pursuant to Article 94 of the Labor Code of the Philippines (Presidential Decree No. 442) and Republic Act No. 9492. Administered by the Department of Labor and Employment (DOLE), Philippine labor law divides holidays into two distinct legal categories: Regular Holidays and Special (Non-Working) Days.
Regular Holidays vs. Special Non-Working Days Pay Formulas
Under DOLE statutory wage orders, employee compensation varies significantly based on holiday classification:
- Regular Holidays (Compulsory Paid Rest): If unworked, the employee receives 100% of their daily wage. If worked, the employee is entitled to 200% of their regular daily rate (double pay) for the first 8 hours. If the holiday coincides with their scheduled rest day and is worked, the employee receives 260%.
- Special (Non-Working) Days: Governed by the 'no work, no pay' principle. If unworked, the employee receives no compensation unless company policy or collective bargaining dictates otherwise. If worked, the employee receives a 30% premium above their basic daily wage (130% total) for the first 8 hours (or 150% if it coincides with their scheduled rest day).
Plan holiday vacation leaves around Philippine regular and special days with our 2026 PTO Maximizer.
Holiday Economics & Weekend Shifting
Under Republic Act No. 9492 (the Holiday Economics law), the President of the Philippines has statutory authority to shift mid-week holidays to the nearest Monday to create long weekends. However, religious holidays (such as Eid al-Fitr, Eid al-Adha, and Maundy Thursday / Good Friday) remain anchored to their traditional dates.
Banking Clearing Rails: BSP PhilPaSSplus vs. InstaPay 24/7
Wholesale interbank financial settlement is supervised by the Bangko Sentral ng Pilipinas (BSP) via the PhilPaSSplus real-time gross settlement network:
- Wholesale Rails (PhilPaSSplus & PESONet): PhilPaSSplus and batch electronic transfers via PESONet pause on Regular Holidays and Special Non-Working Days. Check clearing halts until the next banking business day. Calculate payment delivery dates using our Working Days Calculator.
- Instant Retail Payments (InstaPay): Functions 24/7/365. Real-time account-to-account mobile transfers and e-wallet transactions (GCash, Maya) up to PHP 50,000 clear instantly on all public holidays.
Philippine Stock Exchange (PSE Market Schedule)
The Philippine Stock Exchange (PSE) suspends equity trading on all declared Regular Holidays and Special Non-Working Days, resuming regular sessions at 09:30 AM PHT on the next operational business day.
Philippines Payment Rails, Exchange Cutoffs & Statutory Pay Matrix (2026–2027)
When a statutory public holiday or in-lieu bank holiday occurs in Philippines, commercial banking counters, central bank real-time gross settlement (RTGS) rails, and retail instant payment systems follow distinct operational rules:
| Operational System / Mandate | Philippines Statutory Rule & Holiday Settlement Schedule |
|---|---|
| Wholesale RTGS & Wire Settlement | Bangko Sentral ng Pilipinas PhilPaSSplus (Closed on Regular Holidays, Special Non-Working Days, and Dec 31) |
| Batch ACH, Payroll & Check Clearing | PESONet Batch Electronic Fund Transfer & PCHC Check Clearing (Paused on BSP non-clearing holidays) |
| 24/7 Instant Retail Payment Rail | InstaPay Real-Time Electronic Transfer (Operates 24/7/365 up to PHP 50,000 per transaction) |
| Securities Exchange (Philippine Stock Exchange (PSE)) | Philippine Stock Exchange (PSE) closes on all Regular and Special Non-Working Days proclaimed by Malacañang |
| Statutory Holiday Premium Pay | 200% double pay on Regular Holidays (Art. 94 Labor Code); 130% rate ('no work, no pay' unless favorable policy) on Special Non-Working Days |
| Minimum Paid Annual Leave | Minimum 5 days Service Incentive Leave (SIL) under Labor Code Art. 95 (10–15 days vacation + sick leave in corporate practice) |
Key 2026 vs. 2027 Holiday Date Shifts & Bridge-Day Planning in Philippines
Because fixed calendar holidays shift one weekday forward between 2026 and 2027 (and movable lunar or liturgical holidays shift by 10 to 15 days), HR teams, payroll processors, and employees in Philippines should account for the following 2026–2027 date comparisons and leave-bridge opportunities:
| Holiday Observance | 2026 Date | 2027 Date | Legal Scope | 2026 Leave & Bridge Impact |
|---|---|---|---|---|
| New Year's Day | 2026-01-01 (Thu) | 2027-01-01 (Fri) | Regular Holiday (200% Pay) | Book Friday off for a 4-day bridge break (1 PTO day) |
| Special Non-Working Day | 2026-01-02 (Fri) | 2027-02-06 (Sat) | Special Non-Working (130% Pay) | Natural 3-day long weekend (0 PTO days needed) |
| Chinese New Year | 2026-02-17 (Tue) | 2027-02-06 (Sat) | Special Non-Working (130% Pay) | Book Monday off for a 4-day bridge break (1 PTO day) |
| EDSA People Power Revolution Anniversary | 2026-02-25 (Wed) | 2027-02-25 (Thu) | Special Working Day | Standard midweek observance |
| Eid al-Fitr | 2026-03-20 (Fri) | 2027-03-25 (Thu) | Regular Holiday (200% Pay) | Natural 3-day long weekend (0 PTO days needed) |
| Maundy Thursday | 2026-04-02 (Thu) | 2027-03-25 (Thu) | Regular Holiday (200% Pay) | Book Friday off for a 4-day bridge break (1 PTO day) |
Frequently Asked Questions: Philippines Public Holidays
What is the difference between a Regular Holiday and a Special Non-Working Day in the Philippines?
Regular Holidays are fully paid even if unworked, and pay 200% if worked. Special Non-Working Days follow the 'no work, no pay' principle if unworked, and pay an additional 30% premium (130% total) if worked.
How is pay calculated if an employee works on a Regular Holiday that falls on their rest day?
Under DOLE regulations, an employee who works on a Regular Holiday that coincides with their scheduled rest day is entitled to an additional 30% premium on top of double pay, totaling 260% of their regular daily rate.
Do unworked Special Non-Working Days have to be paid in the Philippines?
No. Under statutory DOLE rules, the 'no work, no pay' rule applies to Special Non-Working Days unless an applicable company policy, contract, or collective bargaining agreement (CBA) provides otherwise.
Do InstaPay and mobile wallets work during Philippine public holidays?
Yes. InstaPay and mobile wallet platforms (GCash, Maya) operate 24 hours a day, 365 days a year, processing instant funds transfers up to PHP 50,000 without holiday delays.
Is the Philippine Stock Exchange closed on Special Non-Working Days?
Yes. The Philippine Stock Exchange halts all securities trading on both Regular Holidays and Special Non-Working Days decreed by presidential proclamation.
How do instant retail payments vs. interbank wire transfers work on public holidays in Philippines?
In Philippines, wholesale interbank settlement and batch clearing (Bangko Sentral ng Pilipinas PhilPaSSplus and PESONet Batch Electronic Fund Transfer & PCHC Check Clearing) pause on official weekday bank holidays, meaning standard payroll files, checks, and high-value wires settle on the next business day (T+1). However, domestic real-time retail payment rails (InstaPay Real-Time Electronic Transfer) continue operating 24/7/365.
How many total public holidays and working days does Philippines have in 2026 and 2027?
Our verified Philippines calendar tracks 22 scheduled holiday and observance entries in 2026 and 21 entries in 2027 under Republic Act No. 9492 & Philippine Labor Code (P.D. 442). Use the interactive Working Days Calculator above on this page to compute exact net business days between any two dates in Philippines for 2026 or 2027.
Planning Retail or BPO Shift Schedules in the Philippines? Review commercial mall opening patterns with our What Stays Open Guide, or calculate exact working day turnarounds using the Working Days Calculator.
Philippines 2026–2027 Public Holiday Calendar
Official public holidays, weekday labels, and banking observances under Republic Act No. 9492 & Philippine Labor Code (P.D. 442)
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