BPOs, electronics sector shells out extra $40 M for holiday pay
Saturday, November 5, 2011
THE Philippines’ electronics and business process outsourcing industries reportedly shelled out $40 million in additional labor costs after Malacanang declared October 31 and November 7 as non-working holidays.
This was pointed out by researchers of the Philippine Chamber of Commerce and Industry (PCCI), the country’s biggest business organization, saying that the country has the highest number of holidays in Asia with 21 days this year.
President Benigno Aquino III declared 16 regular holidays last year.
The BPO and electronics industries have a combined work force of one million people, according to data gathered by the PCCI.
During a non-working holiday, these industries which operate 24 hours, seven days a week, are required to shell out an additional $20 million to cover extra pay of employees who are made to work on a holiday, the PCCI said.
Even during the time of former President Gloria Macapagal-Arroyo who signed a law on rationalizing holidays, the business community had asked Malacanang to limit the number of holidays to only 16.
Last year, President Aquino made the same policy pronouncement by refusing to suspend work on a Monday following his father’s death anniversary on August 21, which falls on a Saturday.
This year, however, he declared four new special holidays.
The Palace declared October 31 as a special non-working holiday to give Filipinos ample time to visit departed relatives and friends for “Undas” while November 7 was declared a regular holiday in observance of the Eid’l Adha (Feast of Sacrifice).
Too many holidays have harmed both sectors’ abilities to compete with neighboring countries that keep fewer non-working holidays.
Vietnam, for example, only has nine a year.
Also, the practice by the government of declaring holidays on short notice has hindered corporate planning, the PCCI said.
The business chamber suggested that this early, Malacanang should come out with a list of non-working holidays for the next two years and stop the practice of declaring new ones on short notice which only increases the cost of doing business. (Virgil Lopez/Sunnex)
Source: http://www.sunstar.com.ph/manila/local-news/2011/11/05/bpos-electronics-sector-shells-out-extra-40-m-holiday-pay-188943
Tourists from Asia, America and Europe arrives in Clark Philippines looking for the best restaurant in Angeles City to wine and dine before nightlife entertainment begins; many wine and food lovers look for the best fine dining restaurant in Angeles City to relax and unwind after golf or work in Clark Philippines, others bring their families to enjoy a good dinner at the child friendly restaurant in Angeles City Pampanga.
Wine and food lovers travel north out of town from Manila towards Pampanga to wine and dine at the best restaurant in Angeles City, uncorking a few bottles of fine vintage wine from Yats Wine Cellars accompanied by juicy US steaks or an assortment of fine seafood and vegetarian dishes only available in the best restaurants in Pampanga Clark Philippines
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A best place to dine with friends in Pampanga
Are you looking for an attractive restaurant or a nice place to eat with friends in Clark, Angeles City Pampanga? Yats Restaurant and Wine Bar is a restaurant with good food and good wines for dinner located at Clark Angeles City Pampanga. Perfect for exclusive dinner venues for groups, recommended for private dinner in Philippines. A Restaurant in Clark for business dinner meeting. Private dinner place or dinner restaurant in Clark Subic Near Manila Angeles City Pampanga. Yats Restaurant is one of the Good Restaurant in Pampanga Angeles City Clark near Manila. Yats Restaurant is one of the good restaurants in Pampanga, a restaurant with good food, a place that is nice for celebration, ideal for business dinner meeting, a good place to enjoy family reunion, and an attractive restaurant that serves good wines for dinner.
Best restaurant in Pampanga Angeles City Clark Philippines serves great steaks and seafood with fine vintage wine. The wine cellars of this restaurant in Clark Pampanga offer wine lovers a wide variety of vintage wines to enjoy with the delicious food and elegant cuisine of this fine dining restaurant. These wines are not available elsewhere in the Philippines except in the outlets of Yats Restaurant in Angeles City and Clark Philippines. The combination of fine wine, good food, cozy and elegant dining ambience and excellent service makes every dinner at this frequently visited restaurant in Clark Philippines a special treat. Guests from Manila, Subic, Angeles City and Clark Pampanga enjoy dining at this popular restaurant and wine bar for a number of reasons. Some praise this top rated restaurant for its private dining rooms that offer privacy and class. Others like the cozy elegant ambience of the main dining room of this fine dining restaurant in Clark. Foodies prefer to dine at this restaurant in Clark Philippines for its classic French Mediterranean cuisine and the genuine ingredients that go into the not only the meat but also the sidings in this restaurant. Wine lovers favor this resto bar in Pampanga because it is the best restaurant in Manila and Pampanga with an large wine list that offers many selections of fine vintage wines at good prices. Event organizers frequently choose this restaurant in Clark for corporate meetings, anniversaries, awarding ceremonies, small wedding receptions, private parties and all sorts of other functions and events. Many visitors to Angeles City and Clark Pampanga regard Yats Restaurant as a one-stop all-purpose business center complete with fine dining, wine lounge and meeting facilities, a very convenient venue for business executives staying in Angeles City, Pampanga and Clark Philippines.
For comments, inquiries and reservations click on Click here for inquiry and reservations
Restaurant@Yats-International.com
(045) 599-5600
0922-870-5178
0917-520-4401
Ask for Errol and Anafe
Getting to this fine dining restaurant of Angeles City Clark Freeport Zone Pampanga Philippines
How to get to this fine-dining restaurant in Clark Philippines? Once you get to Clark Freeport, go straight until you hit Mimosa. After you enter Mimosa, stay on the left on Mimosa Drive, go past the Holiday Inn and Yats Restaurant (green top, independent 1-storey structure) is on your left. Just past the Yats Restaurant is the London Pub.
Yats Restaurant & Wine Bar
Mimosa Drive past Holiday Inn, Mimosa Leisure Estate,
Clark Freeport Zone, Pampanga, Philippines 2023
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay
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For assistance in hotel and resort bookings in Clark, Pampanga, Philippines, log on to
http://www.HotelClarkPhilippines.com
To buy wine in Manila, Pampanga, Angeles City, Clark or Subic please log on to http://www. ClarkWineCenter.com
To inquire with the highly recommended beach resort hotel in Clark Pampanga visit http://www.ClearwaterPhililippines.com
For more information about Clark, Pampanga, Philippines log on to
http://www.ClarkPhilippines.com
Trailer 10
Best steaks in Pampanga can be enjoyed at the best restaurant in Angeles City Clark Philippines, Yats Restaurant offers an award winning wine list with over 2000 selections of fine vintage wine for wine lovers to enjoy with their juicy US steaks and wagyu tenderloin, quite a treat for meat lovers looking for a good restaurant outside of Manila to eat good steaks with fine red wine.
Regular guests of the best restaurant in Angeles City Pampanga requests for popular seafood dishes this summer, gourmet items like barracuda, Atlantic Mackerel and Sea bass that wine and food lovers are accustomed at the fine dining restaurants in Manila, Subic and Clark Philippines; many order a bottle of fine vintage wine from the wine cellars of Yats Restaurant, the best restaurant in Clark Philippines.
Looking for a party venue in town?
Clearwater Resort and Country Club is one of the ideal venues for birthday party because it is a risk free venue. Not only Birthday Parties but also a good place to enjoy family reunion. A good place to celebrate special occasions. Clearwater Resort and Country Club is one of the resorts in Subic Clark Angeles City Pampanga or near Manila with activity amenities, place that are nice for celebration. It is one of North Luzon Philippines’ top hotels that is trouble free, risk free, and a nice place to have rest in Subic. A well-recognized and interesting hotel.
Yats Restaurant is the best restaurant for special dinner, best restaurant for dinner with friends near Manila, also the best place to celebrate special events.
Famous Restaurant in Pampanga, a place to dine with friends in Clark, cozy restaurant with a nice ambience, a nice function place for special occassions
Are you looking for an attractive restaurant or a nice place to eat with friends in Clark, Angeles City Pampanga? Yats Restaurant and Wine Bar is a restaurant with good food and good wines for dinner located at Clark Angeles City Pampanga. Perfect for exclusive dinner venues for groups, recommended for private dinner in Philippines. A Restaurant in Clark for business dinner meeting. Private dinner place or dinner restaurant in Clark Subic Near Manila Angeles City Pampanga. Yats Restaurant is one of the Good Restaurant in Pampanga Angeles City Clark near Manila. Yats Restaurant is one of the good restaurants in Pampanga, a restaurant with good food, a place that is nice for celebration, ideal for business dinner meeting, a good place to enjoy family reunion, and an attractive restaurant that serves good wines for dinner.
The carefully designed regional dinner menus released by fine dining Yats Restaurant in Pampanga bring food and wine lovers to culinary centers around the world without ever having to leave the country. For each culinary region such as France, Italy and American, classic recipes invented and perfected in each of those culinary regions are adopted here in the best restaurant in Pampanga. The result is a fine regional dinner that wine lovers can enjoy with the finest of vintage wines from that same region. This gives wine and food lovers an extra reason to travel out of town from Manila on a short getaway to the North to visit Angeles City, Clark Philippines and dine at the best restaurant in Clark Philippines. Many wine lovers also take this opportunity to shop at Clark Wine Center, the best wine shop in Pampanga, and bring back a few bottles of fine vintage wines to Manila.
For comments, inquiries and reservations click on Click here for inquiry and reservations
Restaurant@Yats-International.com
(045) 599-5600
0922-870-5178
0917-520-4401
Ask for Errol and Anafe
Getting to this fine dining restaurant of Angeles City Clark Freeport Zone Pampanga Philippines
How to get to this fine-dining restaurant in Clark Philippines? Once you get to Clark Freeport, go straight until you hit Mimosa. After you enter Mimosa, stay on the left on Mimosa Drive, go past the Holiday Inn and Yats Restaurant (green top, independent 1-storey structure) is on your left. Just past the Yats Restaurant is the London Pub.
Yats Restaurant & Wine Bar
Mimosa Drive past Holiday Inn, Mimosa Leisure Estate,
Clark Freeport Zone, Pampanga, Philippines 2023
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay
For any assistance in planning and organizing a wedding ceremony, indoor or outdoor garden reception or to find other wedding service providers, Click here to contact us click here
For assistance in hotel and resort bookings in Clark, Pampanga, Philippines, log on to
http://www.HotelClarkPhilippines.com
To buy wine in Manila, Pampanga, Angeles City, Clark or Subic please log on to http://www. ClarkWineCenter.com
To inquire with the highly recommended beach resort hotel in Clark Pampanga visit http://www.ClearwaterPhililippines.com
For more information about Clark, Pampanga, Philippines log on to
http://www.ClarkPhilippines.com
