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Declaration of Chinese New Year as a holiday, a boon to PH’s economy, tourism
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Declaration of Chinese New Year as a holiday, a boon to PH’s economy, tourism

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The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) led by its president Dr. Cecilio K. Pedro, extends its profound gratitude to President Ferdinand “Bongbong” R. Marcos Jr. for the issuance of Proclamation No. 453, declaring Jan. 9, 2024, Friday, as a special non-working holiday, marking the eve of the Chinese Lunar New Year.

This strategic move carries multifaceted benefits for the Philippines, encompassing economic, diplomatic, tourism, and cultural dimensions.

The FFCCCII recognizes the potential positive economic impact of this decision as it opens avenues to attract Chinese and Asian tourists to the country, capitalizing on China and East Asia’s robust tourism markets. This aligns with the national interest of promoting the Philippines as a prime tourist destination.

Diplomatically, this gesture serves as a tangible expression of goodwill towards our traditional ally and largest trading partner, China.

It reaffirms the enduring friendship between the Philippines and the Chinese nation, rooted in a history spanning over a millennium.

The declaration also resonates positively with other Asian nations like Korea, Vietnam, Singapore and others, which also celebrate this festival as their most important holiday, thus fostering regional harmony and cooperation.

Tourism, a crucial sector and with vast potentials for economic growth, stands to gain significantly. By positioning the Philippines as a destination for celebrating the Chinese Lunar New Year, the country can become a preferred choice for Chinese and Asian tourists, thereby contributing to increased tourist arrivals, job creation, investments promotions, and economic prosperity.

Moreover, this recognition of the Chinese Lunar New Year as an official national holiday symbolizes the Philippines’ commitment to cultural diversity.

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By celebrating and acknowledging the importance of this festival for the Filipino Chinese community, it signifies the acceptance of our cultural heritage, further enriching the Filipino nation’s multicultural fabric and democracy.

In conclusion, the FFCCCII commends President Marcos Jr. for his foresight in declaring this special non-working holiday.

This visionary move not only enhances economic prospects but also strengthens diplomatic ties, the country’s international reputation, promotes tourism, and fosters cultural inclusivity.

As we embark on this auspicious occasion and welcome the auspicious Year of the Dragon, the FFCCCII looks forward to a shared celebration of the Chinese Lunar New Year, fostering unity, friendship, and prosperity for all.


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