Holiday economics disadvantageous to business, workers.

(From BusinessWorld (Philippines))

Byline: Jun P. Tagalog

CEBU CITY - A retailer said the holiday economics policy of the Arroyo administration has proven to be disadvantageous to both the business and labor sectors.

"It has no advantage. Instead it affects us adversely," said Robert Go, president of the Prince Warehouse Club chain of stores.

Mr. Go, who is also the vice-president for external affairs and relations of the Cebu Chamber of Commerce and Industry (CCCI), said businessmen end up giving holiday pay to workers who show up on the day declared as holiday by the government while some workers end up with no income at all because of …