New Year's Day, locally known as Bagong Taon is a public holiday in the Philippines. The Filipino people celebrate this festive occasion with loved ones or in large gatherings. Firecrackers and loud noises, good food and family gatherings, New Year’s resolutions, and greeting cards are all a part of the celebration in the Philippines to welcome the New Year’s day.

In the Philippines, there are only two kinds of holidays: regular holidays, and special non-working holidays.

Regular holidays, are those that usually have a fixed date, such as New Year's Day, Independence Day, and Christmas Day.

Special Holidays, on the other hand, are more flexible. Apart from being enacted by Congress, they can also be declared by the President of the Philippines.