May 1 Labor Day- April 30 is Holiday in Philippines?

Will Tuesday, May 1, 2012, holiday be moved to April 30, Monday? Based on the list of Philippines' official public holidays this year, April 30, 2012 is a normal working as outlined in Proclamation No. 295.

In the administration of former President, Arroyo, a lot of regular and special non-working holidays were moved to either Monday or Friday in observance of Holiday Economics Law.