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On July 4, 1946, the Philippines was officially declared independent, and inaugurated Manuel Roxas as the first president of the (3rd) Republic of the Philippines. When the date of Independence Day was changed from 4th July to 12th June by President Diosdado Macapagal, he created Filipino-American Friendship Day to maintain the diplomatic and bilateral relationship of the Philippines to United States.
It was celebrated from 1963 until President Corazon Aquino issued a Presidential proclamation removing Filipino-American Friendship Day from the list of regular holidays. This was related to the fact that the United States harboured former Philippines president Marcos after he was deposed.
In 1996, President Fidel Ramos included a 4th July ceremony among an ongoing series of events marking the centennial of Philippine independence from Spain, in recognition of the 50th anniversary of the event.
In the Philippines the day is not a public holiday, but it is celebrated by some, especially those who link it to the American efforts to liberate the archipelago from Japanese occupation.
If you're looking for a way to commemorate this event, you might be interested in this article: Commemorations with Cross Stitch
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