Read the following passage and answer if the question is true or false.
Passage: Independence Day (Filipino: Araw ng Kasarinlan; also known as Araw ng Kalayaan, (or ``Day of Freedom'') is an annual national holiday in the Philippines observed on June 12, commemorating the independence of the Philippines from Spain.

Question: is june 12 a holiday in the philippines?

Is the answer True or False? Respond with only "True" or "False" and no additional text.
True.