Definition: You will be given a passage, and your task is to generate a Yes/No question that is answerable based on the given passage.
Input: 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.

what is the significance of independence day in the philippines?