1954 in the Philippines

• President: Ramon Magsaysay (Nacionalista Party)
• Vice President: Carlos P. Garcia (Nacionalista Party)
• Chief Justice: Ricardo Paras
• Congress: 3rd (starting January 25)

• 1 May–9 May – The Asian Games take place in Manila.^[1]

• July 21 – The Southeast Asia Collective Defense Treaty is signed in Manila, creating the South East Asian Treaty Organization (SEATO).
• July 24 – Blesilda Ocampo is placed Top 15 of Miss Universe 1954 at Long Beach, California, USA. She is the first Filipina finalist.

• September 2 – A timber train carrying more than 100 passengers derailed and multiple wagons fall off a bridge near Fabrica, Negros Occidental. At least 82 people were killed.

• December 15 – The Laurel-Langley Agreement is signed.

As per Act No. 2711 section 29,^[2] issued on March 10, 1917, any legal holiday of fixed date falls on Sunday, the next succeeding day shall be observed as legal holiday. Sundays are also considered legal religious holidays. Bonifacio Day was added through Philippine Legislature Act No. 2946. It was signed by then-Governor General Francis Burton Harrison in 1921.^[3] On October 28, 1931, the Act No. 3827 was approved declaring the last Sunday of August as National Heroes Day.^[4]

• January 1 – New Year's Day
• February 22 – Legal Holiday
• April 15 – Maundy Thursday
• April 16 – Good Friday
• May 1 – Labor Day
• July 4 – Philippine Republic Day
• August 13 – Legal Holiday
• August 29 – National Heroes Day
• November 25 – Thanksgiving Day
• November 30 – Bonifacio Day
• December 25 – Christmas Day
• December 30 – Rizal Day

• May 8 – The Asian Football Confederation (AFC) is formed in Manila, Philippines.