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× DTI imposes 30-day grace period for residential, commercial rent payment

MANILA, Philippines --- The Department of Trade and Industry (DTI) will impose a month-long moratorium on residential and commercial rent payment for small businesses in light of the coronavirus disease 2019 (COVID-19) crisis.

In a memorandum dated April 4, the DTI said the 30-day grace period would be counted from the last due date that falls within the enhanced community quarantine (ECQ) of Luzon…

Read also: DTI gives home, small business owners 30-day reprieve on rent to survive