No mandatory grace period for payment of loans during ECQ period from Aug 6-20

The Securities and Exchange Commission (SEC) clarified on Wednesday that no mandatory grace period will be granted for the payment of loans and/or interest falling due within the recently announced Enhanced Community Quarantine (ECQ) period, which is from August 6-20, 2021.

Metro Manila, 4 provinces under ECQ

The Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF) has placed Metro Manila and four provinces — Cavite, Bulacan, Rizal, and Laguna–in one-week enhanced community quarantine (ECQ).