THE Bangko Sentral ng Pilipinas (BSP) rejected a provision under the Bayanihan 2 measure directing financial institutions to grant borrowers a 365-day grace period for loan payments. “While we recognize the noble intentions behind the adoption of a 365-...
THE Bangko Sentral ng Pilipinas rejected a provision under the Bayanihan 2 measure directing financial institutions to grant borrowers a 365-day grace period for loan payments.
He warned that the proposed moratorium “will significantly strain the liquidity and capital position of banks.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nearly 1,000 firms laid off workers, DOLE report saysMANILA, Philippines — Nearly a thousand business enterprises have laid off their workers in just the first nine days of August due to the economic toll exacted by the coronavirus disease (COVID-19)
Read more »
Senators eye October start of school yearCDNTopStories DepEd Undersecretary Nepomuceno Malaluan said they expected to have at least two weeks worth of modules available by Aug. 24, while the succeeding weeks will be on a rolling basis. Read more: CDNDigital
Read more »
DepEd: Over 17,000 public school classrooms available as COVID quarantine facilitiesMANILA, Philippines — More than 17,000 public school classrooms in Metro Manila can be used as isolation or quarantine facilities for coronavirus disease 2019 (COVID-19) patients,
Read more »
4 hospitals to hold Avigan testingMANILA, Philippines — The Department of Health (DOH) has selected four hospitals in Metro Manila where the Japanese antiflu drug Avigan will be tested as a possible cure for the new coronavirus
Read more »
Traders told: Don’t hike prices for face shieldsMANILA, Philippines —With the demand for face shields growing after these became mandatory for all commuters starting on Aug. 15, the Manila local government warned traders in the city not to
Read more »