(Eagle News) – The Department of Trade and Industry (DTI) has issued a memorandum circular granting a 30-day grace period for residential and commercial rent during the enhanced community quarantine (ECQ). Under Memorandum Circular 20-12, the 30-day grace period is determined to be “the 30 calendar days following the last due date of the rent which fell due within the ECQ.” The rents covered by the grace period will be amortized in equal amounts and […]