MANILA, Philippines—The country's key shelter agencies have agreed to go easy on collecting debt payments involving borrowings in areas ravaged by the recent flooding in Luzon even as more corporations engage in philanthropy targeting calamity victims. Home Guaranty Corp. (HGC), Home Development Mutual Fund (HDMF) or Pag-IBIG and the National Housing Authority (NHA) all agreed to offer a moratorium of at least three months on installment payments. More corporations have also embarked on disaster response initiatives to help affected families. Local fastfood giant Jollibee Foods Corp. (JFC) is donating P2 million, which will be turned over by...
Keep on reading: Gov't shelter agencies go easy on flood victims
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