Ayala allocates P2.4B for COVID-affected workforce
The Ayala group has allocated P2.4 billion to support its workforce and partner employers affected by the coronavirus pandemic.
The package includes wages, bonuses, leave conversions, and loan deferments primarily for extended workforces of partner-employers during the quarantine period.
Ayala Malls will waive rental fees worth around P1.4 billion for businesses unable to operate due to Luzon's enhanced community quarantine.
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