Retail grouping seeks landlords' help for tenants hit by virus outbreak
Singapore
THE Singapore Retailers Association (SRA) is calling on landlords to support their retail tenants in this difficult time, through measures such as rent waivers, rent rebates, and allowing shorter hours of operation.
"A lot of retailers are feeling the pinch and they cannot take it," SRA president R Dhinakaran told The Business Times. Several SRA members have already said that they are unable to pay rent due to the fall in sales.
TRENDING NOW
8 public officers referred to police over property buys near unannounced MRT stations: Chan Chun Sing
DBS tops trades in smaller board lots on debut of revised SGX framework
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
Retrenched PMETs who return on lower pay see median 25% wage cut