Government, banks offer more relief to cash-strapped landlords

Singapore

THE government may be mandating that commercial landlords help their tenants, but it will also assist landlords who face cash flow constraints as a result of providing relief to their tenants.

The Ministry of Finance (MOF), the Monetary Authority of Singapore (MAS) and a number of government agencies on Wednesday announced a package of measures to help such landlords with their existing loan commitments to ease their cash flow needs.