The government announced additional rental waiver for tenants who are small and medium sized enterprises (SMEs), particularly those who have seen revenue drop at least 35% for the months of April and May. “The extra rental waiver is a much needed boost to tenants who have been severely affected by the extended circuit breaker, especially for retail and F&B tenants who are still unable to operate,” says Christine Li, Cushman & Wakefield head of research for Singapore and Southeast Asia.
Quoteworthy: "It cannot be taken for granted that the United States and China will manage their bilateral relations based on rational calculations of their national interests or even share a desire for win-win outcomes." –— Prime Minister Lee Hsien Loong, in an essay published on June 4 in Foreign Affairs
Some relief for landlords required to provide extra rental waivers for tenants
