By Shawn Lim
Singapore-based real estate giant CapitaLand has announced a $10m marketing assistance programme and the flexibility to operate shorter hours for retailers in its shopping malls.
It hopes this will help alleviate any impact from the coronavirus outbreak, which has now infected 65,213 people and claimed the lives of 1,486 people across 28 territories at the time of writing.
The number of people infected in Singapore currently stands at 58. This has seen people panic and avoid crowded places like malls, which means retail sales are expected to be weak this year, following a 2.8% fall in 2019 which was the steepest decline Read full story ›
Source: The Drum