Retailers urge landlords for discounts to counter Covid-19

PETALING JAYA: Shopping malls and owners of shophouses have been urged to give their tenants rental rebates from 30% to 50% for the next six months to help them ride out the effects of the Covid-19 coronavirus outbreak.

The Malaysia Retailers Association (MRA), Malaysia Retail Chain Association (MRCA), Bumiputra Retailers Organisation (BRO), Asean Retail-Chains & Franchise Federation (ARFF) and Branding Association of Malaysia (BAM) said this is similar to what the shopping malls and landlords have done for their tenants in Hong Kong and Singapore.