Landlords in Hong Kong and mainland China are embracing new technologies with greater urgency as many are struggling with dwindling retail footfall and rents amid the coronavirus pandemic.
Social distancing rules and work-from-home regime have renewed pressure on businesses, after social unrest and the viral outbreak sent the retail sector into a free fall. Some landlords have now deployed machines to replace humans, on top of offering rent concessions to help retailers beat the slump.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!