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Progressive tightening makes things worse: Retailer group

Confuseous

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Lockdown may be better than current 'zombie' situation: SGTUFF​

RETAIL tenant group Singapore Tenants United For Fairness (SGTUFF) on Monday said that it may be better for the public and businesses if Singapore enters another partial lockdown, that is, another 'circuit breaker', instead of having the government progressively tighten measures to curb the resurgence of Covid-19.

The group noted that under the tightened movement restrictions, the shopping malls are remaining open, but with curtailed occupancy limits. This has turned the malls into ghost towns. Of retailers who have experienced a decline in sales, 45 per cent have seen their sales drop by at least 80 per cent; 36 per cent have seen sales drop by 50-80 per cent.

Among the latest restrictions which will be in place till June 13, dining out has been banned, but food and beverage (F&B) operators are to receive increased wage support under the Jobs Support Scheme (JSS) for this period.

Said a spokesperson for SGTUFF: "With infections going up, we think it's more straightforward for us to go into CB ('circuit breaker') instead of facing the current zombie situation for non-F&B businesses. Many members in retail and other non-F&B services are also facing severe business drops like those in the F&B sector, but they have not been offered the 50 per cent JSS help or rental reliefs yet."
 
PAP trying to save more money to bail out TLCs. :cautious:
 
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