With the global economy facing uncertain headwinds, retailers are expecting consumers to tighten their purse strings in the coming months.

But are the new Budget measures such as enhanced tax deductions and new cash payouts to support innovation by firms enough to keep a positive momentum going?

Terence Yow, Chairperson, Singapore Tenants United For Fairness and Managing Director, Enviably Me Group gives insight into pain points faced by the retail, F&B, and service sectors.

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Presenters: Lynlee Foo

Producer: Yeo Kai Ting (ykaiting@sph.com.sg)

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