More than ten thousand small business owners who lease space from Kuala Lumpur City Hall are set to receive a rent reduction. The city will cut the rent by half for the entire year of 2027. The measure is intended to lessen operating expenses for these traders. Officials described the relief as a response to an uncertain economic climate. By lowering costs, the policy aims to keep the small‑scale retail sector viable. The announcement was made in Kuala Lumpur and credited to the prime minister’s initiative.