Chinatown traders wary about relocation plan

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Lee Lam Thye Market News

Market Traders,Dbkl

LONDON (Reuters) - Cyber insurance premiums are falling globally as businesses become more adept in curbing their losses from cyber crime, even as ransomware attacks are rising, broker Howden said in a report on Monday.

An arch bearing Lee’s name in Chinese leads to the market which was renamed after him in recognition of his efforts to save it in the 1990s. — Photos: LOW BOON TAT/The Star

An illustration by DBKL displayed at the engagement session showed the top floor of the proposed two-storey complex will house traders from Lee Lam Thye market while the bottom floor will function as trading space for about 114 Pasar Karat traders as well as a parking lot.Chin says he is uncertain about the move as he’s happy with his current location.“We have been here for a long time and regular customers know where to find us.

“There will also be a dining area for customers, as well as other facilities such as toilets and basic amenities such as electricity, water and sewerage system. “So, we are hoping DBKL will consider building a four-storey market complex to address the lack of parking,” he said. “There are some spaces at Lorong Petaling but we are still in the midst of discussing this with DBKL,” he said.

 

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