In the wake of Penang floods, business operators staring at up to RM1 million in losses - News Summed Up

In the wake of Penang floods, business operators staring at up to RM1 million in losses


GEORGETOWN: Business owners are staring at losses up to RM1 million each from their premises being inundated by floodwaters over the weekend. When the New Straits Times approached 54-year-old Teoh Eng Leong, he said he estimated that he lost close to RM1 million when his warehouse was flooded. It broke my heart.”Stall operators at a foodcourt along Jalan Perak, here, were also badly affected, their goods and electrical appliances destroyed or badly damaged. One of the operators, Fauzi Nasir, 50, said he suffered RM60,000 in losses. The fridge, especially, is expensive and I don’t know where to get the money to buy a new one.


Source: New Strait Times November 08, 2017 14:48 UTC



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