Haze Costs Singapore S$2.32 Billion in 2026, Experts Say
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Singapore's economy has lost an estimated S$2.32 billion because of this year's haze, according to experts. The figure covers the period up to October 31. This year's haze episode is the worst the country has seen in more than a decade.
The estimated cost is about 4 per cent higher than the cost of the haze in 2015. That episode was also a serious period of poor air quality in Singapore. Experts compared the two events to measure how much the haze has affected the economy over time.
Haze can affect many parts of daily life and business. When air quality falls, people may spend less time outdoors, and companies may see changes in their operations. The total cost reflects the economic impact of these effects during the months when the haze was present.
The figures show that the haze has had a significant financial effect on Singapore this year. Residents and businesses are likely to continue following air quality updates as the situation develops.
Sources: The Business Times
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