Singapore Estimates Haze Costs Between S$3.2B and S$3.9B from Malaysia Fires
What happened
A preliminary calculation estimates that the current haze could cost Singapore between S$3.2 billion and S$3.9 billion, compared to S$1.83 billion lost in 2015. The National Environment Agency of Singapore identified seven companies after tracing fires on their concession lands to smoke that may have reached Singapore. The NEA has issued preventive measure notices to these seven companies under the Transboundary Haze Pollution Act.
From eco-business.com
Why it matters
The haze episode highlights the cross-border operational relationship between Singapore and Malaysia, where the fires are estimated to cost Malaysia up to RM50 million a day. While Singapore has a Transboundary Haze Pollution Act, no company has been fined or sued under it since the law was passed.
From eco-business.com
Who's involved
- SingaporeSovereign island country tracking the haze and enforcing pollution acts.
- MalaysiaCountry where the fires causing the haze are located and where pollution costs are estimated.
- National Environment AgencyGovernment agency of Singapore responsible for identifying companies and issuing preventive notices.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- IndonesiaSpeculative
Indonesia might experience increased operational costs and reduced supply chain stability due to the regional haze crisis.
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The entities involved
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Singapore
sovereign island country and city-state in maritime Southeast Asia
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Malaysia
country in Southeast Asia
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National Environment Agency
government agency of Singapore
Related events
- NEA issues notices regarding cross-border haze pollution, and Singapore plans to amend its haze law, alongside connectivity faults in transport and health systems.
- Due to El Niño, multiple Southeast Asian countries, including Indonesia, Malaysia, Singapore, and Brunei, are facing potential haze risks driven by hotter and drier conditions.
- Regional groups reviewed haze management mechanisms and advocated for regional environmental issues in Southeast Asia.
- Charles Santiago advocates for stronger haze protection policies within Malaysia.
- Malaysia plans to raise the haze issue at the ASEAN Summit in the Philippines, while Indonesia and Malaysia engage in intensive contact.