Singapore haze losses estimated at 50 million dollars
dpa German Press Agency
Thursday October 12, 2006
Singapore- Singapore has suffered an estimated loss of 50 million US dollars since the onset of the haze in early September, said an economist Thursday. "Some of the various losses arising from forest fires and haze include threat to public health, rise in respiratory illness, hospitalization and treatment costs," said Associate Professor Euston Quah, Head, Division of Economics, Nanyang Technological University.
"Losses in tourism, losses in productivity because people take time off from work because they're sick, losses to recreation, outdoor recreation in particular, people cannot enjoy the outdoor life," he added.
Studies on the effects of the 1997 haze showed Singapore suffered estimated losses of about 300 million dollars, including 210 million in tourism and five million in health costs.
© 2006 dpa German Press Agency