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2015/10/13
Market Insight with Daryl Liew - Hazy conditions in Asia to clear in Q4

We usually enjoy a nice view from our office here in Singapore. These days however, the iconic Marina Bay Sands is shrouded by a thick layer of haze, while the nearby island of Sentosa is completely blocked from view. The poor visibility is due to the annual fires started in Indonesia’s agricultural regions of Sumatra and Kalimantan to clear forest land. The poor air quality has led to the closure of schools in Singapore and Malaysia and is estimated to cost the region close to $14 billion. 

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