Economic toll of haze in Malaysia could hit RM1.5b a month as business and health costs mount, experts say
KUALA LUMPUR, Oct. 14 -- The prolonged transboundary haze is costing Malaysia between RM20 million and RM50 million daily in economic disruptions, soaring healthcare bills, and lost worker productivity, according to experts.
Sunway University economics professor Dr Yeah Kim Leng warned that this conservative estimate compounds rapidly over time, The Star reported.
"The actual economic toll could potentially balloon to a whopping RM600 million to RM1.5 billlon a month," he said.
Yeah highlighted tourism, aviation, and agriculture as the most vulnerable sectors.
"The hardest-hit sectors are tourism and aviation. Air pollution can cut arrivals by up to 8%, with GDP losses up to RM1.5 billon.
"In agriculture and plantation, Johor vegetab...
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