Malaysia's latest haze cost RM8b in welfare losses, may have led to 1,700 deaths, report finds
KUALA LUMPUR, Oct. 29 -- Malaysia's recent haze episode carried an estimated RM8 billion in welfare losses, while short-term exposure to fine particles from fires may have contributed to about 1,700 deaths, according to a report commissioned by the Federation of Malaysian Manufacturers (FMM).
The report valued the health burden of estimated premature deaths at between RM3 billion and RM15 billion, using standard benefit-transfer methods.
It said this represents what people would be willing to pay to avoid the risk of premature death - not lost economic output - and should not be added to other economic losses.
The haze also disrupted manufacturers indirectly through staff absences and school closures.
Among 59 sites reporting some ope...
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