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Hazardous Smog Blankets Singapore

By Kyunghee Park and Jasmine Ng - 2013-06-21T10:15:32Z

Photograph by Munshi Ahmed/Bloomberg

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The pollution will hit tourism-related industries in Singapore, which make up about 5-6 percent of the economy, as well as construction, Joey Chew, an economist at Barclays Plc, said in a research note on the haze yesterday. A disruption for one week could cost the economy about $1 billion, Barclays economist Wai Ho Leong said in an e-mail on June 19.