Singapore will use "every legal and regulatory lever" to exert pressure on companies responsible for haze-causing fires.
\n\nPhotos via Mothership, Badan Nasional Penanggulangan Bencana/Facebook.
\n\nThe Singapore Exchange (SGX) will be asking questions of seven Singapore-listed agriculture companies and their possible links to the forest fires in Indonesia that have caused haze in Singapore over the past weeks, Senior Minister K Shanmugam said at a doorstop on Oct. 19.
\n\nThe government will look into Asia Pulp and Paper, which is incorporated in Singapore.
\n\nIt will also be asking questions of First Borneo Plantations, which has ownership links to Singapore-incorporated companies, The Business Times reported.
\n\nCompanies which are responsible for the fires "should not underestimate the Singapore government's determination to act", the minister said.
\n\nWhether they have a presence in Singapore or not, the government will use "every legal and regulatory lever at [its] disposal to exert pressure where it matters", including on their access to financing, Shanmugam warned.
\n\nAdditionally, three more Indonesian companies have been issued with preventive measure notices by the National Environment Agency (NEA), bringing the total to 10.
\n\nAlso at the doorstop was Minister for Sustainability and the Environment Grace Fu, who delivered remarks in Mandarin.
\n\nOn the…
Original source: https://mothership.sg/
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