Indonesia and Malaysia are experiencing the highest number of fire hotspots in seven years, according to Bloomberg Markets. This surge significantly increases the risk of severe haze conditions across Southeast Asia in the coming months. The fire activity stems from prolonged dry weather patterns exacerbated by the El Niño phenomenon, which has reduced rainfall across the region. Business operations in Singapore, Malaysia, and southern Thailand face immediate disruption risks as haze can force airport closures and factory shutdowns, impacting supply chains and tourism revenue.