Last month Singaporean said the country suffered losses of about S$700 million due to large-scale haze in 2015.
Singapore dollar and Malaysian ringgit have moved off 8-month highs.
Charts suggest levels $50 in coming weeks as producers are hopeful of a broader agreement among them ahead of the June OPEC meeting.
Data showed that the MAS easing last Thursday is justified.
Piracy, sea robberies and the emergent threat of transnational maritime terrorism are of concern.
The Q1 figure is a notch down from the Q4-2015 growth of 6.8% in and also marked the economy's worst performance since 2009.
The US move could aggravate the Chinese resistance against any other country claiming parts of the territory.
Most analysts were expecting the MAS to leave the policy steady.
Australia's trade with India is now worth $13.1bn, just one tenth of that with China.
In March alone, the Malaysian currency has rallied around 8% against the greenback, and so far this year, the gain is more than 11.2%.
Currently, permissions have to be sought each time there is a US requirement.
As none has emerged with the necessary 50% vote share, there should be a run-off between the top two, which has now been slated to 5 June.
The Bloc of Petro Poroshenko faction had offered to nominate from the new coalition current speaker Volodymyr Groysman as teh new PM.
The market is now waiting for the monetary policy decision by the Monetary Authority of Singapore due on Thursday.
Among developing Southeast Asian economies, the Philippines and Vietnam have the strongest growth prospects, both expected to grow more than 6% in 2016.