Daily Briefing: Tigerair and Cebu Pacific alliance takes off; Which loan should you take when buying a home?

And Indonesia takes action on some timber and palm oil firms over the haze.

Tiger Airways Holdings (Tigerair) announced the strategic alliance agreement between Tigerair and Cebu Pacific has been approved by the Competition Commission of Singapore (CCS). The approval of the alliance follows a thorough review by the CCS and enables Tigerair and Cebu Pacific to deepen cooperation for the Singapore and Philippines markets. Read more here.

This is a common question that most Singaporeans will ask themselves when they purchase their first HDB flat. DollarsAndSense looks at whether you should be taking an HDB loan or a bank loan when you buy your flat. Read more here.

Indonesia has revoked the licence of a timber supplier and suspended the operations of three palm oil plantation operators over fires that have blanketed Southeast Asia in haze, an official said Tuesday. The illegal blazes in Indonesia have sent smog floating over the region in recent weeks, causing thousands to fall ill, worsening air quality and reducing visibility in the archipelago, as well as in neighbouring Singapore and Malaysia. Find out more here.