FairPrice combats food waste
Singapore aims to become urban agriculture technology hub
Singapore is investing heavily in high-tech farming to become more self-sufficient. The third most densely populated country in the world has sacrificed many things, including food production. Farms make up no more than 1% of total land area, which means the country spends out around $10 billion each year on food imports, which account for 90% of food consumption.
“Powerful connections. Inspiring conversations.”
Billed as a day of networking-rich opportunities with the most brilliant minds to shape the future of Asian’s fresh produce landscape, the ASIAFRUIT CONGRESS 2020 is an international fresh produce conference event, very well-known in the industry. This event is at the centre of the fruit and vegetable sector in Asia, considered as one of the longest-running. It is organised in collaboration between ASIAFRUIT Magazine and ASIA FRUIT LOGISTICA.
Singapore launches urban agriculture projects to expand local food supply
In the face of severe disruption to the global supply chains caused by the COVID-19 pandemic, countries are already reassessing their dependency on imports to feed their populations. Singapore, imports over 90% of the food consumed by its 5.6 million residents, with Malaysia supplying 39% of the total. The country’s government has announced new measures to accelerate local food production, including the establishment of urban gardens on roofs and terraces, according to Reuters.
Singapore to host Asia Fruit Logistica 2020
Fresh produce opportunities in Singapore
There is strong demand for fresh products in Singapore, a country where the fresh fruit and vegetables market is estimated to have been worth about $1 billion last year.
“Even busy professionals who cannot make treks to the markets frequently will buy fresh produce and freeze it themselves to consume later. Therefore, significant opportunity exists for firms to sell food items that are both fresh and ready-made or easy to prepare.”