19 Mar '17, 1am

Commentary: Can farming be a success story for Singapore?

First, are farmers able to adopt technology, and why or why not? The trouble is that agricultural technologies have not taken off in Singapore because of underlying business factors. High risks, lack of financing and limited farm tenures hold us back. A 30 per cent upfront government grant to buy a machine or install a system does not fundamentally address common challenges faced by the local farmer of having no money for basic infrastructure, no assurance that his farm is on ground protected for agriculture and few talent joining the industry. As production capabilities are inextricably linked to business prospects, the farm transformation map may be asking farmers to fly before they even walk.

Full article: http://www.channelnewsasia.com/news/singapore/commentary-...

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