Share on StockTwits

Japan’s Panasonic Corp, best known for its television sets and home theater systems, wants to feed Singaporeans its radishes and lettuce. A unit of the electronics conglomerate last week started selling to a chain of Japanese restaurants in Singapore fresh produce grown in what it says is the first licensed indoor vegetable farm in the island state. The move ties Panasonic’s deeper push into farming technology with land-scarce Singapore’s ambition to reduce its near-total reliance on food imports. “We foresee agriculture to be a potential growth portfolio, given the global shortage of arable land, climate change and increasing demand for quality food as well as stable food supply,” Hideki Baba, managing director of Panasonic Factory Solutions Asia Pacific, told reporters.



“Electronics Giant Panasonic Wants Singaporeans To Eat Its Veg” is categorized as “world”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.