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Showing posts with the label globalization

Indoor Agriculture: Feeding the future

With rapid urbanization and a rising global population – expected to hit 8.5 billion by 2030 – it is crucial to find innovative agricultural methods to sustain food supply. Touted as the future of food and agriculture, can indoor farming change the way we produce food? What is indoor agriculture? The art and science of sprouting crops in a controlled and sustainable environment with artificial lights and technology is known as indoor agriculture. With indoor agriculture, seasonal crops can be produced throughout the year using light-emitting diode (LED) lighting to trigger photosynthesis. Water fortified with minerals is used to substitute the functionality of soil. Indoor farming can increase crop yields by 50 per cent. Indoor farming can increase crop yields by 50 per cent, provided that growing conditions are optimal. Further advances in LED technology also assist to create an environment where vegetables can be grown – regardless of climate – to produce maximum yields

Visualizing the future

Singapore will mark its 50th anniversary of independence in 2015. In conjunction with the country’s upcoming Golden Jubilee, Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his views in The Business Times – Views from the Top section on what Singapore’s economy and society would look like in 2065. In the future, technology would have eliminated much of the manual labor that humans perform today. Robots will revolutionize work in the home, elder-care as well as the personal services industry. Commercial space flight will accelerate the growth of globalization and enhance innovation, thanks to people being able to meet face-to-face with far less time spent in travel. On the other hand, 3D printing coupled with big data analytics will revolutionize the traditional manufacturing model of economies of scale in favor of mass customization. In addition, stricter Green and ethics regulations will foster Greener, safer and fairer processes in the work