Singapore is the center of regional development in Southeast Asia and has emerged as a financial hub in recent years. Over 90% of Singapore's food supply relies on imports from neighboring countries, prompting the Singaporean government to prioritize agricultural food security and food safety control. Taiwan's Phansco Co., LTD. has developed a traceability inspection technology—Raman Spectroscopy Pesticide Rapid Detection—which will enhance transparency and traceability in Singapore's food supply chain, from farm to table, making it the only blockchain-based smart agriculture data solution.

Phansco Co., LTD. has partnered with Singapore to establish Treeco Hub, a joint venture that collaborates with Singaporean university research centers and implements field demonstrations. Leveraging its business network in Singapore, the company is also expanding its operations to China's Nanjing Eco-Island Technology Park.