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Ministry Of Finance (Singapore)
The Ministry of Finance (MOF; ms, Kementerian Kewangan; zh, 财政部; ta, நிதி அமைச்சு) is a ministry of the Government of Singapore responsible for managing the fiscal policies and the structure of the economy of Singapore. Responsibilities The authority's main regulatory statutes are Accountants Act, Accounting Standards Partnerships Act, Business Registration Act, Companies Act, Limited Partnerships Act and the Limited Liability Partnerships Act. The MOF ensures that businesses in Singapore are compatible with international standards and practices, in areas such as company law, accounting standards and corporate governance principles. Singapore Budget Every year, the MOF prepares the Singapore Budget and the Minister for Finance presents the Budget to the Parliament before the new financial year begins. The Budget includes the revised Government revenue and expenditure projections for the current financial year as well as the planned governmen ...
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Government Of Singapore
The Government of Singapore is defined by the Constitution of Singapore to mean the executive branch of the state, which is made up of the president and the Cabinet. Although the president acts in their personal discretion in the exercise of certain functions as a check on the Cabinet and the Parliament, their role is largely ceremonial. It is the Cabinet, composed of the prime minister and other ministers appointed on their advice by the president, that have the general direction and control of the government. The Cabinet is formed by the political party that gains a simple majority in each general election. A statutory board is an autonomous agency of the Government that is established by an Act of Parliament and overseen by a government ministry. Unlike ministries and government departments that are subdivisions of ministries, statutory boards are not staffed by civil servants and have greater independence and flexibility in their operations. There are five Community ...
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Hon Sui Sen
Benedict Hon Sui Sen (; 16 April 1916 – 14 October 1983) was a Singaporean politician who served as Minister for Finance between 1970 and 1983. A member of the governing People's Action Party (PAP), he was the Member of Parliament (MP) for Havelock between 1970 and 1983. Early life Hon was born in a Hakka Chinese family on 16 April 1916 in Penang in the British Straits Settlements. Educated at Saint Xavier's Institution, he earned the top place in the 1932 Senior Cambridge Certificate Examination. In 1935, he commenced studies at Raffles College in Singapore and graduated in 1938 with a Class I Diploma in Science. Career After graduation, Hon entered the Straits Settlements Civil Service as a Police Court Magistrate. Following this, he assumed responsibilities as a Deputy Collector of Land Revenue prior to the Japanese occupation of Malaya and Singapore. After the War, Hon remained with the Land Office and by 1957 had become Land Commissioner. In 1960, Hon was attached to th ...
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Finance Ministries
A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", "finance", "financial affairs", "economy" or "economic affairs". The position of the finance minister might be named for this portfolio, but it may also have some other name, like "Treasurer" or, in the United Kingdom, "Chancellor of the Exchequer". The duties of a finance minister differ between countries. Typically, they encompass one or more of government finance, fiscal policy, and financial regulation, but there are significant differences between countries: * in some countries the finance minister might also have oversight of monetary policy (while in other countries that is the responsibility of an independent central bank); * in some countries the finance minister might be assisted by one or more other ministers (some supported by ...
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Government Ministries Of Singapore
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed govern ...
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Lawrence Wong 2022-08
Lawrence may refer to: Education Colleges and universities * Lawrence Technological University, a university in Southfield, Michigan, United States * Lawrence University, a liberal arts university in Appleton, Wisconsin, United States Preparatory & high schools * Lawrence Academy at Groton, a preparatory school in Groton, Massachusetts, United States * Lawrence College, Ghora Gali, a high school in Pakistan * Lawrence School, Lovedale, a high school in India * The Lawrence School, Sanawar, a high school in India Research laboratories * Lawrence Berkeley National Laboratory, United States * Lawrence Livermore National Laboratory, United States People * Lawrence (given name), including a list of people with the name * Lawrence (surname), including a list of people with the name * Lawrence (band), an American soul-pop group * Lawrence (judge royal) (died after 1180), Hungarian nobleman, Judge royal 1164–1172 * Lawrence (musician), Lawrence Hayward (born 1961), British musician * ...
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Heng Swee Keat
Heng Swee Keat (; born 15 April 1961) is a Singaporean politician, former police officer and civil servant who has been serving as Deputy Prime Minister of Singapore since 2019 and Coordinating Minister for Economic Policies since 2020 and also chairman of the People's Action Party since 2022. He has been the Member of Parliament (MP) representing the Bedok division of East Coast GRC since 2020. Heng had previously served as Minister for Education between 2011 and 2015 and Minister for Finance between 2015 and 2021. Prior to entering politics, Heng worked in the Singapore Police Force (SPF), Ministry of Education (MOE), Ministry of Trade and Industry (MTI), and Monetary Authority of Singapore (MAS). He was also the principal private secretary to Senior Minister Lee Kuan Yew between 1997 and 2001. He made his political debut in the 2011 general election as part of a five-member PAP team contesting in Tampines GRC and won with 57.22% of the vote. He then elected as a Member ...
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Tharman Shanmugaratnam
Tharman Shanmugaratnam (Tamil: தர்மன் சண்முகரத்தினம்; born 25 February 1957) is a Singaporean politician and economist who has been serving as Senior Minister of Singapore since 2019 and has also been Coordinating Minister for Social Policies since 2015 and also chairman of the Monetary Authority of Singapore since 2011. A member of the governing People's Action Party, he has been the Member of Parliament (MP) representing the Taman Jurong division of Jurong GRC since 2001. He has also been serving as Deputy Chairman of GIC. An economist by profession, Tharman had worked in both the public and private sectors, both domestic and abroad. He has spent most of his working life in public service, in roles principally related to economic and social policies. Tharman previously led the G20 Eminent Persons Group on Global Financial Governance and had chaired the International Monetary and Financial Committee (IMFC), the International Monetary ...
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Tharman Shanmugaratnam At The Official Opening Of Yuan Ching Secondary School's New Building, Singapore - 20100716 (cropped)
Tharman Shanmugaratnam (Tamil: தர்மன் சண்முகரத்தினம்; born 25 February 1957) is a Singaporean politician and economist who has been serving as Senior Minister of Singapore since 2019 and has also been Coordinating Minister for Social Policies since 2015 and also chairman of the Monetary Authority of Singapore since 2011. A member of the governing People's Action Party, he has been the Member of Parliament (MP) representing the Taman Jurong division of Jurong GRC since 2001. He has also been serving as Deputy Chairman of GIC. An economist by profession, Tharman had worked in both the public and private sectors, both domestic and abroad. He has spent most of his working life in public service, in roles principally related to economic and social policies. Tharman previously led the G20 Eminent Persons Group on Global Financial Governance and had chaired the International Monetary and Financial Committee (IMFC), the International Monetary ...
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Lee Hsien Loong
Lee Hsien Loong (; born 10 February 1952) is a Singaporean politician and former brigadier-general who has been serving as Prime Minister of Singapore and Secretary-General of the People's Action Party since 2004. He has been the Member of Parliament (MP) representing the Teck Ghee division of Ang Mo Kio GRC since 1991, and previously Teck Ghee SMC between 1984 and 1991. Born in Singapore during British colonial rule, Lee is the eldest son of Singapore's first prime minister, Lee Kuan Yew. He graduated from Trinity College, Cambridge in 1974 with a Bachelor of Arts with first class honours degree in mathematics and a diploma in computer science (now equivalent to a master's degree in computer science) with distinction. He also completed a Master of Public Administration degree at Harvard Kennedy School in 1980. He served in the Singapore Armed Forces (SAF) between 1971 and 1984, and attained the rank Brigadier-General before entering politics in 1984 where he was elected as ...
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Lee Hsien-Loong - World Economic Forum Annual Meeting 2012 Cropped
Lee may refer to: Name Given name * Lee (given name), a given name in English Surname * Chinese surnames romanized as Li or Lee: ** Li (surname 李) or Lee (Hanzi ), a common Chinese surname ** Li (surname 利) or Lee (Hanzi ), a Chinese surname *Lý (Vietnamese surname) or Lí (李), a common Vietnamese surname * Lee (Korean surname) or Rhee or Yi (Hanja , Hangul or ), a common Korean surname * Lee (English surname), a common English surname * List of people with surname Lee **List of people with surname Li ** List of people with the Korean family name Lee Geography United Kingdom * Lee, Devon * Lee, Hampshire * Lee, London * Lee, Mull, a location in Argyll and Bute * Lee, Northumberland, a location * Lee, Shropshire, a location * Lee-on-the-Solent, Hampshire * Lee District (Metropolis) * The Lee, Buckinghamshire, parish and village name, formally known as Lee * River Lee - alternative name for River Lea United States * Lee, California * Lee, Florida * Lee, Illi ...
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Richard Hu
Richard Hu Tsu Tau ( zh, s=胡赐道, p=Hú Cìdào; born 30 October 1926) is a Singaporean retired politician who served as Minister for Finance between 1985 and 2001. A member of the governing People's Action Party (PAP), he was the Member of Parliament (MP) for Kreta Ayer SMC between 1984 and 1997 and Kreta Ayer–Tanglin GRC between 1997 and 2001. Early life Hu was born in Singapore Hu Tsai Kuen, a doctor, and Margaret Kwan Fu Shing. He was educated at the Anglo-Chinese School before graduating from the University of California, Berkeley in 1952 with a Bachelor of Science degree in chemistry. He subsequently went on to complete a PhD in chemical engineering at the University of Birmingham. Career Hu joined the Royal Dutch Shell Group of Companies in 1960 and rose to the position of Chairman and Chief Executive of this global company in Singapore between 1977 and 1983. In 1983, Hu became the Managing Director of the Monetary Authority of Singapore (MAS) and the Government ...
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Tony Tan
Tony Tan Keng Yam (; born 7 February 1940) is a Singaporean former politician who served as the seventh president of Singapore between 2011 and 2017. He did not seek for a second term as president in 2017 due to a constitutional amendment. Prior to entering politics, Tan was a general manager at OCBC Bank. He made his political debut in the 1979 by-elections as a PAP candidate contesting in Sembawang SMC and won. He went on to served as Minister for Education between 1980 and 1991, Minister for Finance between 1983 and 1985, and Minister for Defence between 1985 and 1991, Deputy Prime Minister between 1995 and 2005, and Coordinating Minister for National Security between 2003 and 2005. Tan resigned from the Cabinet in 2005 and was appointed Deputy Chairman and Executive Director of GIC, the country's sovereign wealth fund, Chairman of the National Research Foundation and Chairman of SPH. He resigned from all of his positions in 2010 before contesting in the 2011 p ...
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