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MAS Building on Shenton Way, headquarters of the Monetary Authority of Singapore . The Monetary Authority of Singapore (MAS) was founded in 1971 to oversee various monetary functions associated with banking and finance. Prior its establishment, monetary functions were performed by government departments and agencies.
The statutory boards of the Government of Singapore are autonomous organisations that have been tasked to perform an operational function by legal statutes passed as Acts in the Parliament of Singapore. The statutes define the purpose, rights and powers of each authority. These organisations would usually subsequently report to one specific ...
The Government of Singapore is defined by the Constitution of the Republic of Singapore to consist of the President and the Executive. Executive authority of Singapore is vested in the President but exercised on the advice of the Cabinet led by the Prime Minister. The President, acting as the Head of State, may only act in their discretion in ...
This is a list of banks with operations in Singapore. Location of incorporation is provided in brackets for foreign banks. There are, at present over 150 banks and deposit-taking institutions, and 45 banks with representative offices in Singapore. (EFA=Exempt Financial Adviser; ACU=Asian Currency Unit; SGS=Singapore Government Securities Market)
e. The Government of Singapore consists of several departments, known as ministries and statutory boards in Singapore. Ministries are led by a member of the Cabinet and deal with state matters that require direct political oversight. The member of the Cabinet heading the ministry is known as the minister, who is supported by a junior minister ...
By 2015, the number of town councils is 16. For the first time, all town councils are overseen by GRCs due to Potong Pasir SMC subsuming into the revived Jalan Besar town council (retaining the new logo from Moulmein-Kallang). [20] [21] Town council.
Tharman Shanmugaratnam. Tharman Shanmugaratnam[ a] (born 25 February 1957), also known mononymously as Tharman, is a Singaporean politician and economist who has been serving as the ninth president of Singapore since 2023. A former member of the governing People's Action Party (PAP), he was the Member of Parliament (MP) representing Jurong GRC ...
As of 2023, the total size of the reserves has been estimated to be at least S$ 2.5 trillion (2024) ( US$ 1.87 trillion ), based on publicly available data from GIC, [ a] Temasek, [ b] MAS, [ c] and CPF, [ d] among others. It is generally assumed that Singapore's reserves are far-reaching and significant.