Ministry of Finance of Singapore



The prosperity of a nation mainly depends of the economical strength that forms the backbone of the nation. The Ministry of Finance is an integral part of the government of Singapore and takes care of the economy of the nation. Our site focussingapore offers detailed information about the Ministry of Finance of Singapore. The Singapore Ministry of Finance is entrusted with the duty of administering and regulating the financial institutions of the nation. It also takes care of the structure of the economical standard of the nation. The Minister of Finance heads the Ministry of Finance in Singapore.

The Companies Act, the Business Registration Act, the Currency Act and the Accountants Act are some of the major regulatory statutes of the Ministry of Finance. Lee Hsien Loong is the present Minister for Finance in Singapore.

The Ministry of Finance Singapore is entrusted with the duty of overseeing the fact that the businesses operating within the jurisdiction of the nation should match with the international standards. The main areas of concern are company law, corporate governance principles and accounting standards.

Singapore being one of the most urbanized nations of the world is blessed with a market friendly economy. The Ministry of finance in Singapore always takes necessary steps to encourage foreign investors to invest in the business prospects of the nation to enhance the economical strength of the nation.

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