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Hence, fixed deposits became the preferred choice for Singaporeans to store their savings as they offer relatively higher interest rates as compared to an average savings account and yet are covered by Singapore's deposit insurance up to a maximum of $100,000 for each bank or finance company. SSBs are completely covered by government guarantee ...
The Ministry of Social and Family Development (MSF; Malay: Kementerian Pembangunan Sosial dan Keluarga; Chinese: 社会及家庭发展部; Tamil: சமுதாய, குடும்ப மேம்பாட்டு அமைச்சு) is a ministry of the Government of Singapore responsible for the formulation and implementation of policies related to the community infrastructure ...
The Central Provident Fund Board (CPFB), commonly known as the CPF Board or simply the Central Provident Fund (CPF), is a compulsory comprehensive savings and pension plan for working Singaporeans and permanent residents primarily to fund their retirement, healthcare, and housing [3] needs in Singapore.
The Accounting and Corporate Regulatory Authority (ACRA) is a statutory board under the Ministry of Finance of the Government of Singapore.ACRA is the regulator of business registration, financial reporting, public accountants and corporate service providers.
William Farquhar, who served as the first resident of Singapore from 1819 to 1823. On 30 January 1819, Sir Stamford Raffles, an Englishman who was the Governor of Bencoolen (now Bengkulu, Indonesia), entered into a preliminary agreement with the Temenggung of Johor, Abdul Rahman Sri Maharajah, for the British East India Company to establish a "factory" or trading post on the island of Singapore.
The Ministry of Culture, Community and Youth (MCCY; Malay: Kementerian Kebudayaan, Masyarakat dan Belia; Chinese: 文化、社区及青年部; Tamil: கலாசார, சமூக, இளையர்துறை அமைச்சு) is a ministry of the Government of Singapore responsible for the formulation and implementation of policies related to the arts, sports, youth and community ...
Auditor-General's Office; Agency overview; Formed: 1867 (): Jurisdiction: Government of Singapore: Motto: To audit and report to the President and Parliament on the proper accounting and use of public resources so as to enhance public accountability and help strengthen the financial governance of the public service.
REACH was launched on 12 October 2006 when the Feedback Unit was restructured to move beyond gathering public feedback, to become the lead agency for engaging and connecting with citizens. REACH was also appointed as the Singapore government's e-engagement platform in January 2009.