MTI was created out of the former Development Division of the Ministry of Finance in March 1979.
It was tasked with anticipating problems ahead, identifying opportunities for growth, rationalising existing policies and giving broad directions for the economy.
The Economic Development Board (EDB) plays a pivotal role in identifying and pioneering economic opportunities for Singapore, its people and its business partners.
The Ministry's mission is to develop Singapore as a Global City for information, communications and the arts, so as to build a creative economy and a connected society with a Singaporean identity rooted in our multicultural heritage. It seeks to propel the creative economy through the development and promotion of the creative industries (arts, design and media) and infocomm technology sector to create new economic value and jobs. It also aims to forge a strong sense of community, national identity, rootedness and inclusion among Singaporeans, and to foster better understanding between the Government and its various stakeholders through effective public communications. The Ministry of Information, Communications and the Arts (MICA) is a multi-faceted ministry. It is a ministry with both economic and social aims with the vision to nurture and develop a Creative Economy, Gracious Community and Connected Singapore.
The Ministry Of Education directs the formulation and implementation of education policies. It has control of the development and administration of the Government and Government-aided primary schools, secondary schools, junior colleges, and a centralised institute. It also registers private schools.
International Enterprise (IE) Singapore is the lead agency under the Ministry of Trade and Industry spearheading the development of Singapore's external economic wing.
The Defence Science and Technology Agency (DSTA) is the first statutory board to be set up under the Ministry of Defence (MINDEF). It is responsible for implementing defence technology plans, managing defence research and development, acquiring defence material and developing defence infrastructure for MINDEF.
A*STAR represents today's research scientists and future generation of aspiring scientist who dare to race with the world's best towards the very limits of modern science. Together with scientists we will build up our intellectual capital and our scientific capabilities. That will boost the economic competitiveness of Singapore.
A*STAR is a luminous Constellation, charting the course for Singapore's Science and Technology. It comprises the Biomedical Research Council (BMRC), the Science and Engineering Research Council (SERC), Exploit Technologies Pte Ltd (ETPL), the A*STAR Graduate Academy (A*GA) and the Corporate Planning and Administration Division (CPAD).
Both BMRC and SERC promote, support and oversee the public sector R&D research activities in Singapore. Both Councils fund the A*STAR public research institutes which conduct cutting-edge research in specific niche areas in Science, Engineering and Biomedical Science. The following R&D Capability Diamonds show clearly how the research capabilities of A*STAR Research Institutes strengthen the key industries in Singapore.