Ministry of Trade and Industry ( Singapore ) - wikipedia Ministry of Trade and Industry ( Singapore ) This article contains content that is written like an advertisement. Please help improve it by removing promotional content and inappropriate external links, and by adding encyclopedic content written from a neutral point of view. ( March 2017 ) Ministry of Trade and Industry Agency overview Formed March 1979 ( 1979 - 03 ) Jurisdiction Government of Singapore Employees 2,932 ( 2015 est. ) Annual budget $3.05 billion SGD ( 2015 est. ) Ministers responsible Chan Chun Sing, Minister Chee Hong Tat, Senior Minister of State Koh Poh Koon, Senior Minister of State Tan Wu Meng, Senior Parliamentary Secretary S Iswaran, Minister In Charge of Trade Relations Agency executives Loh Khum Yean, Permanent Secretary Lee Ark Boon, Deputy Secretary ( Trade ) Ngiam Shih Chun, Deputy Secretary ( Industry ) Child agencies A * STAR Competition and Consumer Commission of Singapore Economic Development Board Energy Market Authority Enterprise Singapore Hotel Licensing Board JTC Corporation Sentosa Development Corp. Singapore Tourism Board Website www.mti.gov.sg The Ministry Of Trade and Industry ( Abbreviation : MTI ; Malay : Kementerian Perdagangan dan Perusahaan ; Chinese : 贸 工 部 ; Tamil : வர்த்தக, தொழில் அமைச்சு ) is a ministry of the Government of Singapore that directs the formulation of policies related to the development of trade and industry in Singapore. Contents 1 Departments & Statutory boards 2 See also 3 References 4 External links Departments & statutory boards The ministry oversees a department and 9 statutory boards. These are : Singapore Department of Statistics Agency for Science, Technology and Research ( A * STAR ) Competition and Consumer Commission of Singapore ( CCCS ) Economic Development Board ( EDB ) Energy Market Authority ( EMA ) Hotel Licensing Board ( HLB ) JTC Corporation ( JTC ) Sentosa Development Corporation ( SDC ) Singapore Tourism Board ( STB ) Enterprise Singapore See also Government of Singapore References ^ Jump up to : `` Head V : Ministry of Trade and Industry '' ( PDF ). Budget 2015 : Revenue and Expenditure Estimates. Ministry of Finance. February 2015. Retrieved 21 December 2015. External links Wikimedia Commons has media related to Ministry of Trade and Industry ( Singapore ). 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Question: what does the ministry of trade and industry do
Answer: directs the formulation of policies related to the development of trade and industry in Singapore