Economic Development Board
The Singapore Economic Development Board (EDB) is a statutory board under the Ministry of Trade and Industry of the government of Singapore that plans and executes strategies aimed to sustain Singapore as a leading global hub for business and investment. == History == === 1957–1961: Singapore Industrial Promotion Board === In 1957, the Singapore Industrial Promotion Board (SIPB) was formed through the passage of the Singapore Industrial Promotion Bill, to empower the Singapore Government in establishing, developing, and financing industrial undertakings.
Source: Wikipedia — Economic Development Board (CC BY-SA 4.0)