'No' to quotas for gender diversity: S'pore

Singapore

SINGAPORE has decided against instituting quotas, enacting laws or offering incentives to get companies to appoint more women to their boards of directors.

To increase the participation of women on boards, it will instead use a softer approach; it will work with various stakeholders to, for example, provide training for women who want to become directors and include gender diversity among the list of best practices in the Code of Corporate Governance.