As an investor, I am fine if companies dial down on diversity initiatives

LIVING in multi-racial, multi-religious Singapore – where people hail from diverse nationalities and many are foreign-born – is fun. One can celebrate various festive occasions, learn about disparate cultures and access different cuisines.

Crucially, too, Singapore’s diverse society is a strength for our businesses.

For example, penetrating regional markets is easier when a business can tap staff here who are familiar with cultural norms and behaviour in a target market.