DIARY: Stories we could tell ... Rivals whoop it up as Fallon launches

Looking at the crowd that turned up for Fallon Worldwide's party to celebrate its arrival in Singapore, Diary couldn't help but ponder that famous Chinese saying: Keep your enemies close by.

Among the 600, mostly creative types, who crowded into the small function room at the Singapore Art Gallery to welcome the American hotshop were a surprising number of big wigs from rival agencies. Spotted in the crush were Lowe Lintas CEO Addison James, head of art Craig Smith and art director Ng Pei Pei, both from Ogilvy & Mather, and Starcom managing director D Sriram.

What better way to check out a competitor, especially one which clearly has nerves of steel to launch in such a miserable time. Despite the less than fortuitous moment for an agency launch, Fallon Worldwide chairman Pat Fallon believes the agency's business game plan is conservative enough to see it through the rocky economy. Then again, one could hardly expect an early profit after having to provide food and drink for 600 people - many of whom were from rival agencies.

In fact the large number of rival agency executives in attendance had one wag speculating that perhaps it was the competition's attempt to derail Fallon's conservative game plan by drinking the newcomer dry, so to speak.