Chapter 3WORLD OUTLOOK

“Singapore, being a very open economy, is mercilessly subject to the vicissitudes of these global events. We just have to be prepared for the worst. Some “black swans” may turn up and it may not be enough to just sit down and label or rationalise them as such. Our best answer, at a company-level, is not just to pick the right scenarios, but to continue to build a strong and committed team that can face any crisis.”

A Journey of “Encountering Evil”

Dear Colleagues,

I heaved a sigh of relief as I reclined comfortably into my familiar SQ seat last Sunday. I was flying home from Boston, with a connecting flight through London, and was reflecting on the drama of the last five days. From 17th to 22nd April I had toured Montreal, Washington DC and Boston with colleagues from CAG and CapitaLand. The trip turned out to be a most unexpected and adventurous journey, and that is why I am prompted to write this first Sunday email to you. As my hobby, I have been writing Sunday emails to colleagues in my previous job (Pidemco Land and CapitaLand) for the last 15 years, since 1998. Little did I expect that my first Sunday email to CAG would be triggered by such an attention-grabbing and adverse event. This is what happened.

After months of planning, we finally ...

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