Novartis CEO Writes a Prescription for the Swiss Drug Giant’s Success

SATURDAY, SEPTEMBER 21, 2013

Novartis CEO Writes a Prescription for the Swiss Drug Giant’s Success

By JONATHAN BUCK | MORE ARTICLES BY AUTHOR

Joseph Jimenez has steered the Swiss drug giant deftly through the patent expiration on its top-selling drug. Up next: record earnings.

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Novartis CEO Joseph Jimenez isn’t a medical doctor like his predecessor, Daniel Vasella. Nonetheless, since becoming boss in February 2010, Jimenez has written the right prescription for the Swiss drug giant’s success. His appointment coincided with a critical moment in Novartis’ history: the patent expiration on Diovan, a treatment for hypertension that had been the company’s best-selling drug for more than a decade. As generic substitutes entered the market, Novartis’ revenue and profit slipped. But the company is poised to post record results again in 2015, powered by rising sales of new medications. Read more of this post

Roots of Chinese Officials’ Lies; To understand China’s politics you have to learn how her officials speak

September 19, 2013, 12:59 p.m. ET

Roots of Chinese Officials’ Lies

To understand China’s politics you have to learn how her officials speak.

PETER NEVILLE-HADLEY

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Princeton Professor Emeritus Perry Link draws on 30 years’ worth of notes about the Chinese language’s quirks to construct a revealing picture of how Chinese involved in politics think. The country may have been torn apart by a century of ideological struggles, but the maddeningly malleable manner of expression known as guanhua or “official language” has united the warring factions. Mr. Link dissects the mechanisms by which the modern rulers of China both consciously and unconsciously use language to club the populace into submission. There are important lessons here for those who deal with China on any level. Take for example the tendency to lapse into sloganeering. Chinese signs recommending caution when crossing the road, or reminding lavatory users to flush, often use seven-syllable 2–2–3 rhythms called qiyan, one of the building blocks of poetry. To the Chinese ear this meter not only sounds “right” but the rhythm lends their instructions authority. This has made it popular with propagandists. Even at the height of the Cultural Revolution, when Red Guards condemned all that was traditional, Mao Zedong used the same classical form, Linghun shenchu gan geming: “Make revolution in the depths of your soul.” Read more of this post

Buffett Says Federal Reserve Is Greatest Hedge Fund in History; laments lack of investment bargains

Buffett Says Federal Reserve Is Greatest Hedge Fund in History

Billionaire investor Warren Buffett compared the U.S. Federal Reserve to a hedge fund because of the central bank’s ability to profit from bond purchases as it accumulated a balance sheet of more than $3 trillion. “The Fed is the greatest hedge fund in history,” Buffett told students today at Georgetown University in Washington.

To contact the reporters on this story: Noah Buhayar in New York at nbuhayar@bloomberg.net; Marci Jacobs in New York at Mjacobs63@bloomberg.net

Buffett lauds Bernanke but laments lack of investment bargains

7:32pm EDT

By Jonathan Stempel and Peter Rudegeair

(Reuters) – Warren Buffett said on Thursday he would recommend reappointing Ben Bernanke as Federal Reserve chairman, while adding that low interest rates have inflated asset values and complicated his hunt for investments at his company Berkshire Hathaway Inc. The billionaire investor spoke one day after the central bank surprised investors by postponing its expected wind-down of monetary stimulus, which has in five years more than tripled the Fed’s balance sheet to above $3.6 trillion. Read more of this post

The father of history: Translating Herodotus; A new version of the most entertaining of historians

The father of history: Translating Herodotus; A new version of the most entertaining of historians

Sep 21st 2013 |From the print edition

Herodotus: The Histories. Translated by Tom Holland. Penguin Classics; 834 pages; £25. Buy from Amazon.co.uk

OVER the course of the past decade Tom Holland, a British popular historian, has produced a succession of highly readable works of fiction and non-fiction about the classical world. He has adapted Homer, Virgil and Thucydides for the radio and, as a labour of love and at a rate of a paragraph a day, he has translated Herodotus, the man Cicero called “the Father of History”. Mr Holland’s preface states that “Herodotus is the most entertaining of historians”, indeed “as entertaining as anyone who has ever written”. This lively, engaging version of the “Histories” provides ample support for what might otherwise appear to be a wild exaggeration. Read more of this post

8 Creativity Lessons from a Pixar Animator

8 Creativity Lessons from a Pixar Animator

‘I want to put a ding in the universe.’ ~Steve Jobs

By Leo Babauta POSTED: 09.16.2013

Sometimes immersing yourself in the creative world of people doing amazing things can bring unexpected results. My son Justin is interested in 3D animation, and my daughter Chloe is into screenwriting, and so it was a thrill to take them on a tour of Pixar Animation Studios, courtesy of one of the Pixar animators. Bernhard Haux is a “character technical director”, which in his case means he models characters and works on their internal motions (I think — I didn’t fully grasp the lingo). Which means he is just a small piece in the larger Pixar machine, but a piece that’s aware of what everyone else is doing too. He’s worked on major movies such as Up, Brave, Monsters U and others in the last 6 years. Bernhard was gracious enough to show us around the Pixar campus, and while we couldn’t really dig into their super-secret process, we did get a few glimpses of the magic. And as a result of these small glimpses, I learned some surprising things. I’d like to share them here, in hopes that they’ll inspire others as they inspired me. Read more of this post

Chipotle serves up a masterclass in digital marketing; Fast-food chain’s video captures imaginations

September 19, 2013 6:21 pm

Chipotle serves up a masterclass in digital marketing

By Emily Steel

Fast-food chain Chipotle Mexican Grill is redefining how to market to consumers in the commercial-zapping, constantly distracted digital age with its latest viral campaign that attacks the processed food industry. “The Scarecrow”, a three-minute animated video, follows a worker at Crow Foods Incorporated, a dystopian factory that purports to feed the world. The scarecrow, who stands as a symbol of the protector of food, quickly learns that the food processed in the plant is anything but real. Set to a haunting Fiona Apple version of “Pure Imagination”, a song from the 1971 film Willy Wonka & the Chocolate Factory, the scarecrow discovers a conveyor belt churning out “100 per cent beef-ish” meat. Chickens, advertised as “natural”, are pumped full of a neon green liquid. The mood lifts when the scarecrow returns to his home on a farm, picks a red pepper – the Chipotle logo – and starts preparing his own fresh food.

Read more of this post

Close observers of consumers; Anthropologists can shed light on areas that market researchers fail to reach

September 19, 2013 6:20 pm

Close observers of consumers

By Emma Jacobs

John Curran spent weeks shadowing British people going about their daily business. He was there on the school run, he followed them to the supermarket and lurked in cafés while they sipped cappuccinos. Mr Curran is not a private investigator hoping to uncover a dirty secret but an anthropologist – a social scientist who studies human behaviour through systematic observation – working on behalf of a greeting card company. His task? To discover events in need of commemoration. Read more of this post

Evidence shows life ‘originated from space’, say scientists

Evidence shows life ‘originated from space’, say scientists

2013-09-20 02:45:06 GMT2013-09-20 10:45:06(Beijing Time)  SINA.com

Scientists believe they have found the first evidence of life arriving to Earth from space, which could “completely change our view of biology and evolution”. The team, from the University of Sheffield, made the discovery after sending a balloon high into the stratosphere. On its return they found organisms that were too large to have originated from Earth. Professor Milton Wainwright, who led the team, said the results could be revolutionary. He added: “If life does continue to arrive from space then we have to completely change our view of biology and evolution. Read more of this post

The Rise of Compassionate Management (Finally)

The Rise of Compassionate Management (Finally)

by Bronwyn Fryer  |   8:00 AM September 18, 2013

Don’t look now, but all of a sudden the topic of compassionate management is becoming trendy.

A growing number of business conferences are focusing in on the topic of compassion at work. There’s the International Working Group on Compassionate Organizations. There’s the Changing Culture in the Workplace Conference. Then there’s Wisdom 2.0, dedicated to “exploring living with greater awareness, wisdom and compassion in the modern age.” The speakers are no slouches: eBay founder Pierre Omidyar, Bill Ford (yes, that Bill Ford), Karen May (VP of Talent at Google), and Linked In CEO Jeff Weiner top the bill. At TED, Karen Armstrong’s talk about reviving the Golden Rule won the TED prize in 2009 and has given rise to a Charter for Compassion signed by nearly 100,000 people. Read more of this post

Cancer Follows Epic Trail From Dinosaurs to Tumbleweeds

Cancer Follows Epic Trail From Dinosaurs to Tumbleweeds

A yearlong odyssey into the world of cancer a while ago made me reluctant to devote much time to reading about the illnesses of others. But George Johnson’s “The Cancer Chronicles: Unlocking Medicine’s Deepest Mystery” drew me back into the chaotic realm of homicidal cells, starting with his drive along the Dinosaur Diamond Prehistoric Highway in western Colorado. Once this area was filled with frolicking saurians who ate each other and then died out, leaving only the tiniest traces for the paleo-oncologist. Tissue decomposes, bones disintegrate. Even so, evidence is mounting that cancer has been around since the early days. The Hadrosaurus, for instance, seems to have had a genetic disposition for tumors near the end of its spine. Why? Was it a plant the creature dined on? Or perhaps X-rays from outer space that damaged its DNA? (This might support a theory that cosmic rays killed off the dinosaurs.) A science writer for the New York Times and other publications and the author of several books including “In the Palaces of Memory,” an intriguing road map through the brain, Johnson writes with imaginative flair about the whole range of the cancer experience, from nutritional puzzles, clinical trials and wounds that do not heal to the endlessly complex ways a cell can create “something alien inside you.” Read more of this post

The cofounder of unconscious thought theory explains how taking a break and distracting the mind can lead to higher-quality decision making

August 27, 2013

The Thought Leader Interview: Loran Nordgren

The cofounder of unconscious thought theory explains how taking a break and distracting the mind can lead to higher-quality decision making.

by Ken Favaro and Amy D’Onofrio

Could you boost the quality of decision making and innovation at your company by encouraging a more structured form of intuition? Loran Nordgren thinks you could. Indeed, the associate professor of management and organizations at Northwestern University’s Kellogg School of Management argues that adopting new approaches to how we process thought is the remedy that will free organizations from the shackles of traditional strategic planning. Read more of this post

The same brain functions that enable people to be socially successful can also lead to financial ruin, according to a study

Brain Scans Show Social Signals Used to Build Bubbles

The same brain functions that enable people to be socially successful can also lead to financial ruin, according to a study. The ability to understand the intentions or thoughts of others, known as “theory of mind,” is a fundamental tool of social interaction. As financial bubbles are forming, activity is heightened in the area of the brain associated with theory of mind, according to a study of 21 men participating in experimental markets. The research, led by Benedetto De Martino at the California Institute of Technology, was published today in the journal Neuron. Read more of this post

Maternal love under streetlight: Mother accompanies daughter to study beside road

Maternal love under streetlight: Mother accompanies daughter to study beside road

(People’s Daily Online)    09:11, September 17, 2013

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Sanitation worker Wu Weixiu helps her daughter with her homework under streetlight

Tang Dingrui, 7, studies beside the road under streetlight every night in Yibin city, southwest China, while her mother, a sanitation worker, cleans road near her.  Wu Weixiu, 38, divorced, lives with her 60-year-old mother and Tang Dingrui. Wu has to do all housework after work, and because of outdoor work, she looks older than her real age. “My mother is illiterate, so she cannot help with my daughter’s homework. Also Tang was born shortsighted, no one can take care of her, so I have to take her with me after school hour. ” Wu feels guilty to her daughter. During her break, she checks her daughter several times and sometimes she reads textbook with her.  But Tang has a positive mind. “My mom has no money to treat my eyes, but she buys new glasses for me every year,” she said happily. Tang has another explanation as to why she does homework under streetlight, saying “streetlight is brighter than the light in my home, and my mom can save electricity expense if I study here.”

Tan Xiaozhen, 101-year-old woman who doesn’t have subsistence allowance, earns her own living by collecting and selling foam boxes in southwest China’s Guizhou Province.

Centenarian scavenger in SW China

2013-09-18 01:24:46 GMT2013-09-18 09:24:46(Beijing Time)  SINA English

By Yu Runze, Sina English

Tan Xiaozhen, 101-year-old woman who doesn’t have subsistence allowance, earns her own living by collecting and selling foam boxes in southwest China’s Guizhou Province. “I arrived in Guizhou over 50 years ago. However, I don’t have a household register in this city,” the old woman said.

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How to find some value in hitting rock-bottom

September 17, 2013 4:27 pm

How to find some value in hitting rock-bottom

By Luke Johnson

Most large and failing companies can be saved. But they need fresh leaders

The phrase “hitting rock-bottom” is normally reserved for addicts. It defines the point at which their life cannot get worse: they either die or reinvent themselves – and recover. I believe this concept has a broader application: it can be used for companies, cities and even countries. Reaching rock-bottom is necessary for rehabilitation, because until an addict falls that far, they tend not to make the radical reforms necessary to save themselves. Without a nadir to act as a wake-up call, they are likely to remain in denial, blaming others and finding excuses for their problems – and not making the difficult changes necessary. Read more of this post

‘Time Management’ Is BS. Here’s What Works. Energy, not time, is the fundamental currency of high performance.

‘Time Management’ Is BS. Here’s What Works.

ERIC BARKERBARKING UP THE WRONG TREE SEP. 17, 2013, 4:38 PM 2,321 1

Put the schedule down for a second. Consider something I read in The Power of Full Engagement: Maybe it’s not about time. It’s about energy. Via The Power of Full Engagement:

Energy, not time, is the fundamental currency of high performance. It’s a qualitative lens instead of a quantitative one. Focusing on your time management skills sounds great but all hours are not created equal. We’re not machines and the time model is a machine model. Our job isn’t to be a machine — it’s to give the machines something brilliant to do. Do you accomplish more in three hours when you’re sleep-deprived or in one hour when you feel energetic, optimistic and engaged? This may sound fluffy but it’s an important perspective to take: 10 hours of work when you’re exhausted, cranky and distracted might be far less productive than 3 hours when you’re “in the zone.” So why not focus less on hours and more on doing what it takes to make sure you’re at your best?  Read more of this post

Why Being Overworked Can Feel Like Being Poor

Why Being Overworked Can Feel Like Being Poor

MANDI WOODRUFF SEP. 17, 2013, 6:26 PM 1,101 2

What does a single mom earning minimum wage have in common with a millionaire CEO with a calendar packed with back-to-back meetings? They both struggle to find a basic element needed to succeed: The mom never has enough money, and the CEO is constantly running out of time. While they have different needs, the effect of critical scarcity on their mental capacity to handle their problems is similar, according to a new book by Harvard economist Sendhil Mullainathan and Princeton psychologist Eldar Shafir.  Read more of this post

South American ‘soybean king’ says region feeds world; Los Grobo, the largest producer of wheat in Latin America, deals not only in soy, grains and oilseeds, but also provides agri-input and technical assistance to farmers. “I am a Marxist, you mig

South American ‘soybean king’ says region feeds world

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Tuesday, September 17, 2013 – 10:41

AFP

BUENOS AIRES – Argentina’s Gustavo Grobocopatel, known as the “soybean king,” is head of one of the most powerful agroindustrial groups in South America, and quickly touts soy’s power in feeding people everywhere. “In South America we work to feed the world,” Grobocopatel, 51, said during an interview with AFP. “To criticise soy is to criticise the poor who have begun to eat,” he said. Read more of this post

Singapore’s greedy maid employment agencies

The greedy employment agencies

September 17th, 2013 |  Author: Contributions

While drinking tea at Katong shopping centre, I watched a brand new Bentley driven by a maid agency owner. At Katong shopping centre, there are full of maid agencies. The money from slave trade is good. Most of these owners owned 3 or 4 condos. How they make that kind of money to own such luxuries? Readers, a very cruel way: For 8 months, the maid works for free. The money goes to the agencies. Suppose the maid salary $500, if one month the agency closed say 1000 deals, that work out to $500,000 per month, around the areas, you can see vultures of Bangla and Indian workers trying to exploit these poor Indonesia maids. They know, the maids are vulnerable, as for 8 months, they have zero incomes. These maids were forced into part time prostitution. Read more of this post

How Poverty Takes Over the Mind

How Poverty Takes Over the Mind

Suppose you got no sleep last night and you have to take an intelligence test today. If you’re like most people, you’re not going to do so well on that test. Now suppose you are struggling with poverty and you have to take the same intelligence test. How, if at all, will your test score be affected? Harvard University economist Sendhil Mullainathan and Princeton University psychologist Eldar Shafir offer a clear answer: You will probably do pretty badly. In a series of studies, they found that being poor, and having to manage serious financial problems, can be a lot like going through life with no sleep. The reason is that if you are poor, you are likely to be preoccupied with your economic situation, and your mind has less room for other endeavors. This claim has important implications for how we think about poverty and for how we select policies designed to help poor people. Read more of this post

For Daisy Group founder Matt Riley, speed has been essential to building his business

September 17, 2013 4:52 pm

A fast route to success

By Andrew Bounds

Quick builder: Matt Riley was impatient on leaving school and eager to create a company

It is a long way from Nelson, in the northwest of England, to the City of London. But Matt Riley travels fast. In fact, the motorcycle-riding telecoms entrepreneur – whoseDaisy Group has just announced its first dividend four years after floating on Aim, the London Stock Exchange’s junior market – does everything quickly. His plain, windowless office, where the only decor is a sign proclaiming “cash is king” and a pyramid of baked bean tins, won in weekly football betting contests with staff, looks like it could be vacated at a moment’s notice. Read more of this post

Personal Branding for Introverts

Personal Branding for Introverts

by Dorie Clark  |   1:00 PM September 17, 2013

I had just finished a talk at a leading technology company when an engineer approached me. “I liked your ideas about personal branding, and I can see how they’d work,” he told me. “But most of them aren’t for me — I’m an introvert. Is there anything I can do?” What he didn’t realize is that (like anestimated one-third to one-half of the population) I’m one, too. Despite the common misperception that all introverts are shy, and vice versa, they’re two very different phenomena. (Author and introversion expert Susan Cain defines shyness as “the fear of negative judgment,” while introversion is “a preference for quiet, minimally stimulating environments.”) I actually like giving talks to large groups (that day, there were 180 people in the room and another 325 watching online). I’m happy to mingle and answer questions afterward. But at a certain point, I’ve learned through experience, I have to get away and go somewhere by myself. Read more of this post

DNA Double Take: Your DNA and identity are not as entwined as once thought. In fact most people have multiple genomes floating around, from mutations and remnants of pregnancies or twins

September 16, 2013

DNA Double Take

By CARL ZIMMER

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From biology class to “C.S.I.,” we are told again and again that our genome is at the heart of our identity. Read the sequences in the chromosomes of a single cell, and learn everything about a person’s genetic information — or, as 23andme, a prominent genetic testing company, says on its Web site, “The more you know about your DNA, the more you know about yourself.” Read more of this post

Does It Count as a Family Dinner If It’s Over in Eight Minutes? Parents Know About the Benefits to Children of Eating Together, But Many Are Looking for Ways to Make the Meal Last

September 17, 2013, 7:00 p.m. ET

Does It Count as a Family Dinner If It’s Over in Eight Minutes?

Parents Know About the Benefits to Children of Eating Together, But Many Are Looking for Ways to Make the Meal Last

DIANA KAPP

Dinner hour? Try dinner 20 minutes. Back to school for many families means back to the packed lineup of sports practices, music lessons and other after-school activities which on some nights can last into early evening. Add homework and parents’ long work hours, and it’s a wonder families ever have time for a sit-down meal. Yet many parents insist on maintaining regular family dinners and feel guilty when they fail, given the list of child-development benefits researchers say are associated with the ritual. These include better grades, healthier body weight, lower rates of cigarette and alcohol use, stronger relationships with parents and better overall mental health.

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Read more of this post

Bathed, not bred: Vendors warn of fake Yangcheng Lake crabs

Bathed, not bred: Vendors warn of fake Yangcheng Lake crabs

Staff Reporter 

2013-09-18

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Mitten crabs — known locally as hairy crabs — are a seasonal delicacy in China especially around the time of the traditional Mid-Autumn Festival, which falls this year on Sept. 19. The area most famous for producing the crabs is Yangcheng Lake, to the northeast of Suzhou in eastern China’s Jiangsu province, and the name is sufficiently well known for some vendors to try to pass crabs bred elsewhere as genuine Yangcheng Lake produce, reports our Chinese-language sister paper Want Daily. More than 2,000 households are estimated to make a living selling Yangcheng Lake crabs, producing about 2,000 tonnes of the crustaceans a year. Genuine Yangcheng Lake crabs will go on sale from Sept. 17 this year, which means crabs which have gone on sale so far claiming to be from the area are not so, according to an association officially approved to oversee the trade in crabs from Suzhou. The crabs that have gone on sale so far are from outside the area, say Yangcheng Lake crab farmers, who say unscrupulous vendors raise their crabs elsewhere before taking them to the lake for a dip in the water before selling them at a higher price than they would otherwise fetch. This year’s harvest of Yangcheng Lake crabs is estimated to be down by about 20% this year due to hot weather, creating higher prices for a more limited supply. Customers who are buying their crabs at a cheaper price are likely to be buying specimens which have only “taken a bath” in the lake, local breeders said.

Happy Chuseok

2013-09-17 16:06

Happy Chuseok

Bernard Rowan
Last week, several colleagues and I were traveling by car to a meeting in downstate Illinois, and while returning home in the afternoon, one noticed the moon in the daytime sky.
“There’s the moon!” she exclaimed, to which someone replied, “Oh, well, yes, that’s the moon.” Our underwhelming notice of astronomy aside, we talked about the lengthening nights and shorter days, and about the autumnal equinox. I got to thinking, however. I really should have said, “Chuseok is coming.” Read more of this post

Detecting Accounting Frauds in Asia (Part 2) (Bamboo Innovator Insight)

The following article is extracted from the Bamboo Innovator Insight weekly column blog related to the context and thought leadership behind the stock idea generation process of Asian wide-moat businesses that are featured in the upcoming monthly entitled Moat Report Asia. Fellow value investors get to go behind the scene to learn thought-provoking timely insights on key macro and industry trends in Asia as well as benefit from the occasional discussion of potential red flags, misgovernance or fraud-detection trails ahead of time to enhance the critical-thinking skill about the myriad pitfalls of investing in Asia at the microstructure- and firm-level.

Detecting Accounting Frauds in Asia Part 2

Eiji Toyoda, Creator of Toyota Export Giant, Dies at 100

Eiji Toyoda, Creator of Toyota Export Giant, Dies at 100

toyoda-roger-smith

GM’s Roger Smith and Eiji Toyoda created their joint venture NUMMI

Eiji Toyoda, who spearheaded Toyota Motor Corp. (7203)’s expansion in the U.S. as the automaker’s longest-serving president, has died. He was 100. Toyoda died at 4:32 a.m. today because of heart failure at the Toyota Memorial Hospital in Toyota City, Japan, Toyota Motor said in a statement. Funeral services will be held for close family members only, it said. During his 57-year career, the younger cousin of Toyota Motor’s founder helped reshape a maker of Chevrolet knockoffs into an automaker whose manufacturing efficiency became the envy of General Motors Corp. (GM) and Ford Motor Co. By the time he stepped down in 1994, the company was assembling Corollas in the U.S., had started the Lexus luxury brand and had initiated a project that would develop the world’s most successful gas-electric vehicle, the Prius. “He played an important role in leading Toyota’s expansion into North America, and in developing the carmaker into a global company,” Japan’s Chief Cabinet Secretary Yoshihide Suga, said at a press conference in Tokyo. “He was someone who was indispensable to the nation’s entire industry.” Toyoda was a cousin of Kiichiro Toyoda, the founder of the company that bears a slightly altered version of the family’s name. He was one of six presidents to come from the family. Read more of this post

Lantern master’s passion burns bright even after 50 years; “They know it’s not lucrative. My selling price often cannot cover the time and effort used to create the lanterns. But to me, money is secondary. This is my passion, and I hope to do it until i die.”

Lantern master’s passion burns bright even after 50 years

lantern_np

Tuesday, September 17, 2013 – 06:30

Benson Ang, The New Paper

During the Mid-Autumn Festival, most of the lanterns you see in Singapore are imported. But some Singaporeans are still hanging on to the old skills, making, designing and painting traditional Chinese lanterns. Mr Yeo Hung Teo, 75, has been designing and painting Chinese lanterns for about 50 years. He owns Yeo Swee Huat Paper Agency, operating out of a small unit in Toa Payoh Industrial Park. Lanterns, he says in Mandarin, are symbols of identity and status. “Temples, businesses and individuals want them to be hung outside their homes or premises.” Some lanterns are specially commissioned for occasions like the birthdays of deities, funerals and the Hungry Ghost Festival. Made of paper, bamboo and glue, the lanterns are lit with a candle or light bulb. Mr Yeo imports the skeletons of the lanterns from China. He pastes the “skin” over the skeleton and painstakingly hand-paints the lantern with Chinese calligraphy and motifs. The colour of the characters depends on the lantern’s purpose. Most organisations want red characters as the colour represents good luck and fortune. Martial arts organisations might want black characters as the colour symbolises strength, he says. Blue characters are only for funeral lanterns. Each character is painted over at least six times to ensure there are no uneven areas, even when the lantern is lit. Some lanterns also have a decorative drawing – usually of flowers, trees, animals or fruits. To create these designs, Mr Yeo first draws them on the lantern with a ball point pen. He then uses one brush to colour them and another to create textures and effects. He says: “These effects make the objects look more ‘alive’ and beautiful.” He can complete simple designs in two days. More complex ones can take up to a month. The finished lanterns can fetch up to hundreds of dollars, depending on the complexity of their designs. Mr Yeo learnt how to paint lanterns from his father, who set up the business in the 1960s. After two years under his father’s tutelage, Mr Yeo could paint words and simple designs. He learnt more designs during business trips to China and studying the lanterns in temples there. He also sought out other lantern masters – most of whom are now dead – to hone his craft. “After practising for so long, I think my designs have got better.” Sadly, the sun appears to be setting on this art form. His six children, in their 20s to 50s, are not interested in taking over his business.

“They know it’s not lucrative. My selling price often cannot cover the time and effort used to create the lanterns.

“But to me, money is secondary. This is my passion, and I hope to do it until I die.”

Bigmouth strikes again: How Manchester became a model for other British cities

Bigmouth strikes again: How Manchester became a model for other British cities

Sep 14th 2013 | MANCHESTER |From the print edition

MANCHESTER, wrote Benjamin Disraeli in 1844, “is the most wonderful city of modern times”. Mancunians, known for many virtues but not for their modesty, are not shy to repeat it. But they do have a point. Manchester was arguably the first true modern city. Whereas Bristol was built on the slave trade, and Birmingham on the industry of a thousand tiny workshops, Manchester was a city of enormous factories, supplying cotton to the world. Its ruthlessly competitive entrepreneurial culture became the model of Victorian industrial capitalism. Read more of this post