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Word: gloeilampen (lookup in dictionary) (lookup stats)
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Holland's huge Philips' Gloeilampen-fabrieken is returning to Indonesia and investing $6,000,000 in a joint venture with the government. British-American Tobacco will operate a cigarette factory in Djakarta, while Belgium's Faroka will make cigarettes in Malang. Scores of smaller ventures from candy to pearl culture have signed up. "The important thing," says Sediono, "is getting the first company to come in. Then competitors want to follow. For example, Philips' of Holland came in and now Siemens of Germany is interested...

Author: /time Magazine | Title: Indonesia: After the Hangover | 3/15/1968 | See Source »

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