Word: indonesia
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Dates: during 1970-1979
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...Communist capitals, however, it looks as if they are at the edge only because they just pushed somebody else over. Lam Son, concluded Singapore's tough Premier Lee Kuan Yew, "was asking more than the South Vietnamese army was ready to give or able to give." Berita Yudha, Indonesia's army-controlled newspaper, decided that the whole exercise merely "gave an opportunity for North Viet Nam to demonstrate its victory in battle...
...leases are part of a potentially massive underwater oil deposit stretching some 3000 miles on a continental shelf which connects Japan, Indochina, Indonesia and Australia. Four major offshore finds in Southeast Asia to date have been made by American companies: Atlantic Richfield (who pioneered the Aretic North Slope of Alaska), Cities Service, the Union Oil Company, and Natomas Oil Company of California. The Wall Street Journal of September 22, 1970 reported rumors that Standard Oil of New Jersey (ESSO) had discovered a huge reservoir of petroleum in its 28,000 square mile concession off the coast of Malaysia, directly adjacent...
After the granting of independence to Malaysia by the British, Malay aristocrats from the Thai south appealed to the U. N. to allow them to join the Federation of Malaysia, but the new Malaysian government, faced with a "confrontation" from Indonesia and a fragile electoral division between the Chinese and Malays, disowned the irredentist movement...
Henry Ford II was jetting around Asia last week with a new and better idea. The chairman of Ford Motor Co. proposed to the leaders of Indonesia, Singapore, Malaysia, the Philippines, Thailand and Taiwan a plan for joint production of a low-cost auto. It would have a 30-h.p. engine, be available in about two years and sell for $800 to $1,000. The car could be called a modern Model T, an updated and streamlined car-for-Everyman, reminiscent-in concept at least-of the original, which Henry Ford I built 15.5 million times over between...
...seems to mean Southeast Asia. In April 1970 David Rockefeller predicted to an Asian financial forum (sponsored by Chase Manhattan Bank) that oil companies would invest 835 billion in Asia and the Western Pacific over the next 12 years. Most of the money is projected for Southeast Asia and Indonesia, where American oil companies began drilling operations soon after that country's pro-U. S. military overthrew Sukarno...