Word: jakarta
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...Chinese Communist raincoats sold last week for 40% less than in Canton. The Japanese admitted that Chinese underselling had "destroyed" Japan's newsprint and grey cotton sheetings exports throughout Southeast Asia, now threatened to undermine Japan's markets in soybean oil, cement, structural steel, window glass. In Jakarta, Indonesians were snapping up Chinese yarn at $390 a bale, $25 cheaper than Japan's yarn. In Thailand, Japanese cotton piece goods had been virtually driven from the market by Chinese prices, which were as much as 15% lower. Other Red bestsellers: bicycles, sewing machines and scented cotton prints...
...JAKARTA, Indonesia, Dec. 19--The military today put the first squeeze on non-Dutch Western business in Jakarta since the onset of the angry dispute with the Netherlands over West New Guinea...
About 300 American, British, French, Belgian and other Western businessmen were told they must surrender a fourth of the houses they own in Jakarta...
...JAKARTA, Indonesia, Dec. 18--Premier Djuanda told newsmen today the government has officially taken over major Dutch industries in Indonesia and if the Dutch want compensation they must turn over Dutch West New Guinea...
...JAKARTA, Indonesia, Dec. 17--Famine and severe food shortages have struck several parts of Indonesia, government quarters said today...