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...There is no place in the world we won't go if we see a chance to make money," says Lowell Dillingham. The Dillingham Corp., which Lowell formed in 1961 by putting together 21 of the family-run subsidiaries, is working on an airport in Malaya ($6,700,000), a harbors project in Indonesia ($5,000,000), an airport in Saudi Arabia ($3,400,000), and wharfing and harbor facilities in Singapore ($4,800,000). It is involved in a $28 million modernization of Australia's Mount Isa railroad and mines and a $3,500,000 reclamation project...

Author: /time Magazine | Title: Corporations: Looking to the Mainland | 8/16/1963 | See Source »

...formal opening of the Manila meeting last week, Philippines President Diosdado Macapagal heaped praise upon his two guests. He hailed Indonesia's fun-loving President Sukarno as a "great leader" and paid tribute to the "stabilizing influence in Asia" of Malaya's Prime Minister Tunku Abdul Rahman, who hopes, on Aug. 31, to preside over the birth of Malaysia, a merger of Malaya with Singapore, Sarawak and North Borneo. Macapagal went on: "The question in the minds of many is, 'Will this conference succeed-?' " At that moment the power failed, out went the lights, off went...

Author: /time Magazine | Title: Southeast Asia: Then the Lights Went Out | 8/9/1963 | See Source »

Quintuplets were expected, quadruplets appeared. That was the story in London last week when government and colonial leaders signed the birth certificate of a new British Commonwealth nation. It was the Federation of Malaysia, which was to be composed of independent Malaya, self-governing Singapore, and the three British territories of Sarawak, Brunei and North Borneo. But at the last moment, the oil-sodden sultanate of Brunei pulled out of the agreement in a fit of pique over the final terms of federation...

Author: /time Magazine | Title: Malaysia: The Quads | 7/19/1963 | See Source »

Macy's v. Gimbels. Brunei's sudden defection came after weeks of cliffhanging negotiations between Malaya's shrewd Prime Minister Tunku (Prince) Abdul Rahman, father of the federation scheme, and Singapore's brilliant, mercurial Prime Minister Lee Kuan Yew. Though the Tunku had demanded that Singapore kick in 55% of its revenues to the federal treasury, Lee managed to whittle the figure down to 40%. But overplaying his hand, he then held out for 39% . So infuriated was the Tunku at this Macy's v. Gimbels tactic that he delivered an ultimatum to Singapore...

Author: /time Magazine | Title: Malaysia: The Quads | 7/19/1963 | See Source »

...grouping would loosely join Indonesia and the Philippines to Tunku Abdul Rahman's Federation of Malaysia (Malaya, Singapore, North Borneo, Sarawak and Brunei) to be established Aug. 31. The Philippines claim a part of North Borneo as its own but agreed amicably to postpone settlement of the issue. Indonesia's President Sukarno, who had condemned the Malaysia Federation as an imperialist plot, apparently realized that since he can't stop it, he might as well try to join...

Author: /time Magazine | Title: Southeast Asia: Triplets Reunited | 6/21/1963 | See Source »

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