Word: malayans
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Ultimately, Malaysia's success depends in large measure on its chief architect, Malayan Prime Minister Tengku Abdul Rahman, who at 59 is troubled by insomnia and is perceptibly slowing down...
Good for All. As chairman of Guthrie, Sir John spends only one month each year on the Malayan plantations−the rest of the time his eye roves world markets from Guthrie's London headquarters−but he is deeply involved in Malayan affairs. Even before there was serious pressure for Malayan independence, he began training local men to take a hand in plantation management. At great cost, he pioneered the development of new grafting techniques and agricultural hormones that have produced higher-yielding rubber trees. By sharing his developments with the official Malayan rubber research agen...
...kind of partnership for productivity has paid healthy dividends. Three years ago, Malaya displaced Indonesia−which had nationalized its rubber plantations−as the world's biggest producer of natural rubber. Last year, producing more than a third of the world's natural rub ber, the Malayan plantations brought in a fourth of the new nation's income. Be cause of rubber, Malayans enjoyed a high (for Asia) per capita income of $113, v. $40 for neighboring Indonesians. And because of this strong economy, Malaya may well be able to expand. Last week Britain agreed...
...prevent Singapore from becoming an Asian Cuba off Malaya's coast and to stimulate the development of the backward Borneo territories, Malayan Prime Minister Tengku (Prince) Abdul Rahman last year proposed a sensible solution: the formation of a Malaysian Federation...
...drawing to see who would actually get the coveted shares. The reason for all the enthusiasm: since Palmer, a New Zealand-born corporation lawyer, joined Ready Mixed as a director in 1945, the company has expanded into eight foreign countries, now controls 186 concrete plants, 40 quarries and a Malayan tin mine. Last year Ready Mixed doubled its profit to $2,400,000. Placid Chairman Palmer, who meticulously limits himself to an eight-hour workday and refuses to take papers home, intends to maintain the same headlong expansion into any area "where labor is costly...