Word: porting
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Dates: during 1950-1959
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Acting President Sartono had his work cut out for him. In the three weeks since Sukarno launched his campaign to seize Dutch-owned commercial enterprises and expel their owners, Indonesia's ever-shaky economy had deteriorated sharply. In the Djakarta port area alone, some 30,000 workers were idle. Imports were off by 80%. The price of rice had doubled. Already the government is dipping into its "iron reserve" of rice stores, nominally designated for use only in the event of war or national emergency. Djakarta printing presses were at work turning out 400,000 rice ration cards...
Last Flight. At Djakarta's sprawling port of Tandjong Priok, lean little Indonesian commandos swirled up in dusty U.S. trucks and mounted guard over Dutch ships and port facilities. In the capital itself, workers of the Communist-dominated SOBSI (an all-Indonesia association of trade unions) ejected Dutch officials from the gleaming white colonial buildings that house the Royal Packet Service Co. (K.P.M.) and the Netherlands Handelsbank...
...buildings are packed modern supermarket-like facilities to speed travelers on their way: escalators to carry passengers from floor to floor, 32 special customs check-out counters to which passengers wheel their luggage in marketlike pushcarts, enclosed arcades that enable passengers of each overseas flight to go through the port without getting mixed up with domestic passengers. Around the new terminal buildings will spring up a whole network of individual U.S. airline terminals for domestic passengers that will eventually cover 655 acres...
Last week, in the new Catania industrial zone, a $4,000,000 steel fabricating plant went into operation. Nearby, close to Messina, work started on a $5,000,000 plant to .produce frozen orange juice. At Augusta, a ghost port barely five years ago, a third major project was completed, a multimillion-dollar oil refinery with a capacity of 2,800,000 tons annually and new docks for 45,000-ton oil tankers. At Enna, in Sicily's depressed interior, Milan Edison was putting the finishing touches on a $16 million chemical plant. All told, since 1948 nearly...
Home & Abroad. Sicilian businessmen learned to take full advantage of their country's natural resources. Sicily's position astride shipping routes turned the port of Palermo into the Mediterranean's busiest repair center, with 5,000 new workers. New irrigation and land-reclamation schemes are making agriculture a prime source of foreign exchange, with export sales of processed fruits and vegetables rising from almost nothing in 1946 to $37 million in 1955, some $48 million last year. Much of the new industry is homegrown, but much more comes from foreign businessmen and mainland Italians who know...