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Anderson Herald in Anderson, Indiana

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Newspaper

Anderson Herald

Location

Anderson, Indiana, United States of America

Date

Jan 02, 1973

Page

5

Southeast Asia Faces Uncertainty in the New Year

Southeast Asia enters 1973 amid doubts over Vietnam peace and regional stability. Indonesia grapples with famine and drought while the Philippines remains under martial law. Nations weigh the Nixon Doctrine, Japan’s aid, and rising Communist guerrilla activity across Malaysia Thailand and nearby states.

Saigon Vietnam Southeast Asia Singapore Indonesia Philippines Ferdinand E. Marcos New People's Army Malaysian Thailand Jakarta United States People's Republic of China South Vietnam Japan Lee Kuan Yew Tion Laos Cambodia Marcos Philipa Asia Thanom Kittikachorn Defense National Executive Council Malaysia Sarawak West Kalimantan Borneo Java Sumatra Suharto Adam Idle

East Asia Edges Toward Stability Despite Philippines Flood Setback

A 1972 survey shows Taiwan Hong Kong and Singapore leading regional growth while the Philippines faced economic strain under martial law from floods worth over 500 million dollars. Taiwan trades more with Europe and Taiwan investment rises. Hong Kong exports rise and tourism expands though costs surge. Singapore anticipates 13 percent growth as regional economies stabilize aided by improved rubber prices and restructuring.

Tokyo Philippines East Asia Taiwan Hong Kong Singapore Japan Thailand Malaysia South Korea Indonesia Alec Douglas-Home Peking China United Nations Marcos British Pound

Trade thaw spurs 1973 optimism for U S corporate expansion

A renewed thaw with the Soviet Union and China plus a recovering U S economy fueled broad forecasts of strong business growth in 1973. Nixon loosened trade controls three days before his China trip, boosting commerce and investor confidence amid higher profits, record Dow highs, and easing prices.

New York Soviet Union China U.S Mainland China Nixon People’s Republic of China U.S.S.R United States Price Commission Commission West Coast

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