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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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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