Word: malayas
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...Southeast Asia, where these portents seemed especially clear, armed Communist insurrections in recent years were narrowly put down in Malaya, Indonesia, Burma and the fragmented states carved from French Indo-China...
...Malaya. The only nation in Southeast Asia that still operates as a parliamentary democracy, Malaya is also one of the most solidly based. It has an able leader, the Moslem Premier Tengku Abdul Rahman, who was able to lift emergency restrictions in the state of Negri Sembilan last week, has now cleaned up 80% of the country as the eleven-year war against Communist guerrillas in the jungle sputters off into insignificance...
WEST GERMAN COMPETITION with U.S. and British firms is growing stiffer in underdeveloped areas. West Germany's latest prize: a $14 million contract to engineer biggest hydroelectric power project in Southeast Asia, a 200,000-kw. job in Malaya's Cameron Highlands...
...sixth largest bank in Malaya, with capital estimated at $20 million, Bank of China handles about one-third of all Malayan transactions with the Red mainland. It has played its part in boosting overall trade between the two countries to a whopping $152 million, of which $100 million represents a favorable balance for the Communists. Bank of China also engages in such un-bankerish activities as the financing of trips of Malayan students and businessmen to China, the charging of minimal interest for unsecured loans to favored individuals, and the relaying home of economic, political and military information...
...free his government of the strangling Red embrace. Prime Minister Rahman first declared a boycott of Chinese textiles, cement and chemicals, which have been flooding the Malayan market at below-cost prices. Last week he rammed through the Legislative Council a bill decreeing that any bank operating in Malaya that is owned by a foreign government or on behalf of that government or any of its agencies, must cease operation within three months. Of Kuala Lumpur's 15 banks-British as well as Malayan-the only one to answer to all the specifications is the Communist Bank of China...