Indonesia: Back to Business

The handsome Hotel Indonesia, built in Djakarta during the heyday of Sukarno and equipped with everything but paying guests, is suddenly bustling. Checking in last week for extended stays were businessmen from half a dozen nations. American executives, encouraged by the State Department and newly protected by the U.S. Government against investment losses caused by revolution or expropriation, came with plans for everything from stepping up tire production to developing tourism in the archipelago republic.

Old Wrongs. All this came in response to the fact that with Sukarno fading fast, the triumvirate that replaced him seems...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!