• Short Summary

    TRADE BETWEEN SINGAPORE AND INDONESIA HAS SLOWED ALMOST TO A STANDSTILL SINCE PRESIDENT SOEKARNO ANNOUNCED LAST SATURDAY THAT HE WAS BREAKING OFF ALL ECONOMIC RELATIONS WITH MALAYSIA.

  • Description

    TRADE BETWEEN SINGAPORE AND INDONESIA HAS SLOWED ALMOST TO A STANDSTILL SINCE PRESIDENT SOEKARNO ANNOUNCED LAST SATURDAY THAT HE WAS BREAKING OFF ALL ECONOMIC RELATIONS WITH MALAYSIA.

    ALL SHIPPING HAS STOPPED. IN SINGAPORE'S RIVER BASIN, HUNDREDS OF INDONESIAN TRADING VESSELS HAVE DROPPED ANCHOR, UNCERTAIN OF THE FUTURE, YET RELUCTANT TO RETURN HOME WITHOUT CARGO,
    MANY SHIPPING COMPANIES IN SINGAPORE WILL NO SEND THEIR SHIPS TO INDONESIA IN THE PRESENT SITUATION "BECAUSE, "THEY SAY, "WE DO NOT KNOW WHAT WILL HAPPEN TO THEM WHEN THEY ARRIVE."
    BUSINESSMEN HAVE SAID THAT THE TRADE BREAK WILL HAVE A MORE ADVERSE EFFECT ON INDONESIA THAN SINGAPORE, AS EIGHTY-PER CENT OF INDONESIA'S TRADE IN THE PAST HAS PASSED THROUGH SINGAPORE.

    MEANWHILE, SOME SIXTY MEMBERS OF THE INDONESIAN CONSULATE IN SINGAPORE, INCLUDING THEIR FAMILIES, HAVE LEFT FOR DJAKARTA AFTER CLOSING DOWN THE OFFICE. WORK ON A NEW CONSULATE BUILDING IS NEARING COMPLETION. BALINESE SCULPTORS, ESPECIALLY FLOWN OUT, ARE BUSY PUTTING FINISHING TOUCHES ON DESIGNS, BOTH INSIDE AND OUTSIDE THE BUILDING, WHICH WAS SCHEDULED TO BE OPENED NEST MONTH.

  • Tags

  • Data

    Film ID:
    VLVAD9KF1CY17YF189ACL93D63GH3
    Media URN:
    VLVAD9KF1CY17YF189ACL93D63GH3
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    24/09/1963
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:01:16:00
    Time in/Out:
    /
    Canister:
    N/A

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