World Business: Personal File: Aug. 23, 1963
∙ After five years of glaring at their old colonial masters, the hard-pressed Indonesians are showing some willingness to do business with the Dutch. Philips Lamp President Frits Philips, 58, whose giant corporation wrote off Indonesian factories worth $5,300,000 after President Sukarno kicked the Dutch out, is just back from a trip to Indonesia with a new agreement. Philips agreed to train Indonesian technicians in The Netherlands, send experts to study Indonesian production problems. Also in the works for Indonesia: $28 million in Dutch trade credits.
∙ A nation that took its silkworms seriously, Japan was shocked when aggressive Shigeki Tashiro, head...
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